Top 15 Gulf Arab billionaires on Forbes list

#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)

#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.

#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.