Forbes Middle East reveals the World’s Richest Arabs 2022

Forbes Middle East reveals the World’s Richest Arabs 2022

Egypt's Nassef Sawiris is still the wealthiest Arab worldwide, with a net worth of $7.7 billion—$600 million less than last year, making him the biggest loser among the Arab billionaires this year. This is mainly due to a slump in the share price of sportswear maker Adidas, in which Sawiris owns a 6% stake.

Algeria's only billionaires, Issad Rebrab & family, are the world's second-richest Arabs, worth $5.1 billion. Lebanese prime minister Najib Mikati and his brother Taha are the biggest gainers this year, having both seen their wealth increase by $700 million. They each have a net worth of $3.2 billion.

Egypt and Lebanon, with six billionaires each, have the highest number of billionaires in the region.

The six Egyptians have a combined net worth of $18.3 billion. They are the three Mansour brothers Mohammed, Youssef and Yasseen; the two Sawiris brothers Nassef and Naguib; and Mohammad Al Fayed, the 93-year-old former owner of luxury department store Harrods.

The six Lebanese billionaires have a net worth of $12.6 billion. They include the two Mikati brothers, and the three brothers of former billionaire and prime minister of Lebanon Saad Hariri—Bahaa, Ayman, and Fahed Hariri.

The U.A.E. has three billionaires on the 2022 list—Husain Sajwani, Abdulla