All about the most richest people in the Middle East

He is the owner and president of Al Group, which he founded in 1992 after splitting the Al empire with his cousin. According to Forbes, Al has a net worth of $5 billion, as of February 2016. In July 2013, Forbes named him as the richest entrepreneur from the country.

7. Majid Al Futtaim

Country: United Arab Emirates
Net worth: $5.97 billion
Age: unknown
Source of wealth: real estate