Forbes: 5 Gulf nationals are among the world’s billionaires, including a Qatari
April 05, 2023, 09:11 pm
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Sheikh Faisal bin Qasim
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Doha – Al Sharq website
The American “Forbes” magazine revealed a list of the world’s billionaires for the year 2023, which included 2,640 billionaires, including 5 Gulf nationals.
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His Excellency Sheikh Faisal bin Qassim Al Thani, a businessman and chairman of the Qatari Businessmen Association, came on the list with a fortune of $1.8 billion, ranking 1647th in the world.
And there are 3 Emirati billionaires on the list: Hussain Sajwani, Chairman of the Board of Directors of “Damac” Real Estate, with a fortune of $ 4.5 billion, who ranked 611th in the world, and Abdullah bin Ahmed Al Ghurair and his family with a net worth of $ 3 billion, ranked 982nd, and Abdullah Al-Futtaim and the family, with a fortune of $ 2.4 billion, are ranked 1272 in the world’s richest people.
The list also included Omani businessman Suhail Bahwan, with a net worth of $2.7 billion, and the 1104th rank globally.
In the Arab world, Egyptian Nassef Sawiris maintained the top spot in the Arab world with a net worth of $7.5 billion, despite a decrease in his wealth by about $300 million compared to 2022. Which made him the biggest loser among the wealthy Arabs this year.
According to the list published by the magazine, today, Wednesday, the wealth of the wealthy Arabs in 2023 decreased to 51 billion dollars, compared to 52.9 billion dollars in 2022.
In total, the value of the money of the world’s wealthy decreased to about $12.2 trillion, a decline of $500 billion from $12.7 trillion in March 2022; This is due to the increase in turmoil in the public and private markets alike.
French billionaire Bernard Arnault topped the Forbes list of the world’s richest people for the first time ever, with a net worth of $211 billion, up from $158 billion a year earlier.
Musk came in second place after his wealth fell from $219 billion last year to $180 billion now.
And Jeff Bezos, the founder of Amazon, came in third place, despite the decline in his wealth significantly from $ 171 billion last year to $ 114 billion.
