Muslims are often taken as the historic champions Where they are either signified with the Mughal emperors or with the religious identities but as a matter of fact there are some of the terrific Muslims who have applied the extremly correct formulas in business. Have a look at the top 10 richest muslim businessmen in the world.
Prince Al-Waleed Bin Talal Alsaud
NET WORTH: $21.8 BILLION
Prince al Waleed bin Talal is the founder and CEO of the well-known Investment firm Kingdom Holding Company, which is a Forbes Global 2000 company. His company has investments in banking, hotels, mass media, and entertainment, petroleum and technology sectors.
He is also the largest individual shareholder in Citi group and owns the Four Seasons Hotel George 5 in Paris, and these are just the major business ventures! Other business ventures include investments in Apple Inc. Motorola, Fox Broadcasting, Euro Disney Sac and Fairmont Hotels and Resorts .
NET WORTH: $ 16.4 BILLION
Azim Hashim Premji is the chairman of the Wipro Limited, which was initially a 2 million $ hydrogenated cooking fat company but under the leadership of Premji turned into a 7 billion $ IT, BPO and R & D services organization. This company is the major source of his wealth.
He has twice been listed among the 100 most influential men in time magazine and among the 20 most powerful men in the world by Asiaweek.
Mohammed Al Amoudi
NET WORTH: $13 BILLION
The Arabian/Ethopian businessman started his career in construction and real estate, made a fortune, and later diversified his business to oil refineries in Sweden and Morocco. A large chunk of his business is to be found in two conglomerate holding and operating companies namely Corral Petroleum Holdings and MIDROC.
He has also invested heavily in gold mines and oil refineries in Ethopia and acquired 63% of the sole tire manufacturer of Ethopia (Addis Tyre) and has invested substantially in cement production.
NET WORTH: $8.2 BILLION
The Uzbek born Russian businessman got his first business position in Trans-World Group which was the largest metal trader in Russia. From 1991 to 1996 he served as deputy marketing director and CEO in JSC Alice, Industrial-Financial Company Meta Service and Ai respectively.
Now he is the main owner of UGMK Holding which is the fourth largest non-ferrous metallurgical company in Russian and second largest copper producer in terms of output.
Mohammad Bi Essa Al Jaber
NET WORTH: $ 7 BILLION
He is the chairman and CEO of MBI International and Partners. This group comprises of JW Hotels and Resorts, AJWA Group of food industries, Jadawel International and Continent Oil.
He is also known for his philanthropy through MBI Al Jaber Foundation.
NET WORTH: $ 6.2 BILLION
The worlds 6th richest Muslim man also happens to be a Russian politician and a controversial businessman even by regular standards. He is often referred to as “Russia’s riches civil servant”.
He started his career as an accountant in at the Eltav electrical plant in Russian and eventually rose to the position of Deputy Director General. Later he was appointed to head the banking and trading company Soyuz-Finans, where he orchestrated several high profile corporate raids, including the takeover of Smolensky Passazh, a business center, and AvtoBank
By 1997, Kerimov had built a 50% stake in Vnukovo Airlines enabling him to take over Fed prom bank, and buying out his partners’ shares, hence acquiring his fame as a controversial businessman.
NET WORTH: $ 3.2 BILLION
Najib Mikati acquired a major portion of his wealth from the telecom company Investcom which he owned in partnership with his brother Taha Mikati. He sold the company in 2006 to MTN a South African group. For 5.5 billion.
He is also the richest man in Lebanon.
Syed Mukhtar Al Bukhari
NET WORTH: $2.4 BILLION
This billionaire from Malaysia has a diversified business which includes power generation, transportation and logistics, property development, defense and armory. He also owns 52 % of the Malaysian Mining Company. It is noteworthy that the billionaire started his business from rice trade!
Sulaiman Al Rajhi
NET WORTH: $ 2 BILLION
He is the chairman of Al- Rajhi bank which is one of the biggest companies in Saudia Arabia and the largest Islamic Bank.
He is well known for his philanthropy which includes dedicating half his fortune to charity, starting an Islamic bank and various other projects.
Abdul Aziz Al Ghurair
NET WORTH: $1.8 BILLION
He is currently the head of Mashreq Bank and was appointed as the CEO of Mashreq Group in 1990.Since then he has led the bank into becoming a world class financial instution. During his 17-year tenure the bank’s assets have risen to 72.6 billion as of June 20. Abdul Aziz Al Ghurair is also the Chairman of Al Ghurair Investment LLC, a diversified industrial group.