The World’s Richest Arabs – A Compilation of Arab Billionaires from the Middle East
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Hashim Sheikh
- . November 28, 2022
- . Update: November 28, 2022 8:12 pm
The Middle East is home to some of the wealthiest people in the world, with many billionaires and multimillionaires living in this area.
The Top 10 World’s Richest Arab Billionaires
This list will provide you with a look at 10 of the wealthiest Arabs in this region, as well as their net worth. These individuals are ranked by their net worth, from lowest to highest.
1) Hisham Al Bahar
2) Abdul Aziz Al Ghurair
3) Mohammed Al Amoudi
4) Majid Al Futtaim
5) Mohamed Bin Issa Al Jaber
6) Saleh Abdullah Kamel
7) Sulaiman Olayan
8) Saad Hariri
9) Khaled Mohieddin
10) Majid Al
The Top 3 World’s Richest Arab Princes
1. Prince Al-Waleed bin Talal bin Abdulaziz Alsaud ($18 billion)
Prince Al-Waleed bin Talal bin Abdulaziz Alsaud is the wealthiest man in Saudi Arabia. His net worth is $18 billion.
He was born on 7 March 1955, and is the 31st richest person in the world with an estimated net worth of US$18 billion as of January 2019.
He is one of the five children of King Talal who ruled Jordan from 1952 to 1953 and Saudi Arabia from 1962 to 1975, before being deposed by a palace coup.
2. Prince Mohammed Bin Nawaf Bin Abdulaziz Al Saud ($10.7 billion)
Prince Mohammed Bin Nawaf Bin Abdulaziz Al Saud is a member of the Saudi royal family. He is the son of former Saudi King Abdullah bin Abdulaziz and his third wife, Jawahir bint Tariq Al-Suwaidi.
Prince Mohammed was born in 1974 and is married to Sarah bint Mashhoor bin Hassan.
3. Prince Al Waleed Bin Talal Bin Abdul Aziz ($19.4 billion)
Prince Al Waleed Bin Talal Bin Abdul Aziz, also known as Alwaleed bin Talal, is the chairman of Kingdom Holding Company. He is among the world’s wealthiest people with a net worth of $19.4 billion as of July 2017.
In addition to his investments, he owns a 7% stake in News Corporation. He also owns stakes in Apple Inc., Time Warner Inc., Citigroup Inc., and Twitter Inc.
Read | Top Arab Gamers & Streamers In 2022
How Much of the Wealth on Earth Does the Arab World Possess?
In this article, we looked at the Arab world’s economic growth in the last decade and examined how much of the world’s wealth it possesses. The Arab world has been through a lot of turmoil in recent years.
From the Arab Spring to civil wars and terrorist attacks, there is a sense that things are not looking good for this region. But when it comes to wealth, is the Arab world really doing as badly as people think?
What Industries Are Arab Countries Dominating?
The Arab world is a region that is home to some of the most powerful economies in the world. It has been at the forefront of innovation in science and technology. The Arab countries has also been at the forefront of developing new industries and sectors.
3 Top Domainating Industries in Arab countries:
1. Aerospace industry
The Arab world has been a leader in this industry for over a century, with Airbus being one of the leading companies in this sector.
2. Automobile industry
The Arab region is home to many luxury car brands, such as Audi and Mercedes-Benz, which have their headquarters in Germany but produce cars for export from countries like Saudi Arabia.
3. Medical Industry
One example is Dubai Healthcare City, which comprises 75% of all medical care facilities in Dubai and employs more than 40% of Emirati nationals who work in healthcare professions.
Conclusion: The Economic Power & Influence of Arab Countries
With the Arab countries being the major producers of oil and natural gas, they have a huge impact on the world economy. They are also emerging as a major player in global trade.
The economic power and influence of Arab countries has increased in recent years, largely due to the increase in oil prices. These countries are now among the top 10 biggest economies in the world, and their GDP is expected to grow by 3% in 2020.
