Gulf Business

SUNNY VARKEY

GEMS Education: $2.6bn

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Sunny Varkey has become a global name in education after developing his group GEMS into the world’s largest operator of K-12 schools, with 250 locations across 14 countries and a value estimated at up to $5bn. The son of an expat teacher, who moved to Dubai from Kerala in 1959, Varkey has in recent years turned his eyes to charitable causes after establishi­ng the Varkey Foundation in 2010 and the $1m Global Teacher Prize in 2014. This year he also pledged to donate at least half of his wealth to charity under the Giving Pledge.

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