List of Worlds Richest People

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Abdul Aziz Al Ghurair

Abdul Aziz Al Ghurair (born 1954), of the United Arab Emirates, is the Chief Executive Officer of the publicly traded MashreqBank, the family's most valuable holding -- worth an estimated $8 billion. Head of Mashreqbank, a leading United Arab Emirates commercial bank founded by his father during the Gulf's first oil boom in the 1960's. Bank profits were down across the region this year, but family's diverse holdings in real estate, cement, contracting, publishing and petrochemicals, among others, has helped soften the blow. Food division, headed by brother Essa, includes the Middle East's second-largest flour mill and ubiquitous Masafi mineral water. Al Ghurair chairs the Arab Business Angels Network, a nonprofit that seeks to match angel investment funding with startups by Arab entrepreneurs.