The 50 richest Arabs in the world have a combined wealth of slightly more than $266 billion, and 23 of them are from Saudi Arabia, according to Arabian Business figures quoted by the Saudi Gazette.

The oil-rich kingdom’s richest man, Prince Alwaleed Bin Talal, has a personal wealth of $12.6 billion. His bank account surged 30 percent in the past year, largely because the worth of his investment in Twitter, which doubled with the company’s recent public stock offering

Advertisement




The second richest Arab is hotels magnate Mohamed Al-Jaber, with a total wealth at $12.66 billion, nearly double last year’s figures.

Four of the richest Arabs live in Britain and four others are in Kuwait, and the Palestinian Authority, Lebanon and the UAE each are home to three of the richest Arabs.

Advertisement

SHARE
Previous articleAliyah in the National Religious Path
Next articleAnother Israeli First: ‘Vegan’ Pizza without Products from Animals
JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.