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Ranked: The Richest People In The Middle East, 2021

Middle East

With a net worth of roughly $19.1 billion, Alwaleed bin Talal Al Saud is the richest person in the Middle East for 2021, followed by Eyal Ofer (No. 2, $11.5 billion), John Fredriksen (No. 3, $11 billion); and Nassef Sawiris (No. 4, $9.2 billion).

Idan Ofer is the fifth-richest person in the Middle East, with $6.5 billion. Stef Wertheimer ranked 6th with a personal wealth of $6.2 billion, followed by Murat Ulker with $6 billion. Teddy Sagi is placed 8th with a net worth of $5.4 billion. Yuri Milner ($4.8 billion) occupied the 9th position on the top 10 richest people in the Middle East list, followed by Yakir Gabay (No. 10, $4.6 billion).

Ranked: The Richest People In The Middle East, 2021

1Al Waleed bin Talal Al Saud$19.1 billionSaudi Arabia
2Eyal Ofer$11.5 billionIsrael
3John Fredriksen$11 billionCyprus
4Nassef Sawiris$9.2 billionEgypt
5Idan Ofer$6.5 billionIsrael
6Stef Wertheimer$6.2 billionIsrael
7Murat Ulker$6 billionTurkey
8Teddy Sagi$5.4 billionIsrael
9Yuri Milner$4.8 billionIsrael
10Yakir Gabay$4.6 billionCyprus
11Shari Arison$4.5 billionIsrael
12Erman Ilicak$3.8 billionTurkey
13Shaul Shani$3.8 billionIsrael
14Majid Al Futtaim$3.7 billionUnited Arab Emirates
15Arnon Milchan$3.7 billionIsrael
16Naguib Sawiris$3.1 billionEgypt
17Gil Shwed$3 billionIsrael
18Yitzhak Tshuva$2.9 billionIsrael
19Abdulla bin Ahmad Al Ghurair$2.8 billionUnited Arab Emirates
20David Wertheim$2.7 billionIsrael
21Ferit Faik Sahenk$2.7 billionTurkey
22Taha Mikati$2.7 billionLebanon
23Najib Mikati$2.7 billionLebanon
24Suhail Bahwan$2.6 billionOman
25Hussain Sajwani$2.5 billionUnited Arab Emirates
26Filiz Sahenk$2.5 billionTurkey
27Mohamed Mansour$2.5 billionEgypt
28Nihat Ozdemir$2.3 billionTurkey
29Sezai Bacaksiz$2.3 billionTurkey
30Abdulla Al Futtaim$2.2 billionUnited Arab Emirates
31Michael Federmann$2.2 billionIsrael
32Hamdi Ulukaya$2 billionTurkey
33Shmuel Harlap$2 billionIsrael
34Bahaa Hariri$2 billionLebanon
35Ibrahim Erdemoglu$1.8 billionTurkey
36Mustafa Kucuk$1.8 billionTurkey
37Semahat Sevim Arsel$1.8 billionTurkey
38Mohamed Al Fayed$1.8 billionEgypt
39Mustafa Rahmi Koc$1.7 billionTurkey
40Faisal Bin Qassim Al Thani$1.7 billionQatar
41Ali Erdemoglu$1.6 billionTurkey
42Hamdi Akin$1.6 billionTurkey
43Husnu Ozyegin$1.6 billionTurkey
44Shalom Meckenzie$1.6 billionIsrael
45Liora Ofer$1.6 billionIsrael
46Ahmet Calik$1.5 billionTurkey
47Bulent Eczacibasi$1.5 billionTurkey
48Drorit Wertheim$1.5 billionIsrael
49Marius Nacht$1.5 billionIsrael
50Zadik Bino$1.5 billionIsrael
51Mori Arkin$1.5 billionIsrael
52Youssef Mansour$1.5 billionEgypt
53Ipek Kirac$1.4 billionTurkey
54Faruk Eczacibasi$1.4 billionTurkey
55Deniz Sahenk$1.4 billionTurkey
56Robert Mouawad$1.4 billionLebanon
57Hamad bin Jassim bin Jaber Al Thani$1.4 billionQatar
58Shay Banon$1.4 billionIsrael
59Amnon Shashua$1.4 billionIsrael
60Danna Azrieli$1.4 billionIsrael
61Ziv Aviram$1.4 billionIsrael
62Mehmet Aydinlar$1.3 billionTurkey
63Ayman Hariri$1.3 billionLebanon
64Sefik Yilmaz Dizdar$1.2 billionTurkey
65Stelios Haji-Ioannou$1.2 billionCyprus

Lyft, Twitter, Citigroup, and Four Seasons Hotels & Resorts are all owned by Prince Alwaleed bin Talal Al Saud. He joined Bill Gates’ Breakthrough Energy Coalition in December, promising to invest $50 million. Deriving wealth from a variety of sources brought his net worth to $19.1 billion.

Eyal Ofer is the chairman of Ofer Global, a shipping, real estate, technology, banking, and investing corporation located in Monaco. In 2011, he inherited a portion of his late father’s shipping company and has considerably increased his interests. Eyal and his brother Idan, also a billionaire, are the sons of Israel’s former richest man. His net worth is $11.5 billion.

The Middle East, a region that encompasses many countries, including Bahrain, Cyprus, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Syria, Turkey, Yemen, Saudi Arabia, and the United Arab Emirates is known for its oil-derived wealth. CEOWORLD magazine put together a panel of experts to go over data points culled from virtually every reputable wealth tracking media outlet including Bloomberg, The Richest, Money Inc, Cheat Sheet, GOBankingRates, Celebritynetworth, Wealthygorilla, Forbes, and more. The wealth of many Middle Eastern individuals — particularly heads of state — is unknown — because nobody knows just how rich ghey are. Based on a consensus from these sources, the final decision for ranking was judged editorially. All data is for the most recent period available. Some were not included in the official statistics for various reasons, primarily due to the lack of necessary data. With these limitations in mind, CEOWORLD magazine rounded up the wealthiest people in the Middle East. Here are the richest people in the Middle East — that we know of.

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Sophie Ireland
SVP for News and Editorial Director. As CEOWORLD magazine's senior vice president for news and editorial director, Sophie Ireland oversees CEOWORLD magazine's journalism and journalists around the world and across platforms. She leads an award-winning team of journalists and newsroom executives who are committed to excellence, innovation and the highest quality reporting and storytelling. Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at