Wealth masters hail Dubai for churning out millionaires

DUBAI Four globally acclaimed ‘wealth masters’ coming to Dubai next week for a top financial summit have hailed Dubai for its propensity to churn out millionaires.

According to a New World Wealth report, an estimated 2,000 millionaires flocked to Dubai last year, taking their numbers up by five per cent to 42,000 but if you asked experts who will speak at the Millionaire Summit 2016, they will tell you just what makes them dream of Dubai.

Australian best-selling author Pat Mesiti, who will be conducting two sessions at the conference, praised Dubai for its incredible capacity to create and sustain millionaires. “Like any big city, people living here too know how to create opportunities,” he said ahead of the two-day event to be held on April 24 and 25 at The Address, Dubai Marina.

Hi-tech city

“If developing countries can produce millionaires, Dubai with all its technology, its economic ability and its people resource can develop more millionaires many times over,” added Mesiti, best known for his book How to Have a Millionaire Mindset and as an ‘income acceleration’ coach committed to creating ‘10,000 millionaires’ with his work.

Paul O Mahony, another speaker at the summit, told XPRESS that much of Dubai’s success is due to how the world of communication has been revolutionised by social networks over the past few years. “All traditional communication barriers are disappearing, allowing your business to access almost the entire world in its search for clients to serve. With the global positioning of Dubai and the fact that it has become such a hub for international travel, this provides additional unique benefits to anybody interested in running international events as part of their business model,” said the international expert on digital marketing and marketing psychology.

Fellow speaker Mal Emery too has lauded Dubai’s internet phenomena. “So it’s not surprising how ArabNet, a prominent forum for high-tech startups, has shifted its focus to Dubai as a “growing hub for digital business,” said the entrepreneur and author who has won national recognition in Australia for his ‘street smart’ money making strategies.

“The market is now the worldwide web. People from all walks of life all over the world are now making their fortune using the worldwide web as their window to the world and this is so true in Dubai,” added Emery.

Webinar marketing expert Steven Essa who will be addressing the audience on how to generate thousands of dollars live through webinars however put it all down to the ease of starting a business in Dubai. “The government’s policies encourage people to set up businesses,” he said.

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