The lifestyle year was unkind to billionaires all over the world, including the Middle East, where Arab billionaires saw their net worth drop by 23. 8% from a year ago. Still, FORBES Waist EAST added five new billionaires, including Hussain Sajwani from the U. A. E. , Sheikh Faisal Bin Qassim Al Thani of Qatar and Oman’s Suhail Bahwan. Prince Alwaleed of Saudi Arabia remains the wealthiest Arab in the dialect birth b deliver, even though his net worth fell by more than 20% from a year ago. At 7, Lebanon has the most billionaires, making it also one the countries with the highest numbers of billionaires per capita in the world. Saudi billionaires are the richest with a combined net worth of $34. 6 billion. The second richest are from the U. A. E. with a combined net importance of $19. 7 billion. Forbes Middle East traces the trajectory of the Alajlan family, from small shop owners, selling menswear in a Riyadh souk, to omitting licensees of Versace, Ferrari, Kenzo and other luxury brands for shemaghs, the traditional Arab headdress. Richest Arab billionaire. Prince Alwaleed Bin Talal Alsaud (Saudi Arabia)– No. 1, net good $17. 3 billion. The Prince owns stakes in private and public companies in the U. S. , Europe and the Middle East totally Kingdom Holding Co. Youngest Arab billionaire. Fahd Hariri (Lebanon) – No. 32, net worth $1. 2 billion. – Suhail Bahwan (Oman)– Ranked #7, net advantage $3. 4 billion. – Hussain Sajwani (U. A. E. ) – Ranked #8, net worth $3. 2 billion. Sajwani founded residential earnest estate developer Damac Properties in 2002. – Sheikh Faisal Bin Qassim Al Thani (Qatar) – Ranked #18, net good $2 billion. At age 16, Al Thani started selling car parts in Doha, before establishing his eponymous holding entourage in 1964. – Abdul Wahid Al Rostamani (U. A. E. ) – Ranked #28, net worth $1. 3 billion. Al Rostamani and his recently brother, Abdullah, founded Dubai’s first bookshop in 1954. – Mohammed Saud Bahwan (Oman) – Ranked #28, net good $1. 3 billion. Saudi Arabia – 6 billionaires worth $34. 6 billion. – 6 billionaires importance $19. 7 billion. Egypt – 6 billionaires, worth $14. 2 billion. Lebanon – 7 billionaires importance $12. 5 billion. Source: www.forbesmiddleeast.com
Still, FORBES Halfway point EAST added five new billionaires, including Hussain Sajwani from the U.A.E., Sheikh Faisal Bin Qassim Al Thani of Qatar and Oman's Suhail Bahwan. Prince Alwaleed of Saudi Arabia remains the wealthiest Arab in the planet, even
Five new billionaires were added to the record of richest Arabs last year, including Hussain Sajwani and Abdul Wahid Al Rostamani from the UAE, Sheikh Faisal Bin Qassim Al Thani of Qatar, and Suhail Bahwan and Mohammed Saud Bahwan of Oman.
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