According to data from Forbes magazine, he has firmly established himself as the richest resident of the United Arab Emirates. Durov currently holds the 150th spot on Forbes' Real-Time Billionaires list with an impressive net worth of $11.5 billion ( around Rs 95,000 crore).
Dubai, a centre of lavishness and opulence, has developed into a hub for businesspeople worldwide. This remarkable development only strengthens Dubai's standing as a city for the richest people in the world. Pavel Valeryevich Durov, known as the Russian Mark Zuckerberg and the creator of the popular instant messaging service "Telegram," is one such well-off individual in Dubai.
According to data from Forbes magazine, he has firmly established himself as the richest resident of the United Arab Emirates. Durov currently holds the 150th spot on Forbes' Real-Time Billionaires list with an impressive net worth of $11.5 billion (around Rs 95,000 crore), which is attributed to his ownership of Telegram.
Who is Pavel aka Rusian Mark Zuckerberg?
Russian-born 38-year-old, who graduated from St. Petersburg University in 2006, founded the social media platform VKontakte. The Russian company amassed more than 100 million users under his direction.Durov moved around a lot for a while Telegram was being developed, but in 2017, he finally made Dubai his permanent home, in part because of the UAE's generous tax laws.
Durov's new residence, which is located within the recognisable Jumeirah Islands, exemplifies an extravagant lifestyle. The Jumeirah Islands in Dubai, which are renowned for their luxurious real estate and stunning architecture, draw the wealthiest members of society.
Inside lavish home of UAE's richest man
Pavel Durov's new residence is a five-bedroom villa with an impressive 15,000 square feet of space. The entrepreneur reportedly pays $1 million in rent annually, or roughly $85,000 per month, for such opulence. A billionaire of Durov's stature would be well-served by this magnificent villa, which is a reflection of Dubai's taste for elegance and opulence.
READ | Meet IIM graduate who built Rs 22000 crore business, know his connection with Azim Premji
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