List Of UAE Billionaires 2016

by Forbes Middle East Forbes Middle East - Business News

Rich Arab countries 2016: list of billionaires or richest Arab in the world 2016. Forbes Middle East presenting most wealthy Arabs businessman in Middle East.

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Review on List Of UAE Billionaires 2016

This past year wasnt kind to billionaires all over the world. Plummeting oil prices, shaky stock markets and a stronger dollar wreaked havoc on fortunes. In the Arab world, aggregate net worth was down $29.9 billion from one year ago to a recent $95.5 billion. Out of a total of 32 billionaires, 12 tumbled off the list. Prince Alwaleed of Saudi Arabia saw his net worth fall by more than 20%, but he remains the wealthiest Arab.