William Gates III has built an empire worth $56 billion around Microsoft. It’s the thirteenth year Gates has been the world’s richest man. The Harvard dropout now has more than half of his net worth is invested outside Microsoft. Strange fact about Gates: he lives in Medina in the United States, the Arabic word for ‘city’, and the name of one of Islam’s holiest cities in Saudi Arabia.
Backed by a Saudi sovereign wealth fund, Mohamed Alabbar is set to transform the region’s e-commerce market with the launch of Noon.com. He tells Arabian Business how he plans to conquer and dominate an industry that will be worth $70bn within the next decade.