Special Reports » Revealed: The world’s richest Arabs list 2013

Rank	Previous Rank		Name	Wealth (US$bn) 2013	Wealth (US$bn) 2012	Country
1	1		Prince Alwaleed bin Talal Al Saud	31.2bn	25.9	Saudi Arabia
2	10		Mohamed Al Jaber	12.66bn	7	UK (Saudi Arabia)
3	2		The Olayan Family	12.5bn	12.9	Saudi Arabia
4	3		Mohammed Al Amoudi	12bn	11.5	Saudi Arabia
5	5		Issam Al Zahid	11.6bn	11	Saudi Arabia
6	4		The Sawiris Family	10bn	11.2	Egypt
7	6		The Kharafi Family	8.5bn	8.6	Kuwait
8	-		Joseph Safra	7.5bn	New Entry	Brazil (Lebanon)
9	7		The Binladin Family	7.5bn	8.1	Saudi Arabia
10	9		Said Khoury	7bn	7.2	Palestine
11	8		The Bukhamseen Family	6.8bn	7	Kuwait
12	12		The Al Ghurair Family	6.3bn	6.4	UAE
13	14		The Kanoo Family	6.1bn	6.25	UAE (Bahrain)
14	17		Majid Al Futtaim	6.1bn	5.8	UAE
15	15		Tareq Al Qahtani	6bn	6.1	Saudi Arabia
16	11		The Bugshan Family	6bn	6.9	Saudi Arabia
17	16		Toufic Aboukhater	5.8bn	6	Monaco (Palestine)
18	-		The Mansour Family	5.1bn	New Entry	Egypt
19	18		Mohamed Abdul Latif Jameel	5bn	5.2	Saudi Arabia
20	20		Abdullah Al Rushaid	4.6bn	4.6	Saudi Arabia
21	19		Mubarak Al Suweiket	4.5bn	4.95	Saudi Arabia
22	-		The Al Rajhi Family	4.3bn	New Entry	Saudi Arabia
23	21		The Gargash Family	3.7bn	3.9	UAE
24	26		Adel Aujan	3.56bn	3.42	Saudi Arabia
25	31		Taha Mikati	3.5bn	3.3	Lebanon
26	24		Mohammad Jamjoom	3.4bn	3.6	Saudi Arabia
27	33		Najib Mikati	3.4bn	3	Lebanon
28	29		The Alghanim Family	3.4bn	3.4	Kuwait
29	22		Saad Hariri	3.3bn	3.7	Lebanon
30	26		Sulaiman Al Muhaidib	3.3bn	3.5	Saudi Arabia
31	24		Abdulatif Al Fozan	3.25bn	3.6	Saudi Arabia
32	30		The Hayek Family	3.2bn	3.4	Switzerland (Lebanon)
33	23		Bahaa Hariri	3.1bn	3.65	Switzerland (Saudi Arabia)
34	34		Munib Masri	3bn	3	Palestine
35	39		The Zamil Family	2.9bn	2.7	Saudi Arabia
36	32		Mansour Ojjeh	2.8bn	3.1	France (Saudi Arabia)
37	37		Mohammed Elkhereiji	2.73bn	2.85	Saudi Arabia
38	35		Ayman Asfari	2.7bn	3	UK (Syria)
39	-		Mohammed Sharbatly	2.69bn	New Entry	Saudi Arabia
40	36		Osama Abu Dawood	2.68bn	2.92	Saudi Arabia
41	40		Wafic Said	2.6bn	2.5	UK (Syria)
42	38		Ziad Manasir	2.58bn	2.78	Russia (Jordan)
43	41		Mohammed Al Issa	2.38bn	2.5	Saudi Arabia
44	-		Mohammed Al Barwani	2.6bn	New Entry	Oman
45	44		Nadhmi Auchi	2.2bn	2.3	UK (Iraq)
46	43		Miloud Chaabi	2.1bn	2.4	Morocco
47	42		Mohammed Ibrahim	2.15bn	2.4	UK (Sudan)
48	47		Saleh Kamel	2bn	2.19	Saudi Arabia
49	45		Fawaz Al Hokair	1.98bn	2.25	Saudi Arabia
50	48		Ayman Hariri	1.95bn	2.15	Saudi Arabia

Prince Alwaleed tops Rich List with $31.2bn

Saudi Arabia’s Prince Alwaleed has topped the Arabian Business Rich List for the 10 successive year, with a personal fortune of $31.2bn.

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The Kingdom Holding Company chairman saw his wealth rise by over 20 percent in the past twelve months, from $25.9bn. The figure – verified by his private office, reflects a series of strong performances and investments in the last year, most notably his $300m stake in Twitter, which rose in value by 200 percent when the company floated this year.

Alwaleed’s personal wealth for 2013 is more than twice that of second placed hotels magnate Mohamed Al Jaber. Financial statements seen by Arabian Business - and also verified by Al Jaber’s private office – put his total wealth at $12.662bn – nearly double last year’s figure of $7bn.

The Olayan family ($12.5bn), Mohammed Al Amoudi ($12bn) and Issam Al Zahid ($11.6bn – a figure also verified by his private office) – top the remaining slots in the top five.

The 2013 list showed the top 50 richest Arabs in the world now have a combined wealth of $266.11bn, up from $257.21bn last year.

But only 11 of the names on last year’s list saw their figures rise.

Saudi Arabia accounted for nearly half the entries on this year’s list, with 23, followed by the UK and Kuwait, with four each. Seven of this year’s entries are based in Europe, with the UAE accounting for just three.

Arabian Business Editor Ed Attwood said: “The last 12 months  have seen some solid performances by Arab business leaders across the globe, but what is significant is only 11 of the top 50 saw their wealth increase. The overall wealth has increased largely because of phenomenal  performances by the top two in our list, Prince Alwaleed and Mohamed Al Jaber."

The list does not include any members of royal families, unless their wealth is specifically derived from business interests.