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Tuesday, 18 April 2017

Alwaleed still the richest Arab, Nassef and Naguib top Egypt list

Forbes’ 2017 Arab rich list is out: Prince Alwaleed bin Talal remains the richest Arab with a net worth of USD 18.7 bn. He is followed by Majid Al Futtaim and family and Mohammed Al Amoudi with net worths of USD 10.6 bn and USD 8.1 bn, respectively. Nassef Sawiris is the fifth richest on the list and, as the richest Egyptian, his estimated net worth is USD 5.6 bn. Naguib is in at eighth with USD 3.9 bn. In Egypt, seven people made the bn’aire list, and the third richest, after the Sawiris brothers, is Mohamed Mansour, with an estimated net worth of USD 2.7 bn. Globally, Bill Gates, Warren Buffet, and Jeff Bezos are the three richest people in the world, followed by Zara founder Amancio Ortega and Mark Zuckerberg.

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