At present, his total price value is around $3.8 Billion. Besides that, his other interests in shipping business include OMNI Off-Shore Terminals and shares in Royal Caribbean Cruise Lines. Iraqi-American makeup artist, Huda Kattan, topped the Forbes Middle East list this year with her Huda Beauty makeup brand which boasts more than 46 million Instagram followers. Forbes Middle East has released its eighth annual flagship "Global Meets Local" ranking, featuring 50 individuals leading the regional offices for Forbes Global 2000 companies. Horses The Omani people are known for raising some of the best Arabian horses. The U.A.E has four billionaires, down from seven last year. May 17, 2018, 10:55 am, Your email address will not be published. The brother of former Lebanese Prime Minister Najib Mikati, Taha Mikati is the current owner of a telecom operator “Investcom” as well as Mikati Foundation and M1 Group. Born on 24th November, 1955 at Tripoli, Najib Mikati resigned in 2013 after 2 years as Prime Minister of Lebanon. The Israeli national Yitzhak Isaac Tshuva was born on 7th July, 1948 at Tripoli, Libya. Arab billionaires’ total wealth declined 19.4% from a total of $58.7 billion to $47.3 billion, dropping by $11.4 billion—more than the wealth of the two richest people in the Arab world combined. Editors' Picks hace 2 días. Apart from that, Mansour owns a real estate business and a logistic company in California. Mumbai. Forbes didn’t include Saudi Arabian billionaires on its list for the third year … Popular, by Almarai topped the Food and beverage category on Forbes list of 2020 Middle East’s top 100 companies. Worth. The founder of Oracle, and billionaire Larry Ellison ranks seventh, … Hussain Sajwani lost the most this year in percentage terms, with his fortune down 41% due to a weak real estate market. A massive investor in KSA, Prince Alwaleed Bin Talal Alsaud owns bundle of public and private companies in Europe, US and Middle East through his personally owned Kingdom Holding Co. His business ventures includes stakes in Lyft (ride sharing firm), Twitter, Citigroup, Four Seasons Hotels & Resorts, Hotel George V in Paris and Savoy Hotel in UK. Forbes Middle East has unveiled its annual list of the world’s richest Arabs for 2017. Owing to his work, he is regarded as one of the biggest industrialists in Gulf region. An Industrial Genius in the territory, Wertheimer has done some fine work to maintain peace between Israel and Palestine by establishing Industrial Parks. Combined, they are worth more than $31 billion and employ over 600,000 people. Eyal Ofer is the owner of Ofer Global based in Monaco as well as the Chairman of a private firm Zodiac Group. Forbes estimate Messi's total yearly earnings for 2020 -- including endorsements -- at $126 million, ahead of Juventus forward Ronaldo in second on $117 million. That makes him secure 2nd spot among the richest Middle East man. That makes it one of the strongest and dominant regions around the globe. admin One of the biggest names in oil refining, he has strong influence in the field after having settled up a massive refining plants. It is being said the Saudi Prince has a price tag of $20.4 Billion which makes him the richest Middle East man. MICHAEL That marks his name among the richest Middle East man worldwide. Arab billionaires were also not insulated from the downturn, with the number of billionaires reduced to 21, down from 24 last year, with three billionaires dropping off the list, one passing away and one making a comeback. Saudi Arabian family businesses, dominated the list with 36 entries. A man with colorful personality, Arnon Milchan is the owner of famous TV production company “New Regency Enterprises”. Egypt’s richest personality, Nassef Sawiris owns OCI which is one of the largest producers of Nitrogen Fertilizer in the world. March 17, 2021, 5:17 am, by This is a list of Omani people based on an annual assessment of wealth and assets compiled and published by Forbes magazine, Hurun and Wealth-X. One “Orascom Construction” which deals in trading between Nasdaq Dubai and Egypt’s Exchanges. It would be not a surprise for anyone to know that the Saudi Business tycoon Prince Alwaleed Bin Talal Alsaud is the richest Middle East man in the region. Michigan State University (MSU) is a public land-grant research university in East Lansing, Michigan.MSU was founded in 1855 and served as a model for land-grant colleges and universities later created under the Morrill Act of 1862. Here are the Black Billionaires who made the 2020 Forbes list MICHAEL #3. Michael Platt. Former owner of Investcom, he and his brother Taha sold their telecom company to an African businessman for $3.6 billion. That proved to be vital pillar for his personally owned Delek Group. Her estimated worth stood at $610 million last year. He is followed by three Emirati business … Olayan is a member of one of the wealthiest families in the Middle East, and the Olayan Group ranked third in Forbes Middle East’s top 100 family businesses in the Middle East 2020. And the second “OCI” which deals in fertilizers and chemical productions having facilities established in Texas and IOWA. Currently, Taha owns about $3.1 Billion money. This demo site is only for demonstration purposes. As of now, his price label is $6.7 Billion. UAE Covid: Dubai Expo 2020 to be both virtual and in-person Top CEOs In The Middle East – Forbes Lists – Forbes Middle East Freeze on Dubai government fees extended until early 2023 Established a dairy company by the name “Almarai” in 1977. 30 years ago, he built an industrial park by the name “Capitalist Kibbutz” for which he received Oslo Business for Peace award in 2010. Required fields are marked *. So, without any further ado, let’s meet them! Of the billionaires who remain, 51% are poorer than they were last year. Forbes Middle East chooses Orange Egypt’s Maha Nagy among Top 50 Impactful Marketing and Communications Professionals. Forbes Magazine has released its list of highest-grossing celebs. Top 8 Royals in the world 2021 By Forbes Richest Royals List, Marcus Lemonis Net Worth 2021 – One Of The Richest Entrepreneur, Top 20 Richest Youtuber Stars Highest Paid 2021. Forbes Middle East’s eight annual Global Meets Local list features regional heads of international businesses. Main source of revenue there comprises of oil, hydrocarbon and various natural resources sales. Here are the top 10 richest people in America of 2020: Jeff Bezos - $179bn (£137bn) Bill Gates - $111bn (£85bn) ... Forbes shares rich list ranking the wealthiest people in America. His price tag at present is $4.1 Billion. Mind. ... Forbes 2016 World’s Billionaires list found. The revenue circle is expected to spread vast as Ulker began to procure various companies in Saudia Arabia, Egypt, Italy, Pakistan, Kazakhstan, Romania, and Ukraine and afar. He is planning to launch Mall of Egypt soon. Nagy joined Orange Egypt in 2017 to continue her legacy in the marketing and communications field with her extensive and rich 20 years’ worth of experience, which has qualified her for the Forbes list of top 50 Impactful Marketing and Communications Professionals in … Forbes Middle East has revealed its ranking of the Middle East's most powerful Arab family businesses for 2020, highlighting 100 of the largest family companies that have helped to shape the region. News18 India. Forbes Middle East - English Issue - December 2020. Jim Simons. His holding company has been run by his son and an outsider who both deal in various sectors including real estate, food and construction. Forbes recently revealed its list for Power Businesswomen in the Middle East 2020, and we were very pleasantly surprised to come across the names of 10 Egyptian ladies who made the cut. 30 on the list that covered all economy sectors including Energy, Industry, banks, Telecommunications, Transport and logistics, Services, and Real estate. As of latest news, Milchan’s price value is $5.2 Billion. February 24, 2020, 8:28 am, by Emmi Jhon Mark Now he holds a position among richest Middle East man as of latest reports. FIBA Holding included financial companies like Credit Europe Bank and Fibabanka. Forbes Middle East. Forbes magazine announced its listing of the ‘World’s Richest Arabs’ in 2020, which included six Egyptian businessmen out of 21 rich Arabs – with Nassef Sawiris topping the list. Combined, they are worth more than $31 billion and employ over 600,000 people. As of March 18, when Forbes finalized its 2020 World Billionaires list, it counted 2,095 billionaires—58 fewer than last year, and 226 fewer than March 6, just 12 days earlier, when it initially calculated net worth. Forbes Middle East has unveiled its list of the Middle East’s largest and most successful listed companies for 2020. Shari Arison Shari Arison Net Worth: $5.6 Billion USD. Apart from his business, he used to be a soccer player as well as the weapons systems consultant between U.S Defense Contractors and Israeli Defense Force. Not only the Gulf States but many people from there are worthy of billions of dollars. The Olayan Group, which ranked third on the list, was the top-ranked Saudi company on the list. Network18. On the cusp of International Women’s Day next month, Forbes Middle East has unveiled its annual Power Businesswomen in the Middle East list. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. The list also saw Zain ranked fourth best employer across all industries in the Middle East. Forbes.pl. Forbes India Rich List 2020 In a tumultuous year for the global economy, India's richest preserved their wealth. His monetary value is said to be $7.2 Billion. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019. In the 2020 list, there are 22 new entries and 23 nationalities represented across 28 sectors 1.1k Views. Investments in several countries and revenue from his mining business made him one of the richest Middle East man. Being the chairman of famous Turkish company “Yildiz Holding”, Murat Ulker is priced at $4 Billion. His famous M1 Group has several investments in real estate and fashion business in UK. Trending Some of his popular productions are “Birdman” and “The Revenant”. The drop offs mean that the wealth of this year’s Arab billionaires is $59.8 billion—$19.1 billion lower than last year. Three Arab women top the ‘Forbes Middle East’ list as richest businesswomen. Their offices are operating in Manhattan, Montreal, Florida and Israel. Read on to find out more about the Singaporean billionaires that made Forbes’ 2020 list. Name. Mohammed Mansour was the year’s biggest gainer in absolute terms, gaining $1 billion. The List was edited by Robert Watts who succeeded long-term compiler Philip Beresford in 2017.. The ranking is compiled from in-depth research based on data from all stock exchanges in Arab countries and analysis of market value, sales, assets, and profits. admin She has also wrote several books which explains she bears a good moral and social character. Having family background of drilling and shipping business, Idan continued to follow his father and in his honor, he gave $42 million to The London Business School to name the buildings after his father. DECEMBER 2020 • C O N T E N T S. 4. Apart from that, she has launched several resources recently. Besides investments, he also hold shares in Dur Hospitality, Savola Group and Riyadh Bank. Combined, the total assets of these female leaders' companies are worth more than $500 billion. Please check if there are posts that match all the below criteria. The group has got distribution rights for big names like Caterpillar, GM Vehicles and McDonalds in Russia and 6 African countries. The U.A.E. The list takes into account some of the coronavirus pandemic, which has thrown global markets into a panic over the past few months. admin October 22, 2019, 4:01 pm, by The company has major effect and influence in Africa. Bahrain Despite that, his monetary value wasn’t effected as it stood at $3.3 Billion presently. Forbes’ definitive ranking of the richest families in Asia, ranking multigenerational families by net worth. On the cusp of International Women’s Day next month, Forbes Middle East has unveiled its annual Power Businesswomen in the Middle East list. On par with his brother, Najib Mikati has a net worth of $3.1 Billion as per latest reports. Top 100 Companies In Middle East - 2020 - Forbes Middle East reigns as the top country for regional headquarters, with 46 of the 50 executives based in the emirates, followed by two leading firms in Bahrain and … The Middle East sector is no doubt the wealthiest region in the world. Save my name, email, and website in this browser for the next time I comment. Majid Al Futtaim founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. All images are copyrighted to their respective owners. Born in Israel, Beny Steinmetz is the owner of massive mining company “BSGR”. Egyptian Nassef Sawiris is again the world’s richest Arab world, with $5 billion. Many of his famous ownerships include names like Mall of the Emirates and HyperStar. This month we release our annual list of the Top 100 Arab Family Businesses In The Middle East 2020. Home to 78 billionaires with an aggregate net worth of $209 billion, the Middle East claims just six female ten-digit fortunes. Jhon Mark Overall, Almarai came No. Source of wealth. The company transports milk and dairy products obtained from his special Holstein Cows around the whole Gulf territory. September 1, 2020, 2:17 pm, by Apart from that, he is also among the major collectors of paintings in Turkey. by Forbes India is your destination for business, stock market, startup and technology news, and a peek into the lives of India's richest and most famous. Construction and chemical tycoon, Nassef Sawiris, tops the list with an estimated net worth of $6.6 billion. Such significant recognition of Egyptian women filled us with pride and joy beyond words. Forbes didn’t include Saudi Arabian billionaires on its list for the third year running, making Egypt and Lebanon the most represented countries on the 2020 list. July 9, 2020, 11:00 am, by Forbes Middle East has revealed its ranking of the Middle East's most powerful Arab family businesses for 2020, highlighting 100 of the largest family companies that have helped to shape the region. The company mainly operates in the fields of food processing and manufacturing. A group comprising of 150 vessels fleet. Thanks to the cruise ship line “Carnival Corp” inherited to her by her father. As currently, the bank is among the leading ones in the country with his son Abdul Aziz being the CEO. ForbesLife Romania. The richest people on Earth are not immune to the coronavirus. ... Biggest aluminum maker in Middle East sees prices staying high. As the time passed by, his hard work and eagerness to achieve something big let him be the owner of $3 Billion monetary value. Iraqi-American makeup artist, Huda Kattan, topped the Forbes Middle East list this year with her Huda Beauty makeup brand which boasts more than 46 million Instagram followers. Having 77 factories in total (25 abroad), the Yildiz Holding has approximately 50,000 employees. Jhon Mark The highest-ranking leaders from their Middle East headquarters were then ranked on factors such as impact and scope of their role, seniority, impact, personal achievements, and public recognition. February 16, 2021, 2:49 am, by In this region, more … A member of Saudi Royal Family, Prince Sultan Al Kabeer owns one of the largest dairy production company in Middle East. There were no new Arab additions. In 2015, Al Ghurair pledged to give one third of his company’s assets to the foundation which will invest in education and scholarship programs in UAE and Arab countries. Forbes' list relies on the companies’ financial statements and capital markets data. Rabat – The 2020 “Women Behind Middle Eastern Brands” list in the Forbes Middle East magazine features two Moroccan businesswomen, Salwa Idrissi Akhannouch and Mouna Abbassy. Forbes revealed the 34th edition of list Tuesday. With his wife Melinda, Bill Gates chairs the Bill & Melinda Gates Foundation, the world's largest private charitable foundation. His net worth grew 43.4% to $3.3 billion from $2.3 billion last year, making him the fourth richest Arab. Rich List; The full list: Australia's wealthiest 200 revealed. This month we release our annual list of the Top 100 Arab Family Businesses In The Middle East 2020. Another shipping business tycoon holding the inherited wealth from his father. Forbes List 2020: Kylie Jenner is again on the rich list, and Diljit Dosanjh is also the lover of this Hasina. At present, Eyal Ofer is worth $9.4 Billion and is at 2nd spot among richest Middle East man. Most of the revenue is generated from energy production which include 3 natural gas conservation plants. The owner of famous FIBA Holding, Husnu’s last attended universities are Oregon State University and Harvard University. March 19, 2021, 12:12 pm, by MICHAEL Landmark Group, the Middle East retail conglomerate with 1,300 stores in 20 countries. With a fleet of 150 container, bulk and crude vessels, Idan is the owner of “Quantum Pacific Group”. Most of the revenue generated by Mansour Group comes from outside the country. Coming to his real estate business, he has a firm by the name El Ad Group. He is also addicted to art as doing paintings is one his favorites hobbies. Rich List 2020: the top 1,000. Saudi Arabian family businesses, dominated the list with 36 entries. He is a mega investor in Saudi Arabia’s stock market through his company Assila Investments. Sarik Tara also had massive investments in Moscow but due to downfall of Russia’s economy, he faced a major loss. © Net Worth Planet Successful Life Stories 2021, All Rights Reserved. The 38th edition of the flagship list sees the usual suspects take out top spot, but there were also 18 newcomers to the list including Fortnite CEO and Bezos’ ex-wife, Mackenzie Bezos Bezos Takes Out Top Spot On The Forbes 400 List With $169 Billion Forbes India Rich List 2020: Meet India's wealthiest women “There is tremendous opportunity in the dairy sector for Hatsun to grow,” says Nitin Puri, senior president and global head for … Your email address will not be published. Forbes (/ f ɔːr b z /) is an American business magazine owned by Integrated Whale Media Investments and the Forbes family.Published eight times a year, it features original articles on finance, industry, investing, and marketing topics. Forbes featured nine Egyptian women in its “Middle East's 100 Power Businesswomen 2020” list, which highlights women in the MENA who have shattered the glass ceiling to thrive in their respective careers, despite obstacles that continue to keep women out of the labor market in the region. Currently the owner of numerous malls around Middle East, North Africa and Central Asia. Got his beginning fortune from construction in Saudi Arabia, Mohammed Al Amoudi currently has the ownership of several businesses including oil refining, gold mining, energy production, agriculture and construction across Saudi Arabia, Sweden and Ethiopia. Ray Dalio. Profile. Having family business background from UAE, Abdulla Al Ghurair founded MashreqBank. First published in 1917, the world-renowned American business magazine, Forbes, is one of the most reputable and respected names in business publishing globally, and Zain’s inclusion in its list of best employers for 2020 underpins the Middle East company’s professionalism on a global level. (Related: 22 Singaporeans Made It To Forbes’ 2019 Billionaires List) Back in 2012, they bought a share in famous UK chain J. Sainsbury. To create this list, Forbes Middle East looked at companies on the Forbes Global 2000 ranking that have significant direct business operations in the Middle East. Ranked number 33 in the list, Mahfouz is the CEO of the Commercial Bank of Kuwait, which achieved a net profit of $210 million in 2018, according to Forbes. Owner of Turkey’s largest construction company “ENKA Construction”, Sarik Tara has a big name in Istanbul’s stock market. These mainly include the launching of Green Shopping Mall in Israel at the expense of $100 Million to promote the plantation of trees to protect environment. Owing to that in 2013, Eyal & Marilyn Ofer Family Foundation donated $15 million to Tate Modern Gallery in London. Combined, the total assets of these female leaders' companies are worth more than $500 billion. With having various public and private companies in different countries as well as stakes in big names like Citigroup, Twitter and many hotel chains, Mohammed Al Issa Net Worth: $3.1 Billion USD, Mohamed Mansour Net Worth: $3.1 Billion USD, Yitzhak Tshuva Net Worth: $3.7 Billion USD, Prince Sultan bin Mohammed bin Saud Al Kabeer Net Worth: $3.8 Billion USD, Beny Steinmetz Net Worth: $4.1 Billion USD, Majid Al Futtaim Net Worth: $4.9 Billion USD, Arnon Milchan Net Worth: $5.2 Billion USD, Stef Wertheimer Net Worth: $5.6 Billion USD, Nassef Sawiris Net Worth: $6.7 Billion USD, Abdulla bin Ahmad Al Ghurair Net Worth: $7.2 Billion USD, Mohammed Al Amoudi Net Worth: $15.3 Billion USD, Prince Alwaleed Net Worth: $20.4 Billion USD, Jim Parsons Net Worth 2021 salary per episode and income, Top 25 Richest Footballers in the World by Net Worth 2021. Saudi Arabian family businesses, dominated the list with 36 entries. As of current, Mohamed Mansour’s net worth is around $3.1 Billion. As of now, his monetary value is said to be around $4.9 Billion. Besides the stakes, Prince Alwaleed owns real estate in KSA, an entertainment company “Rotana” and many other assets. Noha […] Rank. In drilling business, he owned “Pacific Drilling” which he revealed in 2012. Having real estate and energy fuel as his revenue sources, Tshuva established the oil and gas reserves on the Israeli coasts in 2000. The UAE News report: Forbes Middle East has released its eighth annual flagship “Global Meets Local” ranking, featuring 50 individuals leading the regional offices for Forbes Global 2000 companies.The ranking celebrates leaders successfully contributing to their global businesses’ success and withstanding what has been a long and disruptive year for all. by Per Forbes (2020); Rank Country/Territory Number of billionaires Number of billionaires per million people 1 United States 614: 1.853 2 China 389: 0.276 3 Germany 107: 1.286 4 India 102: 0.074 The Egyptian billionaires listed are Nassef Sawiris, Mohamed Mansour, Naguib Sawiris, Yasseen Mansour, Youssef Mansour, and Mohamed al-Fayed. MICHAEL Time by time, he kept on buying stakes from various industries in Middle East. Issa’s son Abdullah is the current Chairman of Dur Hospitality. As of now, his value in terms of money is $15.3 Billion. A giant in terms of shipping world, Idan Ofer is among the biggest business tycoons of Middle Eastern territory. Forbes. News18. Some people become richer or poorer within days of publication. Mohammed Al Issa is a Saudi national investor and a self-made billionaire. A 21.9% drop from $6.4 billion last year. Egyptian, Iraqi and Lebanese women topped the Forbes Middle East list as richest businesswomen. Forbes Middle East has revealed its ranking of the Middle East's most powerful Arab family businesses for 2020, highlighting 100 of the largest family companies that have helped to shape the region. $1.6 B. The ship line has served as the main source of her value which is priced at $5.6 Billion. The fashion sector represented 42% of the list with 17 businesswomen, led by famous Lebanese fashion designer, Reem Acra. As of now, he is valued at around $3.7 Billion. Courtesy of her father Ted, Shari Arison is the … If not, remove the wrong ones in the widget settings. Bloomberg Businessweek helps global leaders stay ahead with insights and in-depth analysis on the people, companies, events, and trends shaping today's complex, global economy Forbes India Rich List 2020 In a tumultuous year for the global economy, India's richest preserved their wealth. Having more than $500 million investments in Dubai, US and Africa; Mohamed Mansour oversees his personally owned Mansour Group. The List was previewed in the previous week's Sunday Times and widely reported by other media. We will let you know about the top 20 richest Middle East man in the world in the description below. Hot Larry Ellison – 64.5 billion dollars. Rise/Fall. All content cited is derived from their respective sources. Prince Alwaleed Net Worth : $20.4 Billion USD. The Mansour Group tops the list, with three family members on the Forbes’ World’s Billionaires 2020 list. Later they formed their own firm by the name “M1 Group” which had investments in real estate, telecom and retail sectors. The Financial Review Rich List for 2020 proves it was a good year to own an iron ore mine. Stripe supera a SpaceX: ahora es la startup más valiosa de Estados Unidos. Established in 2015, Euro Exim Bank Ltd. is one of the fastest-growing international financial institutions. Renaissance Technologies Corp. #2. https://www.forbesmiddleeast.com/list/worlds-richest-arabs-2020 January 8, 2021, 3:57 am, by As the pandemic tightened its grip at the start of 2020, global equity markets imploded, tanking many fortunes. As per Breeder’ Cup Organization, Prince Sultan Al Kabeer also hold a stud farm outside Riyadh where he trains his 100 horses. Eyal and his family are a great admirer of art. While the group is among the world’s General Motors dealers, it has also made some smart investments in U.S. tech companies like … Saudi billionaire Prince Alwaleed once again tops regional rich list. Jhon Mark UA. Iraqi Hoda Kattan tops the Forbes 2020 list of the richest businesswomen in the Middle East 03 Aug 2020 London-ALsharqiya August 3: Forbes Middle East launched its second annual edition of a list of women entrepreneurs who managed to maintain their successful institutions, challenge obstacles, and keep pace with emergency developments. The net worth of Majid Al Futtaim and family dropped by $1.8 billion, or 35%, as his Eponymous company made a loss in 2019. ENKA Construction actually deals in real estate, trade and in the fields of energy and engineering. February 13, 2018, 4:02 pm In this list, TV stars and businesswomen, Kylie Jenner and Kanye West have topped the list. Forbes Middle East has unveiled its annual list of the world’s richest Arabs for 2017. January 18, 2021, 12:46 pm, by Binod Chaudhary controls CG Corp Global and is Nepal's sole billionaire. The Sunday Times Rich List 2020 is the 32nd annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 17 May 2020.. ISSUE 100. Home to 78 billionaires with an aggregate net worth of $209 billion, the Middle East claims just six female ten-digit fortunes. October 6, 2018, 1:45 pm, by Forbes Middle East has revealed its ranking of the Middle East's most powerful Arab family businesses for 2020, highlighting 100 of the largest family companies that have helped to shape the region. That makes him stand among the richest Middle East man. Aziz Akhannouch is the Minister of Agriculture in Morocco. He has net worth of $5.6 Billion. Initially, the company was named Orascom Construction Industries but later, he divided them in two firms. Beny later became a diamond business tycoon after he launched “Steinmetz Diamond Group” by the help of his brothers.