Middle East is the home of over 75 billionaires, but what’s more interesting is that one third of them are related to each other. No matter if we’re talking about sheikhs, members of the royal families or regular people, today we’re going to find out who are three of the richest people in the Middle East!
1. Prince Al-Waleed Bin Talal Alsaud – Saudi Arabia – $28 billion
His net worth of $20.4 billion comes from stakes in News Corp, Citigroup, Four Seasons Hotels & Resorts and other investments controlled through his Kingdom Holdings, so Prince Alwaleed Bin Talal Alsaud is leading our ‘richest people in the Middle East‘ top.
A member of the Saudi royal family, Waleed was listed as one of Time magazine’s Time 100, an annual list of the hundred most influential people in the world in 2008. He is is a nephew of the late Saudi King Abdullah, a grandson of Ibn Saud, the first Saudi king, and a grandson of Riad Al Solh, Lebanon’s first Prime Minister.
2. Mohammed Al Amoudi – Saudi Arabia – $11 billion
He is a Saudi Arabian/Ethiopian businessman and billionaire who lives in Ethiopia and Saudi Arabia. Al Amoudi relative fall in net value from last year was linked to the global fall in oil and gold prices. Considering that he is Ethiopia’s richest man, the second richest Saudi Arabian citizen in the world and the second richest black person in the world, he is also a part of the richest people in the Middle East group.
Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.
3. Eyal Ofer – Israel – $8.7 billion
He was born in Haifa, Israel, while his father, Sammy Ofer, was a Romanian-born Israeli shipping magnate and Israel’s richest man. Eyal Ofer, one of the richest people in the Middle East, served as an intelligence officer in the Israeli Air Force from 1967 to 1973.
Eyal Ofer’s business interests are concentrated in shipping and global real estate within the Ofer Global group. He ie also the Chriaman of Zodiac Maritime LTd and Global holdings.
