The New Top 10 Richest People in Saudi Arabia.
Saudi Arabia is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 1 of them is Saudis. Many of these elite figures belong to famously wealthy Saudi families who have run multinational companies for generations.
As of October 2018, Saudi Arabia is the largest economy in the Middle East and the 18th largest in the world. Saudi Arabia has the world’s second-largest proven petroleum reserves and the country is the largest exporter of petroleum.
Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from Saudia Arabia have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.
In today’s article, we will take a look at the top 10 richest people in Saudi Arabia that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes
Without wasting much time let’s dive in.
|Rank||Name of Personality||Estimated Net Worth|
|#1||Prince Alwaleed Bin Talal Alsaud||$ 19.2 Billion|
|#2||Mohammed Al Amoudi||$ 8 Billion|
|#3||Sultan bin Mohammed bin Saud Al Kabeer||$ 3.8 Billion|
|#4||Mohamed Bin Issa Al Jaber||$ 9 Billion|
|#5||Sulaiman Al Rajhi||$ 2.1 Billion|
|#6||Abdul Aziz Al Rajh||$ 2.5 Billion|
|#7||Fawaz Alhokair||$ 1.3 Billion|
|#8||Abdul Majeed Alhokair||$ 1.2 Billion|
|#9||Salman Alhokair||$ 1.2 Billion|
|#10||Bakr bin Laden||$ 1 Billion|
Below is a short bio on the first two richest people in Saudi Arabia
Prince Alwaleed Bin Talal Alsaud
An investor with business shares in Twitter, CitiGroup, Lyft, Fours Searsons Gotels. His Kingdom Palace in Saudi Arabia is estimated at $130 million.
Mohamed Bin Issa Al Jaber
A stock investor in Saudi Stock Exchange and own lots of hotels in the Gulf countries & Europe. He has his investments in JJW Hotels & Resorts, MBI Group, AJWA Group for Food Industries & Riyadh Bank
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