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The world’s Arab billionaires revealed
US-based Forbes magazine has released the list of the world’s wealthiest Arabs. The billionaires’ wealth is calculated based on their net worth as of March 2012.
29 Jassim Al Kharafi and family (Forbes rank: 1015) Net worth $1.2bn Age: N/A Source of wealth: Retail, banking Country: Kuwait
28 Ayman Hariri (Forbes rank: 960) New worth: $1.3bn source of wealth: Construction, investments Age: 33 Country: Lebanon
27 Fahad Hariri (Forbes rank: 960) Newt worth: $1.3bn Source of wealth: Construction, inve
26 Mohamed Al Fayed (Forbes rank: 960) Net worth: $1.3bn Source of wealth: Retail Age: 79 Country: Egypt/UK
25 Youssef Mansour (Forbes rank: 854) New worth: $1.5bn Source of wealth: Construction, diversified Age: 66 Country: Egypt
24 Nadhmi Auchi (Forbes rank: 854) New worth: $1.5bn Source of wealth: Real estate Age: 74 Country: UK/Iraq
23 Mohammed Al Rajhi and family (Forbes rank: 854) Net worth: $1.5bn Source of wealth: Steel, banking, industry Age: N/A Country: Saudi Arabia
22 Yasseen Mansour (Forbes rank: 804) Net worth: $1.6bn Source of wealth: Real estate, diversified Age: 50 Country: Egypt
21 Kutayba Al Ghanim (Forbes rank: 804) Net worth: $1.6bn Source of wealth: Transport, diversified Age: 66 Country: Kuwait
20 Bassam Al Ghanim (Forbes rank: 804) Net worth: $1.6bn Source of wealth: Banking, diversified Age: 60 Country: Kuwait
19 Abdulla Al Futtaim ( Forbes rank: 804) Net worth: $1.6bn Source of wealth: Retail, real estate, investments Age: N/A Country: UAE
18 Saad Hariri (Forbes rank: 764) Net worth: $1.7bn Source of wealth: Construction, investments Age: 41 Country: Lebanon
17 Mohammed Mansour (Forbes rank: 764) Net worth: $1.7bn Source of wealth: transport, diversified Age: 64 Country: Egypt
16 Saleh Kamel (Forbes rank: 764) Net worth: $1.7bn Source of wealth: Diversified Age: 70 Country: Saudi Arabia
15 Ayman Asfari (Forbes rank: 719) Net worth: $1.8bn Source of wealth: Oil services Age: 53 Country: Syria/UK
14 Saif Al Ghurair and family (Forbes rank: 634) Net worth: $2bn Source of wealth: Retail, banking, diversified Age: N/A Country: UAE
13 Abdullah Al Rajhi (Forbes rank: 578) Net worth: $2.2bn Source of wealth: Banking Age: N/A Country: Saudi Arabia
12 Mohammed Al Issa (Forbes rank: 578) Net worth: $2.2bn Source of wealth: Investments Age: 87 Country: Saudi Arabia
11 Bahaa Hariri (Forbes rank: 491) Net worth: $2.5bn Source of wealth: Real estate, investments, logistics Age: 45 Country: Lebanon
10 Onsi Sawiris (Forbes rank: 401) Net worth: $2.9bn Source of wealth: Telecoms, consturction Age: 82 Country: Egypt
9 Abdul Aziz Al Ghurair (Forbes rank: 401) Net worth: $2.9bn Source of wealth: Banking Age: 57 Country: UAE
8 Taha Mikati (Forbes rank: 377) Net worth: $3bn Source of wealth: Transport, telecoms Age: 67 Country: Lebanon
7 Najib Mikati (Forbes rank: 377) Net worth: $3bn Source of wealth: Telecoms Age: 56 Country: Lebanon
6 Naguib Sawiris (Forbes rank: 367) Net worth: $3.1bn Source of wealth: Telecoms Age: 57 Country: Egypt
5 Nassef Sawiris (Forbes rank: 199) Net worth: $5.1bn Source of wealth: Construction Age: 51 Country: Egypt
4 Sulaiman Al Rajhi and family (Forbes rank: 169) Net worth: $5.9bn Source of wealth: Banking Age: 92 Country: Saudi Arabia
3 Mohammed Bin Issa Al Jaber (Forbes rank: 133) Net worth: $7bn Source of wealth: Real estate, hotels Age: 53 Country: Saudi Arabia
2 Mohammed Al Amoudi (Forbes rank: 61 Net worth: $12.5bn Source of wealth: Oil, diversified Age: 67 Country: Saudi Arabia
1 HRH Prince Alwaleed Bin Talal Alsaud (Forbes rank: 29) Net worth: $21.3bn Source of wealth: Investments Age: 57 Country: Saudi Arabia nn(Figures from Prince Alwaleed’s private office)
