Other StuffPublished:

A list of Arab billionaires is unveiled by Forbes Middle East

by


The Arabs, with their expansive date tree fields and oil wells, are quite popularly wealthy. However, considering the oil price hikes the last year alone, it’s little surprise when reports suggest that 36 Arab billionaires grew richer by $3.7 billion (Dh13.58 billion) at $121.3 billion (Dh445 billion) as compared to $117.6 billion in the previous year. The Saudi prince Alwaleed Bin Talal Alsaud continues to reign supreme with an $18 billion fortune despite losing a bit of wealth. Closing in on the list is Lebanese-Brazilian billionaire Joseph Safra who is worth $13.8 billion.

Also read -  From Jeff Bezos to Walmart heiress Nancy Walton to the Abu Dhabi royals, billionaires just cannot get enough of the Mediterranean as a record number of them sailed with their superyachts to the sunkissed paradise last month.


In the latest Forbes Middle East’s Arab billionaires, Saudi Arabia and Lebanon saw the maximum number of billionaires at eight. Egypt managed to bring forth seven billionaires, while UAE featured four. This year, Morocco made a grand entrance with three billionaires: Miloud Chaabi, Othman Benjelloun, and Anas Sefrioui. Chaabi features on the 10th position, with a $2.9 billion fortune.
[Emirates 247]

Tags from the story
, ,
kamakshi
Written By

You may also like

You woke up a billionaire tomorrow morning; according to Redditors these are the 15 most pointless things to splurge on.
As per the Gibraltar Supreme Court ruling, Russian oil billionaire’s seized $75 million superyacht may be sold for crumbs. Axioma boasts six decks, an infinity pool, and a cinema.
If their private jets and yachts were not enough – Hampton billionaires are now called out for using millions of gallons of water at their sprawling estates – Each Hampton mansion uses around 100 times more water than an average American home.
The most stunning features of Bernard Arnault’s $150 million superyacht – Known as the Louis Vuitton boss’ summerhouse on the sea, the vessel is longer than two Olympic sized swimming pools it has glass walled corridors, an infinity pool, DJ booth and a video wall.
A teenager’s Croc brings down Middle East’s most expensive chandelier
From Melania Trump and Donald Trump to Victoria’s Secret angel Miranda Kerr and Snapchat CEO Evan Spiegel – Here are 10 supermodels who married billionaires and found lasting love.
From a Texas ranch four times the size of Manhattan where he launches rockets from to a stunning waterfront estate in Miami and more. Jeff Bezos may have the most diverse property portfolio, but all his real estate is still worth less than his Koru superyacht and its support vessel.
Meet Dasha Zhukova the ex-wife of Roman Abramovich – The fashionista has appeared on the cover of Vogue Russia, a suave businesswoman who is friends with the Trump’s and is all set to open uber-cool residential buildings in NYC and Philly.
Jeff Bezos was a fry cook at McDonald’s, Buffet delivered newspapers, Michael Bloomberg was a parking assistant – The humble odd jobs of self-made entrepreneurs before they made their billions