05 May, 2006

Forbes ranking of billionaires

Link: CNN

Kings and sheikhs of the oil-rich Gulf Arab states still top the Forbes list [of individual net worth], to be published in its May 22 edition.

Saudi King Abdullah is number one with an estimated $21 billion, followed by Sultan Hassanal Bolkiah of Brunei at $20 billion and United Arab Emirates' President Sheikh Khalifa bin Zayed al-Nahayan at $19 billion.
Perhaps the most industrious of the leaders listed is Sheikh Mohammed bin Rashid al-Maktoum, ruler of Dubai, with a net worth of $14 billion.

Forbes estimates the renowned racehorse breeder also helped raise Dubai's gross domestic product from about $8 billion to nearly $40 billion since 1994 by diversifying its industries outside of oil and making successful investments overseas.

No comments:

Post a Comment

NOTE: By making a post/comment on this blog you agree that you are solely responsible for its content and that you are up to date on the laws of the country you are posting from and that your post/comment abides by them.

To read the rules click here

If you would like to post content on this blog click here