United Arab Emirates
The UAE reportedly has 62 billionaires whose total wealth amounts up to $168 billion. This list includes the Emirati businessman Sheikh Majid al Futtaim, the owner of Majid al Futaim group who alone has a net worth of over USD 10 billion. Most billionaires of UAE belong to Dubai.
Saudi Arabia stands number 9 on the list with a total number of 62 billionaires whose wealth amounts to $169 billion. Among these billionaires are Prince Alwaleed bin Talal with a net worth of $18.7 billion and Mohammed Al Amoudi with a net worth of $8.1 billion.
The number of billionaires in the United Kingdom is 90 whose wealth adds up to $251 billion. Most of these billionaires live in London. The richest of these billionaires is the chemical engineer turned business man and financier Jim Ratcliffe.
The semi-autonomous, special administrative region of China has 93 billionaires including businessmen like Li Ka-shing and Lee Shau King whose net worth is $36 Billion and $32.9 billion respectively. The total wealth of the 93 billionaires in Hong Kong is $315 billion. It’s not a coincidence for the small area of Hong Kong to carry so many billionaires despite facing an immense wealth gap. In fact, 1 in every 7 people in Hong Kong is a millionaire.
The number of billionaires in Russia is 96 whose total wealth adds up to $351 billion. The people in the Russian billionaire list include CEO of Novatek Leonid Mikhelson and Vladimir Potanin whose wealth is mostly a result of the controversial loans-for-shares program in Russia from the early 1990s. Their net worth alone is $21.2 billion and $15.2 billion respectively.