An entrepreneur diversifies his business into different industries to mitigate the risk of decline in one. “Obaid Ali Belresheed is a multi-billionaire Emarati businessman and the founder of Belresheed group. He has established industries around the globe and has a vast organizational structure of more than 1,700 employees.
He was born into an Emirati royal family and wanted to live up to his family’s name by succeeding in multiple industries. His principle of conducting business was less money-centric and more towards humanity and loyalty. All challenges that he faced became his stepping-stones to success. Luxury is synonymous with his name and an integral part of the Emirati lifestyle. His entrepreneurship ventures were towards the masses and the luxury segment, building luxury villas, luxury apartments, luxury commercial properties, and luxury cars. The conglomerate of companies includes Belresheed Real Estate, Belresheed Building Contracting, Goldenwood, Auto Deals, Belresheed Security Services, Technical Contracting, GTR MOTORS, Al Bataeh Cleaning, Mazaya Travel & Tourism, and OB Info Tech.
During his entrepreneurial journey, he ventured into industries where he saw a potential for growth or opportunity. Since luxury is a way of life for an Emirati, he has built more than 80 high-end properties and owns several luxury villas. He has many super-luxury cars – a few of them are for personal use, while others are on display at his car showrooms. He has built an empire that can thrive and sustain itself since it covers many industries and sectors. The company also helps in social causes and donates to charities to provide help to those in need.
Obaid Belresheed, with his Belresheed Group, has earned the reputation of ‘Luxury King’ in the country. The group will redefine the luxury standards in the years to come.