15 richest Saudis make Forbes' 2025 billionaires list
Published April 4th, 2025 - 05:48 GMT
ALBAWABA – Fifteen of the wealthiest Saudi men were recently added to Forbes' 2025 Billionaires List, which tracks the daily ups and downs of the world's richest people through its Real-Time Billionaires rankings. Also Read Forbes cover claims Ismail Haniyeh has $4B wealth, turns out fake Saudi richest businessmen listed on Forbes' 2025 billionaires list
Forbes magazine released its annual list of the world's richest people for 2025. The new list includes the names of 15 prominent Saudi businessmen from various sectors, including energy, healthcare, pharmaceuticals, banks, and retail.Notably, Prince Al Waleed bin Talal Al Saud, the Saudi billionaire businessman, investor, philanthropist, and member of the House of Saud, topped Forbes' 2025 Billionaires List with a net worth of approximately $16.5 billion.
Dr. Sulaiman Al Habib, founder of the Al Habib Medical Group, ranks second on the list with a total fortune of nearly $10.9 billion. The list also features three members of the Al-Muhaidib Group and family, with a combined net worth of nearly $7.4 billion.
Dr. Sulaiman Al Habib, founder of the Al Habib Medical Group, ranks second on the list with a total fortune of nearly $10.9 billion. (Shutterstock)
Mohammad Abdullah Abunayyan, Chairman of the board of directors of ACWA Power, ranked sixth on Forbes' 2025 billionaires list with a fortune estimated at $3.2 billion.Abdullah bin Sulaiman Al Rajhi, chairman of Al Rajhi Bank, and Abdullah Al-Othaim, chairman and founder of Abdullah Al-Othaim Markets, both ranked 8th on the list, with an estimated wealth of $2.5 billion each.Moreover, the list features several other names, including Abdullah Amer Al Nahdi, founder and vice chairman of Nahdi Medical, Saudi Arabia's largest chain of pharmacies, with a fortune of nearly $2.3 billion. Waleed bin Ibrahim Al Ibrahim, a Saudi businessman and founder and chairman of the Middle East Broadcasting Center (MBC Group), follows with an estimated wealth of $1.4 billion.Other notable figures include Khalid Abdul Rahman Saleh Al-Rajhi, chairman and CEO of Abdulrahman Saleh Al Rajhi & Partners Co. Ltd, with a net worth of about $1.2 billion, and Yousuf Mohammad Salah Jamjoom, founder and board member of Jamjoom Pharmaceuticals Factory, one of Saudi Arabia's largest producers of over-the-counter medicines, with a fortune estimated at $1.2 billion.
Finally, Forbes' 2025 Billionaires List highlighted Hamad Ali Al-Sagri, vice chairman and managing director of Leejam Sports, which operates a chain of gyms and sports centers in Saudi Arabia and the UAE, with a fortune of $1.1 billion. Also Read Meet the Bahraini Business Women Who Made It to Forbes List
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