Industry: Banking & Finance
Company: Al Rajhi Bank - Saudi Arabia
Country: Saudi Arabia
Wealth: 1 Billion
Mohammed Al Rajhi is the fourth Al Rajhi to feature in this list, and like his three brothers owns a significant stake in Islamic banking behemoth
Al Rajhi Bank
Of course, it’s not been a strong six months for the Saudi banking sector or the Kingdom’s stock market. But fortunately for Mohammed, he still has plenty of cash thanks to side investments in agriculture, gypsum production and steel production. With Saudi committed to some of the world’s biggest construction projects, demand for such commodities is only going to rise.