Friday 19 September 2014

UAE tops world in billionaire wealth growth

Billionaire wealth in the UAE surged to $132 billion in 2014 from $45 billion last year, marking a worldwide record increase of 193 per cent, a report said. The number of billionaires in the UAE also increased to 46 from 37 in 201


Prince Alwaleed stays Mideast's richest with $30bn

Prince Alwaleed bin Talal, the CEO and founder of Kingdom Holding, remains the Middle East's richest with a fortune of $30 billion, according to the latest Wealth-X's Middle East Rich List. King Abdullah bin Abdul Aziz of


Billionaire population hits 2,170; Asia surges

The global billionaire population reached a record 2,170 individuals in 2013 and the total billionaire wealth in Asia surged nearly 13 percent, making it the fastest-growing region, a new report said. At current growth rates, Asia


Prince Alwaleed 'richest in Mideast'

Saudi billionaire investor Prince Alwaleed bin Talal is the wealthiest man in the Middle East with an estimated personal fortune of $24.5 billion, according to a new report.   He heads Wealth-X’s list of th

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