Sunday, December 14, 2008

Are Arabs The Most Racist People on Earth?

The World's 50 Richest Arabs

A list full of dollars
Yes it’s that time of the year again – the publication of the Arabian Business Rich List. As always, it has been a mammoth effort compiling the wealth of the world’s fifty richest Arabs – the risers, the fallers and the newcomers to this exclusive club.

Rich List 2008 - Top 10
1 . Prince Alwaleed bin Talal Al Saud
2 . Nasser Al Kharafi
3 . Maan Al Sanea
4 . Sheikh Mohammed bin Issa Al Jabber
5 . Mohammad Al Amoudi
6 . Abdulaziz Al Ghurair
7 . The Bin Laden Family
8 . The Olayan Family
9 . The Kanoo Family
10 . Said Khoury
Complete List

What is most striking this year – for the first time ever – is the reduction in the wealth of some of the super-rich. To make it big in our list this year, the question was not how much money you made – but how much money you lost. Most of our top ten has suffered considerable losses, beginning at the very top and HRH Prince Alwaleed – down to US$17.08bn.

Arabian Business was granted exclusive access to the private wealth of Prince Alwaleed, and so has been able to come up with the most accurate figure ever published regarding his wealth.