Top 10 Arab Billionaires :- Every year the forbes reveals the Billionaires list, It categorizes on World’s Richest Billionaire and country wise. Just like every country has billionaires, Even Arab has some wonderful billionaires and there businesses have turned up to top notch.
Even though there might be a drastic fall because of the pandemic but Billionaires are always Billionaires. It all comes with the hard work and passion towards their business. So here are the top 10 Arab Billionaires.
Top 10 Arab Billionaires With Their Net Worth 2021
1) Nassef Sawiris
Naseef Sawiris hails from Egppy and he is into constructions and chemicals business. His company name is Orascom Construction Industries SAE, It is an engineering and building company which trades on the Cairo Exchange and Nasdaq Dubai. This company holds stakes in Lagarge Holcim and Adidas as well. Naseet Sawiris is available in the supervisory boards of Adidas as well. As per the reports mentioned in 2020, His net worth is $5Billion.
2) Issad Rebrab and Family
Issad Rebrab and Family are from Republic of Algeria, Their business is Food which is self made. Issad Rebrab is the founder and CEO of Cevital which is Algeria’s biggest private company which owns the largest sugar refineries in the whole world. Cevital also owns Eruopean companies, and these include French home appliances, Italian Steel Mill, German Water Purification company as well.
The Net worth of Issad Rebrab and Family is $4.2 Billion.
3) Abdulla Bin Ahmed Al Ghurair
Abdulla Bin Ahmed is from UAE, and is the founder of Mashreqbank, which is a leading bank in UAE. Apart from that he has lots of interests in food business, construction, real estates, and other important business.
Al Ghurair Foods have the biggest pasta factory in the Middle East and the construction company is also popular. They did exterior work of Burj Khalifa which is the tallest building in the world. The Net Worth of Abdualla Bin Ahmed Al Ghurair is $3.7Billion.
4) Mohamed Mansour
Mohamed Mansour is from Egypt, He handles the Mansour Group which was established by his father Loutfy in the year in 1952. This group has more than 60K Employees, Mansour started General Motors dealerships in Egypt in the year 1975 and soon it became one of the biggest distributors worldwide. This company has rights for caterpillar equipment in Egypt and other African countries.
In the year 2006, he became Egypt’s Minister of Transportation under the regime of Hosni Mubarak. The net worth of Mohamed Mansour is $3.3Billion.
5) Majid AL Futtaim
Majid Al Futtaim is from UAE itself, He deals mostly with the real estate retailing itself. Majid owns 13 hotels and 24 Malls in Dubai, Egypt, and Cairo. His businesses have license to operate Carrefour across the Middle East, Central Asia and North Africa.
The Net worth of Majid Al Futtaim is $3.3Billion.
6) Naguib Sawaris
Naguib Sawaris is from Egypt, and he focuses mostly on the Telecom services. Naguib Sawaris is the scion of wealthiest family in Egypt. In 2011, He sold Orascom Telecom to Russian Telecom firm Vimplecom for some billions of dollars. He is the chairman of Orascom TMT investments, which operates in major assets in Egypt.
Naguib Sawaris holds stakes in Mining, Golden Star Resources which operates regarding gold mines in Africa and Australia. He is also the owner in Euronews. Naguib has a luxury resort which is called Silversands which is in Grenada.
The net worth of Naguib Sawaris is $3Billion.
7) Yasseen Mansour
Yaseen is from Arab and he is the founder of Palm Hills Development which is one of the Egypt’s biggest real estate developers. He is also the share holder of the Mansour Group as well.
This Net Worth is $2.2Billion
8) Taha Mikati and Najib Mikati
Taha Mikati is from Lebanon, They are the founders of M1 Group which is Beirut based holding company. They have invested his stakes in South African Telecom Services MTN, Pepe Jeans, Prime Real estate in New York, London and Monaco.
Taha and Najib have built Cell phone towers in Ghana, Liberia and Benin and they have founded investcom in 1982 which sells satellite phones.
His net worth is somewhere around $2.2Billion.
9) Suhail Bahwan
Suhain Bahwan is from Onam, He is the founder and chairman of the company Suhai Bahwan which is one of the largest conglomerates in Oman, They are the best producers of Fertilizers. Suhai Bahwan also owns Nissan and BMW dealerships.
Along with his brother Saud in 1965, They started the business of fishing nets, building materials. Just after that they got the dealership with Toyota in 1975.
In the year 2002, Both brothers got separated. Net worth was around $2.1Billion
10) Bahaa Hariri
Bahaa Hariri is from Lebanon and he is the eldest son of former Lebanese Prime Minister Rafik Harari. He sold his stakes in 2008 to his brother Saad Hariri, Then he founded horizon group which is a real estate company and the company holds investments in Ammna, Jordan, Beirut and Lebanon.
He also handled a project with Jordanian government which is worth billions. He is also the owner of Globe Express Services which is a logistics company and present in more than 100 countries.
The Net worth of Bahaa haririr is $2Billion.
So these are the top 10 Arab Billionaires in 2021. Every one of them have unique businesses and they are famous in their fields. If we get any new info regarding them and their businesses, investments. We will update you as soon as possible.
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