Saudi Arabia tops the list of Middle East’s billionaires, with 64 highly wealthy individuals possessing $204 billion in 2013, the Wealth-X and UBS World Ultra Wealth Report said. “There are 1,360 rich people in the Kingdom with a total wealth of $285 billion,” the report pointed out. The UAE came second with 1,050 billionaires with a total wealth of $190 billion, followed by Kuwait with 845 wealthy persons having $145 billion. The report said that 37 highly rich Emiratis possessed $45 billion. About 5,300 rich people in the Middle East have a wealth of $880 billion.
Posted on: Mon, 16 Sep 2013 05:03:19 +0000
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