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)
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)
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)
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)
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)
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.
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.
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.
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)
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)
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)
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.
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.
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.
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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