Kabir Mulchandani’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2024 | $2 billion | Forbes World's Billionaires List 2024 |
| 2025 | $2.2 billion | Forbes World's Billionaires List 2025 |
| 2026 | $2.2 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $2.2 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Kabir Mulchandani’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Kabir Mulchandani has an estimated net worth of $2.2 billion, according to Forbes Real-Time Billionaires, Kabir Mulchandani profile (figures as of October 20, 2026). That is up from $2 billion in 2024.
Kabir Mulchandani is an Indian-born real estate and hospitality businessman who leads Dubai-based FIVE Holdings. He is the chairman and chief executive of the company, which owns and operates luxury hotels and also The Pacha Group. Before building that business, he worked at Baron International and Baron Electronics, two family-owned firms in Mumbai focused on consumer electronics distribution and sales.
His wealth is tied to real estate and hospitality deals built through FIVE. He founded the business in 2011 as SKAI Holdings, then renamed it FIVE in 2017. The company owns luxury party hotels and resorts in the Middle East, Spain and Switzerland. In November 2023, FIVE Holdings acquired Pacha Group for $330 million, adding hotels and nightclubs in Ibiza. Forbes' real-time billionaires tracker put his net worth at $2.2 billion on October 20, 2026.
How Kabir Mulchandani built his business
Mulchandani started in his family's consumer electronics companies in Mumbai, then moved into property investment after relocating to Dubai in the early 2000s. In 2011, he founded SKAI Holdings as a real estate investment firm. That business later became FIVE, the company he leads today. Its assets sit in real estate and hospitality, with luxury hotels and resorts forming the core of the group.
Over time, FIVE expanded beyond hotel ownership into a broader lifestyle and entertainment model. In 2017, the company adopted the FIVE name. In November 2023, it bought Pacha Group for $330 million, bringing in hotels and nightclubs in Ibiza. The company also drew attention in 2021 when Mulchandani and FIVE purchased the first ACJ TwoTwenty from Airbus and Comlux Group in Switzerland, linking aviation with the brand's hospitality push.
Forbes wealth estimate and money picture
Forbes tracks Mulchandani in real estate, and his fortune is connected to FIVE Holdings and its hotel and resort portfolio. Forbes estimated his net worth at $2 billion on the World's Billionaires List 2024. By the World's Billionaires List 2025, that estimate had risen to $2.2 billion. Those figures line up with the growth of a business that owns luxury properties across several markets.
The latest public marker in the Forbes data keeps him at the same level. Forbes' real-time billionaires tracker showed $2.2 billion on October 20, 2026. The business context around that valuation includes FIVE's ownership of luxury party hotels and resorts in the Middle East, Spain and Switzerland, plus the November 2023 Pacha Group deal. Forbes also noted plans to take FIVE public on the Dubai stock exchange in 2025.
Career and money timeline
- 2011
He founded SKAI Holdings in Dubai as a real estate investment firm.
- 2017
He changed the company's name from SKAI to FIVE.
- 2021
He and FIVE bought the first ACJ TwoTwenty from Airbus and Comlux Group.
- 2023
FIVE acquired Pacha Group for $330 million in November.
- 2025
Forbes noted plans to take FIVE public on the Dubai stock exchange.
Kabir Mulchandani net worth FAQ
What is Kabir Mulchandani's net worth?
Kabir Mulchandani's net worth is an estimated $2.2 billion, according to Forbes Real-Time Billionaires, Kabir Mulchandani profile (October 20, 2026). It is an estimate, not an official figure.
How did Kabir Mulchandani get so rich?
The main sources named in the reporting we cite are: Real estate.
Is Kabir Mulchandani a billionaire?
Yes. Forbes Real-Time Billionaires estimates Kabir Mulchandani is worth $2.2 billion.
How has Kabir Mulchandani's net worth changed?
The earliest published estimate we track is $2 billion (2024, Forbes World's Billionaires List 2024). The latest is $2.2 billion (October 20, 2026).
What company is Kabir Mulchandani best known for?
He is best known for FIVE Holdings, the Dubai-based real estate and hospitality company he leads. He founded it in 2011 as SKAI Holdings and renamed it FIVE in 2017.
What kinds of assets drive his wealth?
His wealth is tied to real estate and hospitality. FIVE owns luxury party hotels and resorts in the Middle East, Spain and Switzerland, and it added Pacha Group in 2023.
Sources
- Forbes Real-Time Billionaires, Kabir Mulchandani profile (October 20, 2026)
- Forbes World's Billionaires List 2024, Kabir Mulchandani profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Kabir Mulchandani profile (April 2025)
- Forbes World's Billionaires List 2026, Kabir Mulchandani profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Kabir Mulchandani (accessed October 22, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.