Top 10 Richest People In Saudi Arabia – IIBNTV
Saudi Arabia is not only known for its rich oil production but also for the extremely top richest people who live here. Apart from this, many people are coming from royal families and lead lavish lifestyles. There are many individual billionaires with a net worth of around $16.5 billion.
So, here is a list of the top 10 richest people in Saudi Arabia:
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Prince Alwaleed Bin Talal Al Saud
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Abdullah Al Futtaim
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Mohammed Al Amoudi
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Prince Sultan bin Muhammed Al Kabeer
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Sheikh Mohammed Bin Isa Al Jaber
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Sulaiman Al Rajhi
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Abdullah Al Rajhi
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Abdul Majeed Alhokair
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Abdullah Majeed bin Ali bin Abdullah Al Muhaideb
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Bakr Bin Laden
01. Prince Alwaleed Bin Talal Al Saud
#richest Arab
Prince Alwaleed Bin Talal Al Saud is undoubtedly the richest man in Saudi Arabia with a net worth of around $19.6 billion. He is a businessman as well as a member of the Royal family.
In addition to this, he is the person behind introducing Arabs to wireless communications. “The Times 100 magazine” listed him on their annual list of 100 most influential people. He stands first on the list as an investor, businessman, and philanthropist.
02. Abdullah Al Futtaim
Abdullah Al Futtaim is the second richest man in Saudi Arabia. He is the owner of “THE AL FUTTAIM GROUP”. Al Futtaim is a large conglomerate based in Dubai. The group was founded in the 1930s and rapidly expanded in the 1940s.
Surprisingly, the net worth of Abdullah Al Futtaim is $ 10 billion. He earned this position through his work in the automotive field and real estate business. He owns a ship named Mega Yacht Radiant.
03. Mohammed Al Amoudi
Mohammed Al Amoudi is the third richest man in Saudi Arabia with a net worth of around $8 billion. He owns many companies in Saudi, one of them being Al Amoudi Exchange.
In Ethiopia, he has invested in coffee, rice-growing projects, and land. He is well known in the field of construction.
04. Prince Sultan bin Muhammed Al Kabeer
Sultan bin Mohammed Al Kabeer is a Saudi prince. He is a well-known businessman. He is one of the founders of Almarai which is the largest dairy foods company in the world.
Prince Sultan is a great-nephew of King Abdulaziz, being the grandson of the King’s sister Noura bint Abdul Rahman. His net worth is around $ 6 billion.
05. Sheikh Mohammed Bin Isa Al Jaber
Sheikh Mohammed Bin Isa is considered to be the 4th richest man in Saudi Arabia. His net worth is $5.9billion.He is one of the largest individual investors in Saudi Arabia’s stock market.
He founded Jadawel international construction and development. He is also a shareholder of the AJWA group of food industries.
06. Sulaiman Al Rajhi
Sulaiman Al Rajhi is considered the 5th richest man in Saudi Arabia. He is a corporate figure and undoubtedly a billionaire with a net worth of around $5.5billion.
Additionally, he is also a co-founder of Al Rajhi bank. Besides this, he also established the Farabi petrochemicals company in 2008.
07. Abdullah Al Rajhi
Abdullah Al Rajhi is the 6th richest man in Saudi Arabia with a net worth of $1.9billion.He is a corporate figure in Saudi Arabia.
In addition to this, he is the founder of Al Rajhi bank, one of the largest Islamic banks in the world. Al Rajhi Bank was founded more than 50 years ago. His brothers Sulaiman, Saleh and Mohammed also contributed in the same.
08. Abdul Majeed Alhokair
Abdul Majeed Alhokair is the driving force behind the fashion retail business of Fawaz Abdulaziz Al Hokair company.
Additionally, he is an investor in The Food Lab(TFL). He manages and directs the Fawaz Al Hokair group. Besides this, he has also invested his money in many other companies.
09. Abdullah Majeed bin Ali bin Abdullah Al Muhaideb
#richmeninSaudi
Abdullah Majeed bin Ali bin Abdullah Al Muhaideb is the founder of Ewaa Hotels. Muhaideb has put his efforts into expanding his business network gradually across the kingdom of Saudi Arabia.
However, He was an early entrant in Saudi Arabia and thus, served the industry for more than 30 years.
10 Bakr Bin Laden
Bakr bin Laden comes from a wealthy family ‘Bin Laden’. He is the son of Awad Bin Laden. He was one of the chairmen of the popular Saudi Bin Ladin group. In addition, he is the largest shareholder in the group. So, he stands 10th on the list with a net worth of around $1 billion.
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