Dubai, United Arab Emirates (CNN) – Forbes magazine has released a list of the 5 richest Arab families for the year 2022. The Sawiris family ranked first as the richest family in the Arab region, with a net worth total of $11.2 billion.
The Sawiris family’s wealth decreased by $800 million from March 11, 2022 to December 29, 2022, according to Forbes’ annual list of billionaires.
The Lebanese Mikati family ranked second on the list as the richest family in the region with total wealth of $5.6 billion, decreasing their wealth by $800 million in nearly nine months.
The Mansour family finished in third place after retaining his $5.1 billion fortune, while Algerian Asaad Rebrab and his family achieved the same ranking thanks to the same net worth. And the
The Lebanese Hariri family finished fifth with a $4.7 billion fortune.
Here’s a look at the above infographic on the ranking of the 5 richest families in the Arab region, according to Forbes stats.