The World’s Richest Arabs List Is Out but This Year, There’s a Twist

Thirty one made the Forbes World's Richest Arabs list this year, their total wealth combined equating to $76.7 billion.

For 2018 though, something is very different. If you look closely, you'll see that there are no Saudis on the list, and it's not because there aren't any Saudi billionaires in the world. In fact, in previous years, Saudis have dominated the list but Forbes has said that, after the detainment and seizure of assets of some Saudi billionaires (a 3-month spell that began in November 2017, with the last detainees released end of January 2018 and a rumored $100 million seized in assets), they chose to leave them off.

With seven entries from UAE and Lebanon respectively, the two countries are in the lead. Egypt trails right behind with 6 billionaires.

Egyptian Nassef Sawiris, of OCI and Orascom Construction, worth $6.7 billion, is at the top of the list, taking the place of Saudi Prince Al Waleed Bin Talal.

The 31 Billionaires' businesses encompass a diverse range of industries, including; auto dealerships, real estate, retail, hospitals and investments.

Below is the complete list:

1. Nassef Sawiris, $6.6 B, Construction, Chemicals
2. Abdulla Bin Ahmad Al Ghurair, $5.9 B, Diversified
3. Majid Al Futtaim, $4.6 B, Real Estate, Retail
4. Hussain Sajwani, $4.1 B, Real Estate
5. Issad Rebrab, $4 B, Food
6. Naguib Sawiris, $4 B, Telecom
7. Suhail Bahwan, $3.9 B, Diversified
8. Abdulla Al Futtaim, $3.3 B, Auto Dealers, Investments
9. Taha Mikati, $2.8 B, Telecom
10. Mohamed Mansour, $2.7 B, Diversified
11. Najib Mikati, $2.7 B, Telecom
12. Saeed Bin Butti Al Qebaisi, $2.7 B, Hospitals, Investments
13. Aziz Akhannouch, $2.2 B, Petroleum, Diversified
14. Bahaa Hariri, $2.1 B, Real Estate, Investments, Logistics
15. Yaseen Mansour, $1.9 B, Diversified
16. Saif Al Ghurair, $1.9 B, Diversified
17. Mohamed Al Fayed, $1.6 B, Retail, Investments
18. Robert Mouawad, $1.6 B, Fine Jewelry
19. Othman Benjelloum, $ 1.6 B, Banking, Insurance
20. Saad Hariri, $1.5 B, Construction, Investments
21. Faisal Bin Qassim Al Thani, $ 1.6 B, Hotels, Diversified
22. P.N.C. Menon, $1.5 B, Real Estate
23. Khalifa Bin Butti Al Muhairi, $1.5 B, Hospitals, Investments
24. Youssef Mansour, $1.4 B, Diversified
25. Bassam Alghanim, $1.4 B, Diversified
26. Kutayba Alghanim, $1.4 B, Diversified
27. Ayman Hariri, $1.3 B, Construction, Investments
28. Fahd Hariri, $1.3 B, Construction, Investments
29. Fawzi Al-Kharafi, $1.2 B, Diversified
30. Mohannad Al-Kharafi, $1.2 B, Diversified
31. Hamad bin Jassim bin Jaber Al Thani, $1.2 B, Investments