Forbes Middle East is uncovering the Arab billionaires that have been revealed in the 2018 Forbes US Global Billionaires ranking. The 31 mega-wealthy Arab business tycoons have a combined estimated net worth of $76.7 billion.
Construction and chemical tycoon, Nassef Sawiris, tops the list with an estimated net worth of $6.6 billion. He is followed by three Emirati business moguls-Abdullah Al Ghurair, Majid Al Futtaim and Hussain Sajwani, with an estimated net worth of $5.9 billion, $4.6 billion and $4.1 billion respectively.
None of the previous year's Saudi billionaires made it to this year's rankings.
As a result, the total wealth of Arab billionaires has fallen from $123.4 billion to $76.7 billion, and 11 have dropped off the charts: last year there were 42; today there are 31.
The World's Richest Arabs 2018
|Name ||Net Worth ||Source ||Country of Citizenship |
|Nassef Sawiris ||$6.6 billion ||construction, chemicals ||Egypt |
|Abdulla Bin Ahmad Al Ghurair ||$5.9 billion ||diversified ||UAE |
|Majid Al Futtaim ||$4.6 billion ||real estate, retail ||UAE |
|Hussain Sajwani ||$4.1 billion ||real estate ||UAE |
|Issad Rebrab ||$4 billion ||food ||Algeria |
|Naguib Sawiris ||$4 billion ||telecom ||Egypt |
|Suhail Bahwan ||$3.9 billion ||diversified ||Oman |
|Abdulla Al Futtaim ||$3.3 billion ||auto dealers, investments ||UAE |
|Taha Mikati ||$2.8 billion ||telecom ||Lebanon |
|Mohamed Mansour ||$2.7billion ||diversified ||Egypt |
|Najib Mikati ||$2.7 billion ||telecom ||Lebanon |
|Saeed Bin Butti Al Qebaisi ||$2.7 billion ||hospitals, investments ||UAE |
|Aziz Akhannouch ||$2.2 billion ||petroleum, diversified ||Morocco |
|Bahaa Hariri ||$2.1 billion ||real estate, investments, logistics ||Lebanon |
|Yasseen Mansour ||$1.9 billion ||diversified ||Egypt |
|Saif Al Ghurair ||$1.9 billion ||diversified ||UAE |
|Mohamed Al Fayed ||$1.6billion ||retail, investments ||Egypt |
|Robert Mouawad ||$1.6 billion ||fine jewelry ||Lebanon |
|Othman Benjelloun ||$1.6 billion ||banking, insurance ||Morocco |
|Saad Hariri ||$1.5billion ||construction, investments ||Lebanon |
|Faisal Bin Qassim Al Thani ||$1.6billion ||hotels, diversified ||Qatar |
|P.N.C. Menon ||$1.5billion ||real estate ||Oman |
|Khalifa Bin Butti Al Muhairi ||$1.5billion ||hospitals, investments ||UAE |
|Youssef Mansour ||$1.4billion ||diversified ||Egypt |
|Bassam Alghanim ||$1.4billion ||diversified ||Kuwait |
|Kutayba Alghanim ||$1.4 billion ||diversified ||Kuwait |
|Ayman Hariri ||$1.3billion ||construction, investments ||Lebanon |
|Fahd Hariri ||$1.3billion ||construction, investments ||Lebanon |
|Fawzi Al-Kharafi ||$1.2billion ||diversified ||Kuwait |
|Mohannad Al-Kharafi ||$1.2billion ||diversified ||Kuwait |
|Hamad bin Jassim bin Jaber Al Thani ||$1.2billion ||investments ||Qatar |
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