Saudi security forces arrest 21,477 illegal residents in a week    Saudi Arabia delivers sacrificial meat to Egypt and Palestine    Sweden's Prince Carl Philip and Princess Sofia welcome baby girl    Sharifa Al-Sudairi makes historic debut at Asian Winter Games    Palestinian prisoners arrive in Ramallah under Gaza ceasefire deal    Trump revokes Biden's access to classified briefings    Wreckage of missing plane found in Alaska; all 10 aboard presumed dead    Trump vows to fire FBI agents involved in Jan. 6 investigations    Jaecoo J8 launches in Saudi Arabia, marking a new milestone in the Middle Eastern off-road market    Saudi Arabia opens Hajj 1446 registration for domestic pilgrims Priority given to those who have not performed Hajj before, with registration available via Nusuk app and e-portal    Ivan Toney's brace secures Al Ahli victory over Al Fateh in Saudi Pro League    Al Nassr reclaims third place with 3-0 victory over Al Fayha as Jhon Durán shines    Karim Benzema's last-gasp winner sends Al Ittihad to the top of Roshn Saudi League French striker seals dramatic 2-1 victory over Al Taawoun with stoppage-time strike    Salvador Dalí art comes to India for the first time    Crown Prince announces King Salman Automotive Cluster at KAEC    Saudi Arabia's population crosses 35 million, with non-Saudis constituting 44.4%    Heading into a new journey, JAECOO J8 is shaking up the luxury off-road market    GEA hosts mass wedding of 300 couples at "Night of a Lifetime" celebration during Riyadh Season 300 cars and housing as gifts for the newlyweds    Food Culture Festival kicks off in Riyadh's Diplomatic Quarter    Saudi Arabia to present 'The Um Slaim School: An Architecture of Connection' at Biennale Architettura 2025 Syn Architects explore Riyadh's architectural heritage, fostering new pedagogical approaches and global dialogue    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Four Saudis among world's top 200 billionaires
Published in The Saudi Gazette on 05 - 11 - 2012

RIYADH — Four Saudi citizens were named this year in Bloomberg Markets' inaugural list of the 200 world's richest people, whose net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy in the planet.
Bloomberg Markets' inaugural list of the 200 world's richest people, worth a total of $2.7 trillion, about the size of the gross domestic product of France, will be published in the magazine's December 2012 issue, showcasing the 200 mega rich and their fortunes this year through Oct. 5.
Prince Alwaleed Bin Talal, CEO of Kingdom Holding Company, topped the list of Saudi billionaires, with $22.9 billion, ranking 20th in the world.
Mohammed Al-Amoudi, active in the energy field, is second among Saudis, with $10.1 billion, ranking 100th among the world's wealthiest.
The third Saudi billionaire is Sulaiman Bin Abdul Aziz Al-Rajhi, Chairman of Al-Rajhi bank, with $ 7.9 billion, and ranking 140th in the top 200 list.
Mohamed Bin Issa Al Jaber, the businessman in the field of resorts and hospitality through MBI International, was the last Saudi on the list, ranking 142nd, with a wealth estimated at $7.8 billion.
The Mexican Carlos Slim, a telecommunication tycoon, tops the list with $77.5 billion, followed by Microsoft CEO Bill Gates with $64.34 billion, then the Spanish Amancio Ortega, founder of Inditex SA, the world's largest clothing retailer, with $53.6 billion, followed by Warren Buffet with $48.4 billion.
Bloomberg News unmasked more than 30 hidden billionaires this year. Brazil's Dirce Navarro de Camargo inherited her late husband's industrial conglomerate, Camargo Correa SA, in 1994.
Elaine Tettemer Marshall controls 15 percent of Koch Industries Inc., the second-largest closely held company in the US. With fortunes of about $12 billion each, both women remain billions shy of Gina Rinehart, the richest woman in the Asia-Pacific region. She's squabbling with her children over the family's $19.1 billion minerals empire.
Bloomberg News also revealed Zong Qinghou as mainland China's richest man, who had a net worth of $20.1 billion on Oct. 5. The once poor soda seller today commands the Hangzhou Wahaha Group Co. beverage empire. With soft drinks producing hard cash, wealth creation is booming in China – and beyond. — SG/Agencies


Clic here to read the story from its source.