10 richest Arabs in the world 2016

Here are the 10 richest Arabs in the world

Last updated: September 15, 2018 | 22:04

Dona Cherian, Guides Writer

3 MIN READ

Here are the top ten richest Arabs in the world as per the Forbes 2016 report released recently.

1. Prince Al Waleed Bin Talal Alsaud

Net worth US$ 17.3 billion (around Dh63.5 billion)

Age 61

Nationality Saudi Arabian

Areas of operation Public and private business investments and real-estate holdings

2. Mohammed Al Amoudi

Net worth US$ 8.3 billion (around Dh30.4 billion)

Age 69

Marital status Married with eight children

Nationality Saudi Arabian

Areas of operation Construction, agriculture, oil refining, gold mining and varied businesses. His agricultural firm Saudi Star Agricultural Development exports coffee beans to Starbucks and tea leaves to Lipton.

3. Majid Al Futtaim

Net worth US$ 5 billion (around Dh18.3 billion)

Marital status Married

Nationality Emirati

Son Tariq Al Futtaim

Areas of operation Real estate and retail outlets including Mall of the Emirates and Carrefour

4. Abdulla Bin Ahmad Al Ghurair and family

Net worth US$ 4.9 billion (around Dh18 billion)

Brother Saif Ahmad Al Ghurair, head of Al Ghurair Group

Son Abdul Aziz Al Ghurair, CEO of Mashreqbank and chairman of Al Ghurair Investment

Nationality Emirati

Areas of operation Finance, retail, varied business investments

5. Nassef Sawiris

Net worth US$ 3.7 billion (around Dh13.58 billion)

Age 55

Marital status Married with four children

Nationality Egyptian

Areas of operation Construction, cement, power plants and investments in varied businesses

6. Prince Sultan Bin Mohammed Bin Saud Al Kabeer

Net worth US$ 3.4 billion (around Dh12.48 billion)

Age 62

Marital status Married

Nationality Saudi Arabian

Areas of operation He is the founder of Almarai group and also has other diversified business interests. He is a member of Saudi royalty.

7. Suhail Salim Bahwan

Net worth US$ 3.4 billion (around Dh12.48 billion)

Brother Late Shaikh Saud Salim Abdullah Bahwan Al Mukahini

Nationality Omani

Areas of operation Automotive, construction, oil and gas services and other diversified businesses

8. Hussaini Sajwani

Net worth US$ 3.2 billion (around Dh11.7 billion)

Age 63

Marital status Married

Nationality Emirati

Areas of operation Founder of real estate firm Damac and also has investments in food service outlets

9. Abdulla Al Futtaim

Net worth US$ 3.1 billion (around Dh11.38 billion)

Marital status Married

Brother Majid Al Futtaim

Nationality Emirati

Areas of operation Owns Al Futtaim Group which is run by son Omar. The group has exclusive distribution rights to Toyota and Honda in the UAE and has franchises of Ikea, Toys “R” Us and Marks and Spencer which anchor retail outlets.

10. Issad Rebrab

Net worth US$ 3.1 billion (around Dh11.38 billion)

Age 72

Marital status Married with five children

Nationality Algerian

Areas of operation Food industry including sugar refineries, and production of oil and margarine.

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