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.
Image Credit: GN Archives
Image Credit: WikiCommons
Image Credit: GN Archives
Image Credit: GN Archives
Image Credit: GN Archives
