Saudi Arabia has 1,265 wealthy people with a total net worth of $230 billion. The United Arab Emirates ranked second with 810 with a total net worth of $120 billion, followed by Kuwait in the third place with 735 individuals with a total net worth of $125 billion and Qatar in the fourth place has 300 with a total net worth of $45 billion. Syria has 215 people whose total net worth was $23 billion.
Overall, the total number of the wealthy in the Middle East reached 4,595 people (population of the Arab world over 367 million in 2012) with a total net worth of $710 billion.
The overall number of millionaires around the world has risen to 18,738 with a total net worth of $25.8 trillion.
Against all this wealth there are millions of people living in extreme poverty. On a global level, the World Bank estimates published at the beginning of March 2012 indicate that the proportion of people living on less than $1.25 per capita/day amounted to about 1.29 billion in 2008, which is equivalent to 22 per cent of the population of the developing world. 43 per cent exist on less than $2 a day
As the old sayings by Imam Ali bin Abi Talib, cousin of Prophet Mohammed, says: "The rich are fortunate at the expense of the poor"
Overall, the total number of the wealthy in the Middle East reached 4,595 people (population of the Arab world over 367 million in 2012) with a total net worth of $710 billion.
The overall number of millionaires around the world has risen to 18,738 with a total net worth of $25.8 trillion.
Against all this wealth there are millions of people living in extreme poverty. On a global level, the World Bank estimates published at the beginning of March 2012 indicate that the proportion of people living on less than $1.25 per capita/day amounted to about 1.29 billion in 2008, which is equivalent to 22 per cent of the population of the developing world. 43 per cent exist on less than $2 a day
As the old sayings by Imam Ali bin Abi Talib, cousin of Prophet Mohammed, says: "The rich are fortunate at the expense of the poor"
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