The World’s Richest Arabs 2018

Richest, arabs, billionaires, middle east, forbes

Forbes came out with their Billionaires 2018 list, and for the first time

this list will not include any Saudis. Forbes chose to leave off all 10 Saudis given reports of asset seizures after some 200 people, including some billionaires were detained.

This year 31 individuals from Arab countries have made the list. The total wealth of  the world’s richest Arabs stands at $76.7 billion. Egyptian billionaire Nassef Sawiris with a net worth of $6.6 billion is the world’s richest Arab, as Prince Al Waleed Bin Talal was excluded from the list. The U.A.E. and Lebanon with 7 entries each, have the highest number of billionaires, followed by Egypt with 6 billionaires.


The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from February 9, 2018. Some people will become richer or poorer within weeks—even days—of publication. For example, Jeff Bezos’ net worth climbed more than $12 billion in the two weeks between our measuring date for stock prices and when this issue went to press. Forbes lists individuals rather than multi generational families who share large fortunes, though it include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune. In some cases Forbes lists siblings or couples together if the ownership breakdown among them isn’t clear, but here an estimated net worth of $1 billion per person is needed to make the cut. Forbes values a variety of assets, including private companies, real estate, art, yachts and more. Forbes doesn’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, Forbes discounts fortunes.

ImageNameNetworthAgeSourceCountry of Citizenship
Nassef Sawiris$6.6 B57construction, chemicalsEgypt
Abdulla Bin Ahmad Al Ghurair$5.9 B-diversifiedUnited Arab Emirates
Majid Al Futtaim$4.6 B-real estate, retailUnited Arab Emirates
Hussain Sajwani$4.1 B65real estateUnited Arab Emirates
Issad Rebrab$4 B74foodAlgeria
Naguib Sawiris$4 B63telecomEgypt
Suhail Bahwan$3.9 B79diversifiedOman
Abdulla Al Futtaim$3.3 B-auto dealers, investmentsUnited Arab Emirates
Taha Mikati$2.8 B73telecomLebanon
Mohamed Mansour$2.7 B70diversifiedEgypt
Najib Mikati$2.7 B62telecomLebanon
Saeed Bin Butti Al Qebaisi$2.7 B-hospitals, investmentsUnited Arab Emirates
Aziz Akhannouch$2.2 B57petroleum, diversifiedMorocco
Bahaa Hariri$2.1 B51real estate, investments, logisticsLebanon
Yasseen Mansour$1.9 B56diversifiedEgypt
Saif Al Ghurair$1.9 B94diversifiedUnited Arab Emirates
Mohamed Al Fayed$1.6 B89retail, investmentsEgypt
Robert Mouawad$1.6 B73fine jewelryLebanon
Othman Benjelloun$1.6 B85banking, insuranceMorocco
Saad Hariri$1.5 B47construction, investmentsLebanon
Faisal Bin Qassim Al Thani                            $1.6 B70hotels, diversifiedQatar
P.N.C. Menon$1.5 B69real estateOman
Khalifa Bin Butti Al Muhairi$1.5 B39hospitals, investmentsUnited Arab Emirates
Youssef Mansour$1.4 B72diversifiedEgypt
Bassam Alghanim$1.4 B66diversifiedKuwait
Kutayba Alghanim$1.4 B72diversifiedKuwait
Ayman Hariri$1.3 B39construction, investmentsLebanon
Fahd Hariri$1.3 B37construction, investmentsLebanon
Fawzi Al-Kharafi$1.2 B-diversifiedKuwait
Mohannad Al-Kharafi$1.2 B-diversifiedKuwait
Hamad bin Jassim bin Jaber Al Thani$1.2 B58investmentsQatar