MENA’s wealth surge: Saudi & UAE to witness over 105% growth in 10 years
In January, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE joined the original BRICS cohort, which comprised Brazil, Russia, India, China, and South Africa...
Tag : billionaires
Abu Dhabi emerges as new haven for billionaires seeking to protect assets
According to data gathered by wealth advice firm M/HQ and reported by the news agency, Abu Dhabi's financial hub now has over 5,000 SPVs, up from just 46 in 2016...
Billionaires collecting more wealth from inheritance than their effort: Study
Around 53 individuals who became billionaires in the 12 months leading up to April of 2023 received a total inheritance of USD 150.8 billion from their families...
Number of billionaires in UAE and Saudi Arabia declines in 2018
Wealth X’s report finds that there are 55 dollar billionaires in the UAE worth $165 billion...