Wednesday, December 18, 2013

Kuwait ranks 3rd among Middle East billionaires

The Wealth-X and UBS Billionaire Census 2013 ranked Kuwait as third in the Middle East in terms of the number of billionaires, reports Al-Nahar daily. Saudi Arabia came in first with 64 billionaires whose total wealth is estimated at $204 billion, followed by the United Arab Emirates (UAE) with 37 billionaires whose total wealth is estimated at $45 billion, Kuwait with 17 billionaires whose total wealth is estimated at $37 billion, Qatar with nine billionaires whose total wealth is around $20 billion, Lebanon with eight billionaires, Jordan with two billionaires, and then Bahrain and Yemen with one billionaire each.

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