We have been sharing a great deal of rich lists with our readers as a motivation. Whether it be the richest Americans or the Africans, the richest Arabs in the world hold significant importance in the wealthy world where they enjoy being the owner of some decent Billions.
Let us know more about the top 10 richest Arabs in the world as per the statistics revealed in 2013!
Have a look!
1)Al-Waleed bin Talal- ksa
Total Fortune: $27 billion
You must have heard about the next tallest building, The Kingdom Tower, which is going to build by the Kingdom Holding Company pretty soon, Al-Waleed bin Talal is the owner and CEO of the Company. He is the 26th richest man in the world and the world’s foremost value investor. The son of a Prince used to run away from home but he could not run away from his activities as an investor. He loves into almost everything, AOL, News Corporation, Apple Inc., Motorola, Fox News and other media companies.
2)The Olayan Family- ksa
Total Fortune: $13 billion
The owners of a multibillionaire well respected firm in the Gulf, The Olayan Group that owns more than 50 companies with huge stakes in multinationals companies. The founder of the company, Suleiman Olayan played a key role in developing Saudi Arabia’s earliest electrical power companies and founded the first National Gas Company.
3)Muhammed Hussein Alamoudi
Total Fortune: $12.3 billion
The richest person of Ethiopia is the 63rd richest person in the world who loves to invest into everything and so he is said to be the largest foreign investor in Ethiopia and Sweden. He build his fortune in rea estate and construction before getting hands onto oil refineries in Morocco and Sweden. He owns refineries, mining sites, hotels, hospitals, etc employing over 40,000 people through his Corral Petroleum Holdings and MIDROC. He is the first one to finance a factory to build Saudi Arabia’s first car, Gazal-1.
4)Sawiris Family- Egypt
Total Fortune: $11.2 billion
The Egyptian tycoon Naguib Sawiris, whose family takes care and control the sprawling Orascom Coporate Empire- providing more than 100,000 Egyptians with jobs, have hands on technology, industries, tourism, telecommunication and construction, unloading billions of profit. He has invested into Egypt’s main mobile phone company, Mobonil, and spread it across Algeria, Pakistan, Tunisia, North Korea and even Bangladesh.
5)Al-Kharafi Family – Kuwait
Total Fortune: $8.6 billion
The family run’s the Middle East largest trading firm and no doubt is wealthy. The son, Nasser was listed by Forbes as one of the richest people in the world. Nasser is the chairman of a MAK Group, a pillar of Kuwait economy has real estate development projects, which are the main reason behind the big money.
6)Bin Laden Family – Ksa
Total Fortune: $8.1 billion
The family that has ties with every Saudi royal family has brought to headlines due to one of its member, the former head of Al-Qiada. They owns the largest construction firm in the world, who are assigned with major renovation projects of Mecca from where he made his real fortune from exclusive rights to all mosques and other religious building construction. The family owns Saudi Binladin Groiup, an oil and equity management conglomerate grossing $2 billion annually. Last year they won the deal to to construct Prince Alwaleed’s Kingdom Tower and the expansion of King Abdulaziz International airport in Jeddah.
7)Soudi Khouri (right)
Total Fortune: $6.5 billion
The governor of Arab’s Monetary Fund and the major share holder in the Arab’s Palestinian Investment Company. She was the First Arab to found the construction company, Consolidated Contractors International Company, that built landmarks, spending from Iraq’s Abu Gharib prison to the Ronald Reagan National Airport in Washington D.C.
8)Mohammed Al Jaber
Total Fortune: $7 billion
It wasn’t just the overnight plan that he became richest, there were many night when he dreamt about new ways to raise himself. He founded the Jadawel International Construction & Development that was declared as 17th largest privately owned company within twelve years of its existence. H is now the owner of more than leisure resorts and 60 hotels in Middle East and Europe.
9)Abdulaziz Al Ghurair
Total Fortune: $6.4 billion
The CEO of Mashreqbank, the cornerstone of his empire, which he started from a scratch with $1.6 million, is now the country’s fourth largest bank by asset. His bank was the first to introduce ATM machines and credit Cards to the emirates. He is also the former speaker of UAE;s Federal national Council..
10)Kanoo Family – Bahrain
Total Fortune: $6.25 billion
Its been 120 years now since the existence of the Kanoo Group, the biggest family firm in Bahrian which has grown from its easy trading and shipping tactics. He employ over 4000 staff, with another 6000 employed in its various joint venture operation.