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.

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.

Updated: April 17, 2016, 12:00 AM