Riyadh: Four Saudi
citizens were named this year in Bloomberg Markets’ inaugural list
of the 200 world’s richest people, whose net worth totals $2.7
trillion, about the size of the gross domestic product of France,
the fifth-biggest economy in the planet.
Bloomberg Markets’ inaugural list of the 200 world’s richest
people, worth a total of $2.7 trillion, about the size of the
gross domestic product of France, will be published in the
magazine’s December 2012 issue, showcasing the 200 mega rich and
their fortunes this year through October 5.
Prince Alwaleed Bin
Talal, CEO of Kingdom Holding Company, topped the list of Saudi
billionaires, with $22.9 billion, ranking 20th in the world.
Mohammed Al-Amoudi, active in the energy field, is second among
Saudis, with $10.1 billion, ranking 100th among the world’s
The third Saudi billionaire is Sulaiman Bin Abdul Aziz
Al-Rajhi, Chairman of Al-Rajhi bank, with $ 7.9 billion, and
ranking 140th in the top 200 list.
Mohamed bin Issa Al Jaber, the businessman in the field of resorts
and hospitality through MBI International, was the last Saudi on
the list, ranking 142nd, with a wealth estimated at $7.8 billion.
The Mexican Carlos Slim, a telecommunication tycoon, tops the list
with $77.5 billion, followed by Microsoft CEO Bill Gates with
$64.34 billion, then the Spanish Amancio Ortega, founder of
Inditex SA, the world’s largest clothing retailer, with $53.6
billion, followed by Warren Buffet with $48.4 billion.
News unmasked more than 30 hidden billionaires this year. Brazil’s Dirce Navarro de Camargo inherited her late husband’s industrial
conglomerate, Camargo Correa SA, in 1994.
Elaine Tettemer Marshall controls 15 percent of Koch Industries
Inc., the second-largest closely held company in the US. With
fortunes of about $12 billion each, both women remain billions shy
of Gina Rinehart, the richest woman in the Asia-Pacific region.
She’s squabbling with her children over the family’s $19.1 billion
minerals empire. Bloomberg News also revealed Zong Qinghou as
mainland China’s richest man, who had a net worth of $20.1 billion
on Oct. 5.
The once poor soda seller today commands the Hangzhou
Wahaha Group Co. beverage empire. With soft drinks producing hard
cash, wealth creation is booming in China — and beyond.