Top 5 Richest People of Saudi Arabia in 2018

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.

3. Prince Sultan bin Mohammed bin Saud Al-Kabeer 

Standing at number three among the list of 10 most rich Saudis, is a member of royal family of the Kingdom. Prince Sultan bin Mohammed bin Saud Al-Kabeer has a net worth of his assets calculated as $3.4 billion.

His rank among the richest persons in the world is 477. Prince has a great interest in Livestock. His dairy company, Almarai is one of the largest companies in the Middle East.

Almarai has large farms of Holstein cows and the milk is supplied throughout the Gulf countries. A horse racing organization “breeder’s cup” reports that the Prince also has a stud farm and he trains about One Hundred Horses.

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.

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.

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