In the Middle East, the title of sheikh is frequently held by royalty, but it may represent so much more. Sheikh means “old man” in Arabic, and it is a title that is not simply achieved.
This prestigious title is only bestowed upon the most renowned and held in high esteem Muslims. Sheikhs are Muslims who have intensively studied Islam, are well educated in the teachings of the Qur’an, and live according to Muhammad’s Sunnah, which is the manner of life he defined for Muslims.
If a person has finished undergraduate university studies in Islamic studies and is additionally educated to offer lectures, he or she can be classified as a sheikh.
Certain sheikhs in the Middle East are exceedingly affluent as a result of the region’s vast oil reserves and large number of wealthy families — some sheikhs in the Middle East are regarded as some of the richest people in the world.
In this article, we will show you, the top 10 richest sheikhs in the world.
Sheikh Mansour bin Zayed Al Nahyan – Net Worth $30 Billion
Sheikh Mansour bin Zayed Al Nahyan, a politician and businessman in the United Arab Emirates, with a net worth of $30 billion. Sheikh Mansour was born in November 1970 in the Trucial States. His full name is Mansour bin Zayed bin Sultan bin Zayed bin Khalifa Al Nahyan, and he is the UAE’s deputy prime minister.
Sheikh Mansour is also the minister of presidential affairs and a member of Abu Dhabi’s ruling family, with his half-brother, President Khalifa bin Zayed Al Nahyan, serving as the UAE’s president. Sheikh Mansour is also the head of the Emirates Racing Authority, the Emirates Investment Authority, and the Ministerial Council for Services.
Mansour sits on the board of the Supreme Petroleum Council and controls Virgin Galactic and Sky News Arabia.
He owns Abu Dhabi United Group, an investment firm that bought Manchester City Football Club. He also holds a stake in New York City FC, a Major League Soccer team.
Sheikh Mohammed bin Rashid al Maktoum – Net Worth $14 Billion
Sheikh Mohammed bin Rashid al Maktoum was born in the city of Dubai on July 15, 1949. Sheikh Rashid bin Saeed and Sheikha Latifa bint Hamdan Al Nahyan have three children. Sheikh Mohammed attended the Bell Educational Trust’s English Language School in the United Kingdom.
Sheikh Mohammed bin Rashid al Maktoum, an Emirati politician and businessman with a net worth of $14 billion, is an Emirati politician and businessman. He is the United Arab Emirates’ Vice President and Prime Minister, as well as the ruler of the Emirate of Dubai.
Sheikh Mohammed is the owner of 99.67 percent of Dubai Holding and the brains behind the Persian Gulf’s super-cool man-made palm islands.
Sheikh Mohammed’s two main businesses are Dubai World and Dubai Holding. DP World and Nakheel Properties formed Dubai World in 2006 as a holding company. Dubai Holding is primarily involved in the development and management of hospitality, business parks, real estate, and telecommunications businesses.
The Sheikh was in charge of various notable property development projects, including the world’s tallest structure, the Burj Khalifa, which opened in January 2010. The Dubai Mall is the world’s largest shopping mall in terms of total area. The Palm Islands project is a chain of man-made islands that stretches into the Gulf of Oman.
The wedding of Sheikh Mohammed to his first wife in 1979 holds the Guinness World Record for “Most Expensive Wedding.” A month-long celebration cost $100 million (in today’s money). Princess Haya bint Hussein of Jordan was his second formal wife; they married in 2004 and divorced in 2019.
He’s the father of 19 kids. Sheikh Mohammed has also had a number of “unofficial” spouses. Princess Haya and her two children left Dubai in June 2019, filing for protection and selling custody of the children in court.
Mohammed Al Amoudi – Net Worth $8.3 Billion
Mohammed Al Amoudi, an Ethiopian-born businessman, is one of the world’s wealthiest black persons. In recent years, Mohammed Al Amoudi’s net worth has fluctuated between $6 billion and $12 billion. Mohammed Al Amoudi’s net worth is derived from his construction, real estate, oil refineries, and other business endeavors.
He was born in Dessie, Ethiopia, and has been involved in commercial transactions since 1974. Mohammed Al-Amoudi acquired his first wealth in building and real estate in Saudi Arabia. He turned this money into a mining and oil business that stretches throughout Ethiopia, Sweden, and Morocco.
His conglomerate generates billions of dollars in sales each year. Mohammed Al-Amoudi Net Worth is the owner of 70% of Ethiopia’s oil and generates 4 tons of gold per year. Mohammed Al Amoudi was nurtured in the Ethiopian village of Woldia after being born in the Ethiopian city of Dessie. He and his brother eventually moved to Saudi Arabia.
He now spends time in both London and Saudi Arabia. Mohammed Al Amoudi and his wife, Soniat Saleh Selassie Al Amoudi, have eight children together.
Abdul Aziz Al Ghurair – Net Worth $7.5 Billion
Abdul Aziz Al Ghurair is a businessman who is one of the wealthiest persons in the United Arab Emirates, with a net worth of $7.5 billion. Abdul Aziz Al Ghurair, a native of the United Arab Emirates, studied at California State Polytechnic University.
Mashreq Bank’s current CEO is him. Abdul Aziz Al Ghurair’s father started the bank in the 1960s, during the UAE’s initial wave of economic boom, propelled by the massive oil reserves discovered beneath its dunes.
Since then, the business has grown into a thriving conglomerate with interests in real estate, publishing, construction, food, and petrochemicals.
In addition to his work with Mashreq, he is the founder of the Arab Business Angels Network, a venture capital firm focused on Arab entrepreneurs, and the Federal National Council’s Speaker of the House.
He intends to leave office next year in order to concentrate on his business activities. He is said to be considering investing in Libya, where he already owns 50% of the country’s largest oil refinery.
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Abdulla bin Ahmad Al Ghurair – Net Worth $6 Billion
Abdulla bin Ahmad Al Ghurair is a businessman and entrepreneur from the United Arab Emirates with a net worth of $6 billion. Abdulla bin Ahmad Al Ghurair is a member of the Al Ghurair family, which is responsible for the Al Ghurair Group. In 1967, Abdulla launched Mashreqbank, which is today one of the UAE’s largest banks.
Abdulla is the bank’s Chairman, Founder, and President, with his son Abdul Aziz serving as CEO. Abdulla bin Ahmad Al Ghurair is the second richest person in the United Arab Emirates, according to Forbes. He earned his MBA from Stanford University.
Abdulla was in charge of Hewlett-Middle Packard’s East business division. He has four brothers, each of whom gets a piece of the family business. In the 1990s, Abdulla and his brother Saif Ahmad separated the Al Ghurair Group into two entities. Al Ghurair Investment was chaired by Abdulla bin Ahmad Al Ghurair.
Sultan bin Mohammed bin Saud Al Kabeer – Net Worth $6 Billion
The Saudi Royal family member Prince Sultan bin Mohammed bin Saud Al Kabeer has a net worth of $6 billion. Apart from being King Abdulaziz’s 12th son and Saudi Arabia’s Crowned Prince from 2005 to 2011, Al Kabeer is also recognized for founding Almarai, a dairy company, in 1977.
He controls about a third of the company, which went public in 2005. Al Kabeer purchased an Argentine farm operator that produces barley, maize, and wheat in 2011 to feed his herd of Holstein cows, his major source of milk. According to the Breeder’s Cup horse racing organization, he also grows roughly 100 studs on a property near Riydah.
Mohammed bin Salman – Net Worth $5 Billion
Saudi Arabia’s Crown Prince, Mohammed bin Salman, has a net worth of $5 billion. In August 1985, Mohammed bin Salman was born in Riyadh, Saudi Arabia. Following the death of King Abdullah in January 2015, his father, King Salman, became King of Saudi Arabia and Prime Minister of Saudi Arabia.
At the same time, Saudi Arabia’s Crown Prince, Mohammed bin Salman, was sworn in. In June 2017, he was appointed as Saudi Arabia’s First Deputy Prime Minister.
From April 2015 to June 2017, he served as Saudi Arabia’s Deputy Crown Prince and Second Deputy Prime Minister before becoming Minister of Defense in January 2015. Mohammed bin Salman has also served on the Council for Economic and Development Affairs as its President.
He is responsible for a number of reforms, including the lifting of the prohibition on female drivers and rules limiting the powers of religious police. His struggle for women’s rights has resulted in the first Saudi women’s sports stadium, the first Saudi public concerts featuring a female vocalist, and a rise in the number of women in the workforce.
Mohammed bin Salman spent $299 million in 2015 to buy Chateau Louis XIV, a magnificent estate in France. He paid $500 million for the superyacht “Serene” in 2017.
Sheikh of Qatar – Net Worth $2 Billion
The Emir of the State of Qatar, Sheikh Tamim bin Hamad bin Khalifa Al Thani, has a net worth of $2 billion USD. In June 1980, the Sheikh of Qatar was born in Doha, Qatar. In 2013, he succeeded his father, Hamad bin Khalifa Al Thani, as Emir of Qatar, becoming the world’s youngest reigning monarch.
He has worked in Qatar in a variety of government positions as well as promoting athletic events. In 1998, he graduated from the Royal Military Academy at Sandhurst. In the Qatar Armed Forces, he rose to the rank of Second Lieutenant.
Tamim became the heir apparent after his elder brother, Sheikh Jasim, relinquished the title. He has cultivated connections with Saudi Arabia and backed Libyan insurgents. In 2009, he was named deputy commander-in-chief of Qatar’s armed forces.
He played a key role in Qatar’s selection for the 2022 FIFA World Cup and the 2014 FINA Swimming World Championships. He is the chairman of the National Olympic Committee and a member of the International Olympic Committee.
He is the chairman of the board of investors for the Qatar Investment Authority, which owns shares in Harrods, Barclays Bank, and Sainsbury’s. Sheikh Tamim has two wives with six children.
Aishwarya Al Alsaud – Net Worth $820 Million
Aishwarya Al Alsaud has an estimated net worth of $820 million as a businesswoman, socialite, and philanthropist. Aishwarya Al Alsaud’s net worth comes from her work as an entrepreneur.
She is a Eurasian origin International Jet-Set and the former wife of a notable Saudi Arabian self-made multi-millionaire businessman Rashid Bin Turki Alsaud of Saudi Arabia. She is known to many society doyennes as “Ash.” She met Rashid Bin Turki Alsaud, 43, when she was 19, but they didn’t marry until she was 22.
She earned a bachelor’s degree in international business and science from Schiller International University in Leysin, Switzerland, where she met her husband on the Corvatsch ski slopes. After her eight-year marriage ended, she relocated to Europe. She has resided in a variety of countries, including Switzerland, France, and the United States of America.
She has devoted her attention to philanthropy since 2009 and is involved in different charitable fund raising activities. She prefers to keep her personal life secret and only does interviews or allows articles to be published about her. She prefers to be alone, retreating to her 32,000-square-foot Palladian-Georgian-style manor in the Maryland hills beyond Potomac.
She is a long-time supporter of numerous endowments and foundations, and she has been seen seeing Angkor Wat, sipping Champagne at the maharajah’s palace in Udaipur, trekking through St. Petersburg, and even sneaking into the Ritz-Carlton hotel in Shanghai semi-incognito.
She is well-known for her outspokenness and extravagant spending. Aishwarya Al Alsaud is a Eurasian actress who was born on October 11th, 1979 in Greenwich, Connecticut.
Sheikh Khalid bin Hamad Al Thani – Net Worth $800 Million
Sheikh Khalid bin Hamad Al Thani is a Qatari minister and royal family member with an estimated net worth of $800 million. Sheikh Khalid bin Hamad Al Thani amassed his fortune as Qatar’s Minister of the Interior and a member of Qatar’s royal family.
In Doha, Qatar, Khalid bin Hamad bin Abdullah bin Jassim bin Muhammed Al Thani was born in 1935. He is Hamad bin Abdullah Al Thani’s son and Abdullah bin Jassim Al Thani’s grandson.
In 1972, his brother Khalifa bin Hamad Al Thani named him as Minister of Interior. He served in this capacity until 1989. Al Thani is the father of twelve sons and three girls. Since 2001, he has served as Minister.