ALBAWABA - Al Waleed bin Talal Al Saud, the Saudi Arabian billionaire businessman, investor, philanthropist, and a House of Saud royal, is now the world’s richest Arab man, with a fortune of approximately $17 billion.
Richest Arab man
Al Waleed bin Talal topped the list of the richest Arabs in 2024, with a fortune of approximately $17.2 billion. His net worth recorded an increase of $2.38 billion since the beginning of 2024, according to the Bloomberg Billionaires Index.
It is worth noting that the Bloomberg Billionaires Index highlighted six Arab figures with a total wealth of nearly $64 billion. Additionally, these Arab billionaires diversified their businesses across various sectors and investment fields, including finance and banking, oil and energy, healthcare, and technology.
6 Richest Arabs of 2024
Al Waleed bin Talal is the top name on the Bloomberg Billionaires Index for the richest Arabs in 2024. As previously mentioned, the Saudi businessman has a wealth of approximately $17.2 billion. He holds diverse investments in entertainment, real estate, and technology.
Next on the list is Sulaiman Al-Habib, the Saudi businessman, doctor, and founder and Chairman of the Board of Directors of Dr. Sulaiman Al Habib Medical Group. He has a net worth of approximately $11.5 billion, with most of his wealth invested in the healthcare sector, where he owns an integrated chain of hospitals and modern medical facilities in Saudi Arabia.
Arab billionaires diversified their businesses across various sectors and investment fields, including finance and banking, oil and energy, healthcare, and technology. (Shutterstock)
Abdulla Al Ghurair, the Emirati billionaire, businessman, and founder and chairman of Mashreqbank, an Emirati bank, follows with a total fortune of $9.4 billion. He is known for his substantial investments in the UAE banking sector, as well as other industrial ventures in the UAE.
Nassef Sawiris, the Egyptian businessman, comes next with a total net worth of approximately $9 billion. He is recognized for his investments in the construction and sports sectors, as well as in major American and European companies.
Mohammed Hussein Al Amoudi, the Ethiopian-Saudi businessman, follows with a fortune of $8.9 billion. Al Amoudi has multiple investments in the oil and energy sectors.
Naguib Sawiris, the Egyptian businessman, has a net worth of nearly $7.4 billion. His diverse investments include communications and media sectors.
