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Middle East & Africa. (cover story)Navigation: Main page Author: von Zeppelin, CristinaSerafin, TatianaHoppough, SuzanneMinami, KiyoeCoster, HelenDolan, Kerry A.Flan Section: Billionaires
The region has 56 billionaires, 27 more than last year. As a group, they are worth $167 billion. Legend for Chart:
A: Rank
B: Name
C: Source
D: AGE
E: NET WORTH ($BIL)
A B C D E
F
8 Prince Alwaleed investments 49 $20.0
Saudi Arabia Down
29 Nasser Al-Kharafi & family construction 62 12.4
Kuwait Up
37 Sulaiman Al Rajhi banking 86 11.0
Saudi Arabia Up
77 Mohammed Al Amoudi oil 60 6.9
Sandi Arabia Up
77 Abdul Aziz Al Ghurair & family banking 52 6.9
UAE Up
84 Saleh Al Rajhi banking 94 6.5
Saudi Arabia Up
109 Shad Arison inheritance, 48 5.2
Israel cruise ships Down
114 Saleh Kamel diversified 64 5.0
Sandi Arabia Up
129 Onsi Sawiris Orascom Telecom 76 4.8
Egypt Split fortune
134 Nicky Oppenheimer & fam De Beers 60 4.6
S. Africa Down
158 Sand Hariri construction, 35 4.1
Saudi Arabia investments Split fortune
174 Abdullah Al Rajhi banking 3.8
Saudi Arabia New
207 Johann Rupert & family luxury goods 55 3.3
South Africa Up
214 K Bin Mahfouz & fam banking 59 3.2
Saudi Arabia Up
224 Sammy Ofer & family shipping 84 3.0
Israel Down
240 Arnon Milchan New Regency 61 2.9
Israel Up
258 Ayman Hariri inheritance 27 2.7
Saudi Arabia Split fortune
258 Fahd Hariri inheritance 25 2.7
Lebanon Split fortune
278 Lev Leviev diamonds 50 2.6
Israel Same
278 Naguib Sawiris Orascom Telecom 2.6
Egypt Split fortune
317 Stef Wertheimer & family tools 80 2.4
Israel Up
335 Khalaf AI Habtoor construction 2.3
UAE Up
335 Mohammed AI Issa food 2.3
Saudi Arabia New
365 Mohammed AI Rajhi banking 2.1
Saudi Arabia New
382 Alexander Machkevich mining, metals 51 2.0
Israel Up
382 Yitzhak Tshuva real estate 57 2.0
Israel New
451 Nazek Hariri inheritance 1.7
Lebanon Split fortune
451 Rahmi Koc diversified 75 1.7
Turkey Split fortune
451 Omer Sabanci diversified 47 1.7
Turkey New
451 Sevket Sabanci diversified 70 1.7
Turkey Up
486 Aydin Dogan media 70 1.6
Turkey Up
486 Donald Gordon insurance, malls 75 1.6
South Africa Same
512 Turgay Ciner diversified 50 1.5
Turkey Returnee
512 Hasan Colakoglu diversified 1.5
Turkey New
512 Husnu Ozyegin banking 61 1.5
Turkey Up
512 Ferit Sahenk diversified 42 1.5
Turkey Split fortune
562 Abdulla Al Futtaim auto dealers, 1.4
UAE investments New
562 Bassam Alghanim finance 1.4
Kuwait New
562 Kutayba Alghanim diversified 49 1.4
Kuwait New
562 Hind Hariri inheritance 22 1.4
Lebanon Split fortune
606 Semahat Arsel diversified 78 1.3
Turkey Split fortune
606 Erol Sabanci diversified 68 1.3
Turkey Up
606 Filiz Sahenk diversified 39 1.3
Turkey Split fortune
645 Suna Kirac diversified 64 1.2
Turkey Split fortune
645 Tuncay Ozilhan beverages 59 1.2
Turkey New
698 Bulent Eczacibasi pharmaceuticals 56 1.1
Turkey Down
698 Kamil Yazici beverages 76 1.1
Turkey New
698 Ahmet Zorlu electronics, finance 61 1.1
Turkey Up
746 Majid Al Futtaim real estate 1.0
UAE New
746 Mahdi Al-Tajir investments 73 1.0
UAE New
746 Omer Dinckok diversified 1.0
Turkey New
746 Morris Kahn software 76 1.0
Israel s
746 Mehmet Karamehmet & fam finance, telecom 61 1.0
Turkey Returnee
746 Asim Kibar diversified 73 1.0
Turkey New
746 Murat Vargi teleeom 57 1.0
Turkey New
746 Faruk Yalcin manufacturing 81 1.0
Turkey New
MethodologyIn this, FORBES' 20th annual ranking of the world's richest people, a team of more than 30 reporters in seven countries spent the better part of a year valuing the assets held by 793 billionaires, from shares of publicly traded companies and real estate to yachts and planes and art collections. Stock prices were calculated using market prices and exchange rates as of Feb. 13. Privately held companies were valued by coupling estimates of revenues or profits (or, in some cases, company-provided numbers) to prevailing price/revenue and price/earnings ratios for similar publicly traded companies. Generally we list individual fortunes only, rather than those shared among extended families such as the Rothschilds. In some cases we divvy up a fortune. For instance, last year Luciano Benetton & family had a net worth of $9.9 billion. This year, based on new information, we divided the fortune among Luciano and his three siblings, each of whom appear with individual net worths of $2.5 billion. We denote these splits in our rankings to distinguish them from newly discovered fortunes. When such a split isn't clear, we list together the names of those who share the fortune, as in the case of New Zealand first-timers Richard and Christopher Chandler. AcknowledgmentsMarina Amoroso, Analyst, Wireless/Mobile US, Yankee Group; Munir Barakat, Wafra Investment Advisory Group; Ernesto Canales, Canales y Socios Abogados, S.C.; Drewry Shipping Consultants; Peter Forbes, Alan Stratford & Associates; Louis B. Gagliardi; John S. Herold; Alexander A. Ignatov, President, Ignatov & Company; Finn Øystein Bergh, Kapital; C.N. Krishnakumar; Susan Mainzer; John Mason, Stephen Mason Associates; Medias Equitables; Stuart Morley, Head of Research, GVA Grimley; Colm Murphy, Sunday Times, London; Scott Rankin, Davy Stockbrokers; Henry Seggerman, International Investment Advisers; Thai Rating and Information Services; Zawya.com; Khaled Zitouni, Corporate Ratings-Leverage Finance, Standard & Poor's. PHOTO (COLOR): Tuncay Ozilhan starred in Turkey's version of "The Apprentice." PHOTO (COLOR): Fashionable heir to a Turkish fortune, Filiz Sahenk is one of her country's top taxpayers. PHOTO (COLOR): Strong demand for luxury goods helped boost Johann Rupert's fortune by $1 billion. PHOTO (COLOR): Saleh Kamel is listing his banking group. ~~~~~~~~ Reported By Cristina von Zeppelin; Tatiana Serafin; Suzanne Hoppough; Kiyoe Minami; Helen Coster; Kerry A. Dolan; Russell Flannery; Evan Hessel; Megan Johnston; Matthew Miller and Matthew Swibel; Additional Reporting By Kiri Blakeley; Justin Doebele; Chandrani Ghosh; Lea Goldman; Naazneen Karmali; Maxim Kashulinsky; Josephine Lee; Nathan Vardi; Kirill Vishnepolsky and Chaniga Vorasarun; Additional Reporting By Forbes Russia; Edited by Luisa Kroll and Allison Fass; Research By Phyllis Berman; Heidi Brown; Tomas Kellner; Ritu Kalra; Susan Kitchens; Deborah Orr; Forbes Poland and Forbes Turkey; Database by Mitchel Rand in the Fair Use guidelines of the 1976 U.S. Copyright Act. info [at] singlearticles.com Powered by CommonSense |
Balance Sheet. …Girl's Sleepwear Sold at J.C. Penney Stores…. Sad little girls. |
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