When rich people are mentioned, which country do you think of? I am sure most of us think of United States, European countries or China. Well here comes the twist in this tale, it is none of these countries . The richest families of world reside in Arab countries. Be it their oil or their gold toilets , they always manage to remain in news. Most of the rich Arabs have gained this status only due to presence of oil and gas in their countries. Due to this, they have become money making machines and have established huge business empires. They may not be very educated or business minded as well, however, their power resides solely in the oil industry. Their hold on world’s economy is pretty solid owing to large businesses established all around the globe. Middle Eastern countries like Qatar are known to be a hub of rich families. Since they have all the money they want, they own literally everything from luxury resorts to construction companies, from whole islands to banks . You name it and they have it. After detailed enquiry, I have been able to come up with richest Arab people around the globe. Prepare to be mesmerized by the following list of 10 most rich Arabs around the world!
10. Abdullah Bin Ahmed
This individual, living in Qatar, owns banks in Middle East. Imagine a person rich enough to own whole banking system . There have been some upsetting time for him as well, especially during recession period when the whole banking industry crumbled down. However, he managed to bounce back and double his wealth in the following time period.
He has numerous companies involved in construction and food business in his home country. Currently his total assets are estimated to be about $3.1 billion which has landed him 10th place on this list.
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