The richest men in the Persian Gulf

   We take a look at Forbes' ranking of the richest men from the Gulf region.

   #1175 Kutayba Alghanim
    Net Worth: $1.2 B
    Kutayba Alghanim and his brother Bassam from Kuwait have been fighting over the division of the assets they inherited from their father. The assets include Kuwaiti conglomerate Alghanim Industries and a stake in Gulf Bank. (Photo: Forbes.com)
 
   #1175 Bassam Alghanim
    Net Worth: $1.2 billion
    Kuwaiti Bassam Alghanim is no longer involved in the family holding company. The firm, Alghanim Industries, has a major stake in Gulf Bank of Kuwait. (Photo: Forbes.com)
 
   #1031 Saif Al Ghurair & family
    Net Worth: $1.4 billion
    Saif Al Ghurair is the former chairman of Al Ghurair Group. His brother Abdulla is also a billionaire. They come from an old Dubai merchant family with interests in banking, malls and manufacturing. (Photo:Forbes.com)
   
 #1161 Jassim Al-Kharafi
    Net Worth: $1.25 billion
    Kuwait-based Jassim Al Kharafi is the eldest brother of Nasser Al Kharafi, who died unexpectedly of a heart attack while on a visit to Cairo two years ago. Jassim, Nasser and six other siblings inherited the Kharafi Group from their father Mohammed. The group is one of the Middle East's biggest holding companies. (Photo: Forbes.com)
 
   #922 Abdulla Al Futtaim
    Net Worth: $1.65 billion
    UAE-based Abdulla Al Futtaim owns huge conglomerate Al Futtaim Group. It operates Ikea, Toys "R" Us and Marks & Spencer franchises, sells Toyota and Honda vehicles, and co-owns the Middle East's largest privately-funded urban community, Dubai Festival City. (Photo: Forbes.com)
   
 #785 Saleh Kamel
    Net Worth: $1.95 billion
    Saleh Kamel is the founder and chairman of Dallah Albaraka, a conglomerate with interests in Islamic banking, real estate development and food production. Kamel took subsidiary Dallah Health public in December 2012, keeping a 52% stake.
   
 #670 Abdullah Al Rajhi
    Net Worth: $2.2 billion
    Saudi-based Abdullah Al Rajhi, together with brothers Sulaiman, Mohammed, and the late Saleh, formed Al Rajhi Bank more than 50 years ago. One of the largest Islamic banks in the world, it has $71 billion in assets.
   
 #641 Mohammed Al Issa
    Net Worth: $2.3 billion
    Mohammed Al Issa is one of the largest individual investors in the Saudi stock market. His holdings include major stakes in Savola Group, one of the Kingdom's largest food processors, and Riyadh Bank.
   
 #554 Prince Sultan bin Mohammed bin Saud Al Kabeer
    Net Worth: $2.6 billion
    Prince Sultan Al Kabeer is new to Forbes' billionaire ranks this year. A member of the Saudi royal family, he founded dairy company Almarai in 1977 and took it public in 2005. He owns nearly 29% of it. (Photo: almarai.com)
  
  #437 Abdulla bin Ahmad Al Ghurair & family
    Net Worth: $3.1 billion
    UAE-based Abdulla Al Ghurair and his billionaire brother, Saif, are scions of a prominent UAE business family. Al Ghurair founded Mashreq Bank in 1967, now a leading bank in the country. He remains chairman. (Photo: mashreq.com)
  
  #376 Majid Al Futtaim
    Net Worth: $3.6 B
    Majid Al Futtaim is the estranged brother of billionaire Abdulla Al Futtaim. Non-family members run his eponymous holding company, which operates malls and supermarkets across the Middle East, including 48 Carrefour hypermarkets. (Photo: Forbes.com)
   
 #198 Sulaiman Al Rajhi & family
    Net worth: $6 billion
    Saudi billionaire Sulaiman Al Rajhi announced plans in May 2011 to donate the bulk of his fortune to charity, and in a recent interview with a Saudi publication said, "Now I own only my dresses." But he is still listed on the Saudi stock exchange as the owner of nearly 20% of Al Rajhi Bank, worth more than $5 billion.
 
   #166 Mohamed Bin Issa Al Jaber
    Net Worth: $7 billion
    Saudi billionaire, Mohamed Bin Issa Al Jaber, owns a string of luxury and budget hotels in Europe and Egypt through JJW Hotels & Resorts.
   
 #65 Mohammed Al Amoudi
    Net Worth: $13.5 billion
    Son of a Saudi father and Ethiopian mother, Mohammed Al Amoudi started investing in Sweden in the 1970s. He made his initial fortune in construction in Saudi Arabia, where he continues to add to his project portfolio with new projects for King Saud University and a new medical city complex for the Ministry of Interior.
  
 #26 Prince Alwaleed bin Talal
    Net worth: $20 billion
    Prince Alwaleed bin Talal from Saudi Arabia bills himself as the "world's foremost value investor." Among his several assets is his Kingdom Holding Company, of which he owns 95% and which trades on the Saudi stock exchange. Through this he owns stakes in hotel management companies Four Seasons Hotels & Resorts, Movenpick Hotels & Resorts and Fairmont Raffles Holding.

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