Shehab Gargash, a jet-setter with feet on the ground
Collecting boarding passes may be an unusual hobby but when you regularly criss-cross the world on business, as the down-to-earth Dubai captain of industry Shehab Gargash does, it makes more sense. And he has plenty of opportunity to add to his hoard, writes Farah Halime
Most people collect postcards as mementos of their travels, but Shehab Gargash has a fondness for boarding passes.
Although Mr Gargash, a member of one of the world's wealthiest Arab families, insists these are not all first-class tickets, it is safe to assume he could travel in luxury every time.
He is part of the well-oiled engine behind Gargash Enterprises, the car dealership and sole distributor of Mercedes-Benz across Dubai, Sharjah and the Northern Emirates, which last year accounted for a quarter of the German luxury brand's sales in the Middle East and GCC region.
The Gargash family, believed to have a net worth of almost US$5 billion (Dh18.36bn), has topped many a rich list. The latest one puts the clan in the top 15 of Business Insidermagazine's list of the "world's rich Arab businessmen".
But Mr Gargash has a second love in Daman Investments, a financial services firm he set up 13 years ago as Daman Securities, which has quietly but quickly grown to handle more than Dh5bn in assets under management.
The money does not stop him being sentimental about his regular trips throughout the world.
"I've never admitted this to anyone, but I sometimes sit with my boarding passes and remember particular journeys or particular occasions," says Mr Gargash.
He stretches out his arms to show the size of a box he owns that contains his boarding passes and associated memories.
These flights have also become a source of refuge for Mr Gargash from his hectic day-to-day life.
"I am always working and I actually cherish the little windows of nothing time that I have," he says. "I literally close my mind; I enjoy the six hours on an aeroplane doing nothing. Somebody would enjoy reading a book, or watching a movie, I actually just enjoy staring at the seat in front of me, it's a little simplistic," he says laughing, adding a flight is like "free spa treatment".
While his hoard of old boarding passes holds a special place in his heart, Mr Gargash has another collection with a broader appeal evidenced by the contemporary Middle Eastern art he has hanging in the offices of Daman Investments.
As a supporter of the arts, he launched a Middle East art fund in 2008 and although Mr Gargash says this was triggered by his interest in art, he admits the art fund "is not going to make or break the company".
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