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The Richest Muslims In The World - Business Lessons In Arab

As you read this article about the richest muslims in the world, you will learn about Muslims who have done well in business. However, Muslims continue to do well in business, and here is a list of the ten richest and wealthiest Muslims you should be aware of.

Aaliyah Azeena
Aaliyah Azeena
Jan 29, 202333 Shares1.1K Views
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  1. Richest Muslims In The World
  2. Al-Waleed Bin Talal
  3. Aliko Dangote
  4. Zim Hashim Premji
  5. Nassef Sawiris
  6. Hamad Bin Jassim Al-Tani
  7. Ayman Hariri
  8. Taha Mikati
  9. Najib Mikati
  10. Issad Rebrad
  11. Mohammed Mansour
  12. Suhail Bahwan
  13. Mohammed Al-Fayed
  14. Shahid Khan
  15. Iskander Mukhmodov
  16. Sulaiman Kerimov
  17. People Also Ask
  18. Conclusion

As you read this article about the richest muslims in the world, you will learn about Muslims who have done well in business.

However, Muslims continue to do well in business, and here is a list of the ten richest and wealthiest Muslims you should be aware of.

The world's richest people have had a hard year. The number of billionaires has dropped from 2,755 in 2022 to 2,668 in 2023. This year, 329 people dropped off the list, and 236 new people joined. In 2022, the world's billionaires had a total net worth of $12.7 trillion, which was less than the $13.1 trillion they had in 2022.

Richest Muslims In The World

In the Middle East, the list of the richest Arabs in 2023 is mostly the same as the list from 2022.

With a net worth of $7.7 billion, Nassef Sawiris is the richest Arab in the world. Compared to 2022, he lost $600 million in wealth, making him the biggest loser among Arab billionaires this year. This is mostly because the share price of Adidas, which Sawiris owns 6% of, has gone down.

Issad Rebraband his family are the second-richest Arabs in the world. They are also the only Algerians on the list. This year, Najib Mikati, the prime minister of Lebanon, and his brother Taha, who is also a politician, have made the most money. Both of them have seen their wealth grow by $700 million. Each of them is worth $3.2 billion.

Al-Waleed Bin Talal

He also started the Rotana media group and is the CEO of Kingdom Holding Company, which has investments in hotels, banking, media, and oil, among other things. He is also a member of the royal family of Saudi Arabia, and as of 2015, he was worth $26.1 billion.

Aliko Dangote

Nigerian billionaire with a net worth of $18.3 billion who runs the Dangote Group, which deals in commodities. The company works with Benin, Cameroon, Ghana, Togo, Tanzania, Zambia, and South Africa, among other African countries.

Zim Hashim Premji

He is the head of a company called Wipro Limited, which used to make hydrogenated cooking fat. It is now worth billions of dollars, and Mr. Premji is worth $17.5 billion, which is a lot of money.

Nassef Sawiris

Nassef Sawiris is an investor and a member of the richest family in Egypt. The most valuable thing he owns is a nearly 6% stake in the company that makes sportswear. In December 2020, he bought a 5% share of the New York-listed company Madison Square Garden Sports, which owns the NBA Knicks and the NHL Rangers.

He runs OCI, which makes nitrogen fertilizer and is one of the biggest companies in the world. It has plants in Texas and Iowa and trades on the Euronext Amsterdam exchange. Orascom Construction is a company that does engineering and construction. It trades on the Cairo Exchangeand the Nasdaq Dubai. He has shares in Adidas and the big cement company Lafarge Holcim, and he is on the board of directors for Adidas.

Hamad Bin Jassim Al-Tani

Hamad bin Jassim Al Thani was Qatar's prime minister from 2007 to 2013. From 1992 to 2013, he was also the country's foreign minister. Modern Qatar was started by his great uncle in 1971, and he is the cousin of the current Emir. Al Thani owns 3% of Deustche Bank through a company called Paramount Services Holdings. This is his biggest publicly traded holding. In 2016, he was mentioned in the "Panama Papers," which were leaked files from Mossack Fonseca, a law firm in Panama that helped clients set up offshore companies.

Ayman Hariri

Ayman Hariri is the son of Rafik Hariri, who was the prime minister of Lebanon until he was killed in 2005. He got a piece of his father's Saudi construction company, Saudi Oger, when he died. In 2014, he sold it to his brother Saad. In 2017, he sold a 42 percent stake in GroupeMed, the family holding company, for $535 million.GroupeMed is involved in banking and real estate.

He invests in new businesses through a company in New York called Red Sea Ventures. One of its investments was the smart thermostat Nest, which is now owned by Google. He helped start Vero and is now its CEO. Vero is a social media site without ads where people can share music, videos, and photos.

Ayman hariri in a summit
Ayman hariri in a summit

Taha Mikati

Taha Mikati and his billionaire brother Najib started the holding company M1 Group in Beirut. It has shares in the South African telecom company MTN, the clothing store Pepe Jeans, and prime real estate in New York, London, and Monaco. Mikati and his brother Najib started Investcom in 1982. At the time, Lebanon was in the middle of a civil war, and they sold satellite phones.

They moved into Africa, where they built cell phone towers in Ghana, Liberia, and Benin, among other places. In 2005, Investcom went public on the London Stock Exchange. In 2009, South Africa's MTN paid $3.6 billion for Mikatis' share.

Najib Mikati

Najib Mikati and his billionaire brother Taha started the investment firm M1 Group in Beirut. It has shares in the South African telecom company MTN, the clothing store Pepe Jeans, and real estate in New York, London, and Monaco. Mikati and his brother Taha started Investcom in 1982. At the time, Lebanon was in the middle of a civil war, and they sold satellite phones.

They moved into Africa, where they built cell phone towers in Ghana, Liberia, and Benin, among other places. In 2005, Investcom went public on the London Stock Exchange. In 2009, South Africa's MTN paid $3.6 billion for Mikatis' share.

Issad Rebrad

Issad Rebrab started and runs Algeria's largest privately held company, Cevital. Cevital owns one of the world's largest sugar refineries, which can make up to 2 million tons of sugar a year.

Cevital owns several European companies, such as the French company Groupe Brandt, which makes home appliances; an Italian steel mill; and a German company that cleans water. Rebrab got out of jail on January 1, 2020. He had been charged with corruption and sent to jail for eight months. He says he did nothing wrong.

Mohammed Mansour

Mohamed Mansour runs the 60,000-person Mansour Group, which was started by his father Loutfy (who died in 1976) in 1952. In 1975, Mansour opened General Motors dealerships in Egypt. He went on to become one of the biggest GM distributors in the world. Mansour Group is also the only company in Egypt and seven other African countries that can sell Caterpillar equipment. Under Hosni Mubarak, he was Egypt's Minister of Transportation from 2006 to 2009. His brothers, Yasseen and Youssef, are also billionaires and own part of the family business. His son Loutfy is in charge of the private equity arm of the family business, which is called Man Capital.

Suhail Bahwan

Suhail Bahwan started and is the chairman of the Suhail Bahwan Group, which is one of Oman's biggest business groups. It makes a lot of fertilizer and makes 1.3 million tons of urea every year.

It also owns car lots for Nissan and BMW. In 1965, he and his brother Saud started a business selling fishing nets and building materials. In 1975, they got the Toyota dealership. In 2002, he broke up with his brother. His brother kept the Toyota dealership and gave it to his son Mohammed after he died.

Mohammed Al-Fayed

Mohamed al-Fayed was born in Alexandria, Egypt. In the 1960s, he moved to the United Kingdom, where he made a lot of money. He is best known as the former owner of London's Harrod's department store, which he reportedly sold to Qatar for $2.4 billion in 2010. He is the owner of the famous Ritz Paris hotel.

It reopened in 2016 after being fixed up for four years. Suites are named after famous people who have stayed there, such as Coco Chanel. In 2013, Al Fayed reportedly sold Fulham Football Club to Shahid Khan, a billionaire from the auto parts industry in the United States, for $300 million.

Shahid Khan

A businessman who is both Pakistani and American and is worth $4.5 billion He is the owner of the Flex-N-Gate auto parts company in Urbana, Illinois, the National Football League's (NFL) Jacksonville Jaguars, and Fulham F.C. of the English Football League Championship.

Iskander Mukhmodov

Is a businessman with Uzbek roots who is worth $1 billion. He is one of the most important owners of the second-largest copper producer in Russia and the fourth-largest non-ferrous metallurgical company in the country.

Sulaiman Kerimov

This Russian businessman is worth $3 billion. He made most of his money by investing in the banking and airline industries. Since 2008, he has been a politician for his home country of Dagestan in the Federation Council of Dagestan. He got rich by borrowing money from utility companies that did well when the Russian economy got better in the 1990s.

Senator Suleyman Kerimov
Senator Suleyman Kerimov

People Also Ask

How Many Arab Billionaires Are There?

The cohort of the world's richest Arabs largely remains the same as in 2021. There are 21 Arab billionaires in the world this year, but there will be 22 in 2021. Combined, the cohort has seen its aggregate fortune decline fractionally to $52.9 billion in 2022, compared to $53.4 billion a year earlier.

Who Is Trillionaire In The World?

A person's net worth is the amount of their assets minus their debts. This includes their business interests, investments, and personal property. No one has yet claimed the title of "trillionaire," although the speed at which the world's wealthiest individuals have grown their fortunes suggests that it could happen in just a few years.

Who Is Successful In Islam?

Just how does Islam define success? In his traditions, Prophet Muhammad tells us that the one who has accepted Islam is successful, as is the one who has been provided with sufficient for his wants and is content with what God has given him.

Conclusion

These were the world's top richest Muslims in the world. Read PureNetWorth to learn more about the incredible wealth of the world's billionaires. We hope you like this article. We went from Arabs to Russian-Muslims and saw some of the best businessmen in the world.

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