Prince Alwaleed bin Talal remains at the top with an estimated net worth of $18.7 billion, up by $1.4 billion.
Five UAE billionaires, including US President Donald Trump’s UAE associate Hussain Sajwani, feature among the world’s richest Arabs in the 2017 rankings by Forbes Middle East.
Defying the uncertainty in global oil prices, the aggregate net worth of the richest Arabs climbed by 29.2 per cent over last year to $123.4 billion, spread among 42 billionaires.
Prince Alwaleed bin Talal remains at the top with an estimated net worth of $18.7 billion, up by $1.4 billion.
For the first time, the UAE’s Majid Al Futtaim lands in the No. 2 spot at $10.6 billion, followed by Saudi Arabia’s Mohammed Al Amoudi, who is worth $8.1 billion.
News Source:Trump’s UAE associate among world’s richest Arabs
