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This is a list of Kuwaiti billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine. [1]
World Rank (Forbes) | Name | Citizenshipa no p | Net worth (USD) | Source of wealth |
---|---|---|---|---|
#1 | Nasser Al-Khairfai [2] | Kuwait | $10.0> billion | Diversified |
As a result of the COVID-19 pandemic, a large number of Kuwaiti billionaires have been dropped out of the Forbes list of Kuwaiti billionaires.
World Rank (Forbes) | Name | Citizenship | Net worth (USD) | Source of wealth |
---|---|---|---|---|
#1500 | Nasser Al-Kharafi | Kuwait | $1.25 billion | diversified |
#1500 | Jassim Al-Kharafi | Kuwait | $1.25 billion | diversified |
#1500 | Mohannad Al-Kharafi | Kuwait | $1.25 billion | diversified |
#1712 | Bassam Alghanim | Kuwait | $1.05 billion | diversified |
#1712 | Kutayba Alghanim | Kuwait | $1.05 billion | diversified |
A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
Nasser Al-Kharafi was a Kuwaiti businessman of M. A. Kharafi & Sons.
M.A. Kharafi & Sons is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at $3.3 billion. The company was run by Nasser Al-Kharafi until his death in 2011. On April 15, 2006, the US doughnut retailer Krispy Kreme announced that MA Kharafi & Sons bought a 6.7 percent stake or 4.13 million shares. Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. In 2011 the Kharafi family was listed at 77th position in the Forbes magazine's list of the richest people in the world.
Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion.
The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
The World's Billionaires 2014 edition was 28th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people, excluding royalty and dictators, as of February 12, 2014. It was released online on March 3, 2014.
The World's Billionaires 2015 edition was the 29th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people. The new list was released online on March 2, 2015. As of 2015, Bill Gates had been placed at the top of this list 16 times.