Each year Forbes Magazine comes out with their 'World's Billionaires List.' This is the most eagerly awaited and respected "Rich List" in the world. This year Forbes found 1125 Billionaires! I have been following this list since it first came out in 1987 and there is nothing else like it. Forbes really does an amazing job finding these Super Rich people. I have gone through the entire list and here, according to Forbes, are the Arabian Billionaires- followed by how much they are worth:
1.) Prince Alwaleed Bin Talal - Saudi Arabia - $21BIL
2.) Nasser Al-Kharafi & Family - Kuwait - $14BIL
3.) Naguib Sawiris - Egypt - $10BIL
4.) Mohammed Al Amoudi - Saudi Arabia - $9BIL
5.) Abdul Aziz Al Ghurair & Family - UAE - $8.9BIL
6.) Maan Al-Sanea - Saudi Arabia - $8.1BIL
7.) Sulaiman Al Rajhi - Saudi Arabia - $7.4BIL
8.) Mohammed Al Bin Issa Al Jaber - Saudi Arabia - $5.3BIL
9.) Onsi Sawiris - Egypt - $5BIL
10.) Saleh Al Rajhi - Saudi Arabia - $4.7BIL
11.) Nassef Sawiris - Egypt - $3.9BIL
12.) Saleh Kamel - Saudi Arabia - $3.5BIL
13.) Abdullah Al Raji - Saudi Arabia - $3.2BIL
14.) Khalid Bin Mahfouz & Family - Saudi Arabia - $3.1BIL
15.) Abdulla Al Futtaim - UAE - $3BIL
16.) Majid Al Fattaim - UAE - $3BIL
17.) Saif Al Ghurair & Family - UAE - $2.8
18.) Khalaf Al Habtoor - UAE - $2.5BIL
19.) Saad Hariri - Saudi Arabia - $2.3BIL
20.) Najib Mikati - Lebanon - $2.3BIL
21.) Taha Mikati - Lebanon - $2.3BIL
22.) Mohammed Al-Bahar - Kuwait - $2.1BIL
23.) Bassam Alghanim - Kuwait - $1.6BIL
24.) Kutayba Alghanim - Kuwait - $1.6BIL
25.) Ayman Hariri - Saudi Arabia - $1.6BIL
26.) Mohammed Al Rajhi - Saudi Arabia - $1.6BIL
27.) Samih Sawiris - Egypt - $1.5BIL
28.) Sulaiman Algosaibi - Saudi Arabia - $1.4BIL
29.) Said Khoury - Palestine - $1.2BIL
30.) Hasib Sabbagh - Palestine - $1BIL
Forbes never claims to find all the world's Billionaires, and they usually exclude Royalty from their list - Prince Alwaleed is the exception - and stick mainly to business people. In order to give you the most complete list of Arabian Billionaires available, I will now list those Arab Billionaires in the ArabianBusiness.com '50 Richest Arabs List' that, for one reason or another, did NOT appear on the Forbes list. Here they are:
- Bin Laden Family - Saudi Arabia - $8.5BIL
- Olyan Family - Saudi Arabia - $7.2BIL
- Kanoo Family - Bahrain - $6.1BIL
- Gargash Family - UAE - $5BIL
- Al Shaya Family - Kuwait - $5BIL
- Mahdi Al-Tajir - UAE - $4.1BIL
- Mohamed Abdul Latif Jameel - Saudi Arabia - $3.1BIL
- Shwan Al-Mulla - Iraq - $3BIL
- Nadhmi Auchi - Iraq - $2.8BIL
- Al Zamil Family - Saudi Arabia - $2.8BIL
- Issam Fares - Lebanon - $2.4BIL
- Hussain Sajwani - UAE - $2.4BIL
- Sheikh Walid Al Ibrahim - Saudi Arabia - $2.3BIL
- Mohammed Shafik Gabr - Egypt - $2.2BIL
- The Al Rostamani Family - UAE- $2.1BIL
- Omar Ayesh - UAE - $2.1BIL
- Boodai Family - Kuwait - $1.85BIL
- Shoman Family - Palestine - $1.8BIL
- Tareq Sultan - Kuwait - $1.7BIL
- Al Tayer Family - UAE- $1.65BIL
- Munib Masri - Palestine - $1.62BIL
- Ziad Manasir - Jordan - $1.5BIL
- Fayez Sarofim - Egypt - $1.5BIL
- Nemir Kirdar - Iraq - $1.4BIL
- Galadari Family - UAE - $1.32BIL
- Sheikh Suleiman Bin Abdul Aziz Al Majed - Saudi Arabia - $1BIL
- Saaeb Nahas - Syria - $1BIL
- Ahmed Ezz - Egypt - $1BIL
WOW!! Now you have what I believe to be the MOST COMPLETE LIST OF ARAB BILLIONAIRES AVAILABLE ANYWHERE - though no doubt there are more that nobody has discovered yet! I have listed ALL the Arab Billionaires from BOTH the Forbes list AND the ArabianBusiness.com list-- and believe me, most of these Super Rich Arabs are either directly or indirectly involved in the Mega Projects!
Please Note: The net worths given after each Billionaire are the best estimates that Forbes and ArabianBusiness.com could come up with and thus should not be considered 100% accurate 100% of the time. The net worth of these individuals can change rapidly. For example, ArabianBusiness.com has Prince Alwaleed's net worth listed as $29.5BIL on their '50 Richest Arabs List,' which came out December 2, 2007. However now, just a little more than 3 months later, Forbes estimates his wealth at "only" $21BIL. This is beacause The Prince has huge investments in Citigroup and other stocks that have been getting destroyed in the USA stock market. Therefore in 3 months The Prince has lost an astounding $8.5BIL!!! This illustrates how fast the wealth of the Billionaires can change.
Friday, March 7, 2008
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