The 7 Richest People of the Middle East

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Western countries aren’t the only ones to boast billionaires. Here are just seven of the richest people in the east, and what’s more, here’s how they did it and how you can do it, too.

1. Nassef Sawiris

The next time you think you can’t get rich working construction, think again. Nassef Sawiris started his career as a mere overseer, the third son of a famous tycoon who was forced to watch over real estate projects controlled by everyone else in his family. He eventually broke free and did his own thing, amassing billions in the process and proving himself as a force to be reckoned with among his relatives.

2. Eyal Ofer

One of the wealthiest people in Israel, Eyal Ofer made his billions through real estate. He’s a far cry from the realtors you see plastering their faces on billboards and hoping desperately to reel in a client! Ofer is pretty much the single most recognizable man in the Israeli real estate market. Even if you don’t know him by sight, you know his legacy. He’s completely shaped the market in his image.

3. Mohammed Al Amoudi

The fortune of Mohammed Al Amoudi is currently estimated at about 10 billion. Before you whistle, however, bear in mind that Amoudi has eight children, so his wealth will be broken down and divided among his family once he passes on. His children will inherit immense riches and all of his oil businesses.

4. Murat Ulker

Murat Ulker and his sister, Ahsen Ozokur, have both been recognized by Forbes as Turkish billionaires. Their success started with a simple dairy farm and eventually grew into a diversified portfolio that includes everything from real estate to personal grooming products, so the moral of the story is this: Don’t be afraid to embrace new opportunities as they come.

5. Arnon Milchan

You may recognize Arnon Milchan as a name from Hollywood. Having lent a hand to productions like “Gone Girl” and “Birdman,” Milchan has thoroughly turned things around from his days of being a poor businessman on the edge of bankruptcy. He’s now worth millions if not billions of dollars, and he stands as one of the most prominent rags-to-riches stories of the Middle East.

6. Ehsan Bayat

A self-made man, Bayat put himself through school and opened his own wireless communication company. It still stands today as one of the most famous of its kind, and Bayat himself has earned a comfortable fortune that allows him to donate to charity and invest in passion projects in addition to funding his own business.

7. Prince Alwaleed Bin Talal Alsaud

The single richest person in the Middle East, prince Alwaleed Bin Talal Alsaud is worth a staggering 30 billion dollars. How did he amass such a fortune? For starters, he was born into wealth as part of the royal family; on a second, even more important note, he made a series of smart investments throughout his life, proving the old adage that you have to spend money to make money.

These are just seven of the wealthiest people overseas. As you can see, their interests, investments and backgrounds are quite varied, so there’s no single path to success. It just takes a little bit of luck and a lot of dedication to your work. Good luck making your own fortune!

 

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