Wealthiest Arabs in the world 2016 – graphic

The past year was unkind to billionaires all over the world, including the Middle East, where Arab billionaires saw their net worth drop by 23.8 per cent from a year ago, according to Forbes.

Saudi billionaire Prince Waleed bin Talal. Reuters
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The past year was unkind to billionaires all over the world, including the Middle East, where Arab billionaires saw their net worth drop by 23.8 per cent from a year ago, according to Forbes. However, Forbes Middle East added five new billionaires to its list.