4. Sheikh Mohamed Bin Issa Al Jaber
Mr. Muhammad Al Issa is 4th among 10 most rich Saudis. The net worth of his assets is calculated as $2.2 Billion US Dollars and he is ranked at #771 among richest people of the world.
He is an investor in the stock market of the Kingdom and is believed to be one of the largest Individual Investors. His biggest investment is Riyadh Bank.
He also possesses major stakes in Savola Group (that is one of the largest food item processors in KSA) and in Saudi Hotels and Resort Company. Saudi Hotels and Resorts operates and owns two Marriot Hotels in Riyadh and many other hotels across the Kingdom.
Forbes removed him from the billionaires' list in March 2018 due to a lack of clarity about which assets he still owns. In November 2017, the Saudi government detained about 200 businessmen and royals in the Ritz-Carlton hotel Riyadh on unspecified corruption charges.
5. Saleh Kamel
A 75 years old billionaire of Jeddah, Saleh Kamel is at the 5th number in being most rich in Saudi Arabia. He has a net worth of his assets calculated as 1.85 Billion US Dollars and he is ranked at #959 among richest people in the world.
He is the founder and Chairman of a corporation named Dallah Albaraka. It is a corporation working in different fields, such as Food Production, Real Estate Development, and Islamic banking.
He is also chairman of Al-Baraka, it operates Islamic banks across the Middle East, Pakistan, and Indonesia. The other subsidiary Dallah Health is running a hospital in Riyadh.
Forbes removed him from the billionaires' list in March 2018 due to a lack of clarity about which assets he still owns. In November 2017, the Saudi government detained about 200 businessmen and royals in the Ritz-Carlton hotel Riyadh on unspecified corruption charges.
Share This Post
