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Sun 18 Dec 2011 10:37 AM

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AB Rich List: the year's biggest gainers revealed

The world's 50 richest Arabs have defied the global economic woes to build their wealth in 2011

AB Rich List: the year's biggest gainers revealed
Kuwait-based Al Kharafi family's wealth is estimated to be worth $8.7bn. This is a 6.09% rise over last year (above) Badr Al Kharafi
AB Rich List: the year's biggest gainers revealed
\With a substantial recent cash injection into his group, Mohammed bin Issa Al Jaber’s total wealth has now risen to $12.75bn. This has risen 6.25% from $12bn last year
AB Rich List: the year's biggest gainers revealed
Issam Alzahid is the chairman of the Alzahid Group of Companies. His estimated wealth grew 7% this year - from $10bn to $10.7bn
AB Rich List: the year's biggest gainers revealed
Bahaa Hariri's wealth is estimated at around $3.35bn, a rise of 11.67% over last year ($3bn)
AB Rich List: the year's biggest gainers revealed
Adel Aujan's wealth is estimated at $3.25bn (12% increase over last year). On Dec 14, Coca-Cola announced it has taken a $980m stake in Saudi drinks giant owned by Aujan
AB Rich List: the year's biggest gainers revealed
The Sawiris family members are famous in the region both for their wealth and their business acumen. Their estimated wealth is $4.2bn (rise of 18.3% over last year)
AB Rich List: the year's biggest gainers revealed
Majid Al Futtaim, the developer of Dubai's Mall of the Emirates had a good year despite the region's slowdown in construction. His estimated new worth rose 18% to $5.8bn
AB Rich List: the year's biggest gainers revealed
Sulaiman Al Rajhi is considered by many to be one of the founding fathers of the Saudi banking industry. His wealth is estimated to be worth $5.95bn, registering a 30.19% increase over last year
AB Rich List: the year's biggest gainers revealed
Ranked 36th on our list, Ayman Hariri has $3.15bn estimated wealth, a rise of 30.7% over last year
AB Rich List: the year's biggest gainers revealed
A revaluation of Kuwait-based Bukhamseen family’s assets resulted in them becoming the year’s highest gainers — in particular its sizeable shareholdings in First Gulf Bank and Kuwait International Bank. It estimated wealth is $7.25bn, a rise of 81.25% over last year