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Top 10 the world’s richest arabs

1# Prince Alwaleed bin Talal Al Saud
Net Worth: US$ 29.5 Billion
Country of Residence: Saudi Arabia
Industry: Banking & Finance, Travel & Hospitality
Companies: Kingdom Holding Company

2# The Al Rajhi Family
Net Worth: US$ 24 Billion
Country of Residence: Saudi Arabia
Industry: Banking & Finance
Companies: Al Rajhi Banking & Investment

3# The Hariri Family
Net Worth: US$ 17.8 Billion
Country of Residence: Lebanon
Industry: Technology, Construction & Industry, Banking & Finance
Companies: Saudi Oger

4# Nasser Al Kharafi
Net Worth: US$ 12 Billion
Country of Residence: Kuwait
Industry: Retail, Travel & Hospitality
Companies: Atheer, Zain, Kharafi Group

5# Maan Al Sanea
Net Worth: US$ 10 Billion
Country of Residence: Saudi Arabia
Industry: Construction & Industry, Healthcare, Banking & Finance
Companies: Saad Group, Saad Specialist Hospital

6# Mohammad Al Amoudi
Net Worth: US$ 9.2 Billion
Country of Residence: Saudi Arabia
Industry: Energy, Healthcare, Travel & Hospitality, Construction & Industry, Banking & Finance
Companies: Saudi Amoudi Group, Corral Group, Midroc Group

7# The Bin Laden Family
Net Worth: US$ 8.5 Billion
Country of Residence: Saudi Arabia
Industry: Construction & Industry, Banking & Finance
Companies: Bin Laden Group

8# Abdulaziz Al Ghurair
Net Worth: US$ 8 Billion
Country of Residence: United Arab Emirates
Industry: Banking & Finance
Companies: Mashreq

9# The Olayan Family
Net Worth: US$ 7.2 Billion
Country of Residence: Saudi Arabia
Industry: Banking & Finance, Retail, Technology
Companies: Olayan Group, General Trading Company, Arab Commercial Enterprises

10# The Sawiris Family
Net Worth: US$ 6.2 Billion
Country of Residence: Egypt
Industry: Technology
Companies: Orascom Telecom, Orascom Construction Industries S.A.E, Orascom Hotels and Development (OHD)

February 23, 2008   No Comments

Carlos Slim Helu, The New World’s No.1 Richest Man

Carlos Slim Helu

Finally Bill Gates have been beaten. This time by Mr. Carlos Slim Helu a Communications businesses and Investments. Here’s some information about this man.

Carlos Slim Helu is a Mexican entrepreneur and businessman involved in a varied group of companies that include telecommunications, retail, banking and insurance, technology, and auto parts manufacturing businesses.

Carlos Slim HelĂș was born on the 28th of January, 1940 in Mexico City. His father Yusef Salim Haddad and mother Linda Helu were of Lebanese decent. He studied engineering at the Universidad Nacional Autonoma de Mexico.

The financial success that Slim Helu has achieved has been from finding undervalued companies and making them profitable. He went on to improve phone services in Mexico with his company offering local and long distance calls, mobile phone services, Internet services, and a telephone directory.

Even though he has admitted to having very poor computer skills, he sees the Internet and technology as a major growth area in his group of businesses. He owns the largest Internet Service Provider (ISP) in Mexico and had one of the largest in the United States of America with his acquisition of Prodigy.

July 5, 2007   No Comments