Saturday, 5 January 2019

Eight Arabs named among world's richest people | ZAWYA MENA Edition

Eight Arabs named among world's richest people | ZAWYA MENA Edition:

The world's top 500 billionaires included eight Arabs, of which four are from Saudi Arabia, two from Egypt, and two from the UAE, according to the Bloomberg Billionaires Index.

Saudis topped the billionaires' list as Prince Alwaleed bin Talal came in the first and 56th globally with a total net worth of $14.5 billion, down by $57 million compared to his wealth held in 2017.

Saudi energy mogul Mohammed Al-Amoudi ranked second among the richest Arabs and 157th internationally with a total net worth of $8.26 billion, down by $23.4 million from 2017.

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