We know that Qatar is one of the most expensive countries. It shouldn’t be surprising that some of the world’s richest call it home. One of the 2,755 wealthiest individuals on the Forbes 2021 list is a Qatari. Most members of this elite group come from reputedly rich Qatari families that have been in charge of international corporations for many generations.
Fishing and pearling were the main industries in the Qatari region prior to the discovery of oil. The overall revenue from pearl hunting in 1892 was 2,450,000 kran, according to a report written by provincial rulers of the Ottoman Empire.
Since the start of time, this wonderful country has been able to soar to the top of the list in the sectors that drive economic development. To win the hearts and minds of the entire world, excellent individuals from Qatar have established businesses, networks, and industries.
The top ten wealthiest individuals in Qatar
Also, the billionaires in Qatar have built their money by creating jobs and overcoming obstacles to become who they are today.
- Sheikh Abdullah Bin Mohamed Bin Saud Al Thani
- Sheikh Ahmed bin Saeed Al Maktoum
- Akbar Al Baker
- Hamad bin Jassim bin Jaber Al Thani
- Tamim bin Hamad Al Thani
- Wissam al-Mana
- Sheikh Faisal Qassim Faisal Al Thani
- Khalid Bin Hamad Bin Abdullah Al Thani
- Khalid bin Hamad Al Thani
- Saad Sherida Al Kaabi
1. Sheikh Abdullah Bin Mohamed Bin Saud Al Thani
Sheikh Abdullah Bin Mohamed Bin Saud Al Thani is Qatar’s richest person. The head of the Qatar Central Bank and the current governor is Sheikh Abdulla bin Mohammed bin Saud Al Thani. Also, he has held the positions of Chairman of the Ooredoo Group’s Board of Directors and Minister of State.
From 2014 to 2018, Al Thani served as the Qatar Investment Authority’s Chief Executive Officer. The head of the Qatar Central Bank and the current governor is Sheikh Abdulla bin Mohammed bin Saud Al Thani. He has stock in Credit Suisse, Total, and Canary Wharf in London. He is thought to be worth $2.5 billion.
2. Sheikh Ahmed Bin Saeed Al Maktoum
The CEO and founder of the Emirates Group is an Emirati politician named Sheikh Ahmed Bin Saeed Al Maktoum. He presently holds the positions of president of the Noor Takaful Insurance Company and the Dubai Civil Aviation Authority. One of the largest airline firms in the world is Emirates Airways, owned by Al Maktoum. He is thought to have a $37.8 billion net worth.
3. Akbar Al Baker
One of Qatar’s richest and most powerful men is Al Baker. He presently serves as both the Secretary-General of the Qatar National Tourism Council and the group CEO of Qatar Airways. Additionally, he was a key developer for the 2014-opened Hamad International Airport. Al Baker, like Sheikh Ahmed Bin Saeed Al Maktoum, is credited with revolutionizing the global airline business.
4. Hamad Bin Jassim bin Jaber Al Thani
From April 3, 2007, to June 26, 2013, Hamad bin Jassim bin Jaber Al Thani served as Qatar’s prime minister. He concurrently served as the nation’s foreign minister until 2013. Based on Forbes, he has a net worth of approximately 106 crore US dollars, which puts him at number five on this list.
5. Tamim bin Hamad Al Thani
The list of the wealthiest people in Qatar includes Tamim bin Hamad al-Thani. He was born on June 3rd, 1980, in Doha, and he is currently the Amir of Qatar. He is Hamad Bin Khalifa Al Thani, the Emir’s fourth son. On June 25, 2013, he was appointed Qatar’s eighth Amir. According to Forbes, Tamim bin Hamad Al Thani has a net worth of more than 177 crores USD.
6. Wissam Al Mana
Famous businessman Wissam Saleh Al Mana is based in Qatar, yet his enterprises span the globe. He is the executive director of the Al Mana Group, a partnership established in Qatar that primarily serves the GCC region. His companies engage in endeavors related to media, engineering, real estate, investments, food & drinks, services, and vehicles. Al Mana, who was born in 1975, wed Janet Jackson in 2012 before divorcing her in 2017.
7. Sheikh Faisal Qassim Faisal Al Thani
In addition, Sheikh Faisal Qassim Faisal Al Thani is one of Qatar’s wealthiest citizens. He presently serves as chairman of Al Faisal Holding, one of Qatar’s largest businesses, established in 1964. Additionally, he is the proprietor of more than 20 foreign hotels around the globe. At the age of 16, he reportedly began selling auto parts. By the 1960s, he was the only dealer of Bridgestone tires. His monetary worth is $1.77 billion.
8. Khalid Bin Hamad Bin Abdullah Al Thani
The list of the richest people in Qatar includes Sheikh Khalid Bin Hamad Bin Abdullah Al Thani. Sheikh Khalifa bin Hamad Al Thani, his half-brother, chose Khalid Bin Hamad Abdullah Al Thani, who was born in 1935, to be the interior minister. According to a source, his net worth is approximately $800 million.
9. Khalid Bin Hamad Al Thani
One of the richest individuals in Qatar is Khalid Bin Hamad Al Thani, also referred to as the Qatari drag racer. He was one of Qatar’s earliest Formula One racers. To promote the drag racing scene in Qatar, he has made significant investments in Al-Anabi Racing. He also goes by the name “Patron Sheikh,” and according to estimates, he is worth 167.59 million dollars.
10. Saad Sherida Al Kaabi
In the list of the richest people in the nation, Sherida Al Kaabi is also ranked. He currently serves as Qatar’s Minister of Energy and formerly served as President and CEO of Qatar Petroleum. This state-owned company manages all the nation’s oil and gas operations. He earned his petroleum and natural gas engineering degree from Pennsylvania State University in 1986.
Who is Qatar’s richest person?
Nassef Sawiris is the richest Arab, with a net worth of $7.7 billion. His wealth fell by $600 million compared to 2021, making him the biggest loser among the Arab billionaires this year.
How many millionaires are in Qatar?
Among the most generous of the Middle East states, Qatar is home to nearly 50,000 millionaires, and 17.5% of all Qataris are US-dollar millionaires.
Which Arab country is the richest?
Qatar, Middle East: Qatar is currently the wealthiest country in the Arab world (based on GDP per capita).
Why is Qatar so rich?
The pillars of Qatar’s economy, petroleum and natural gas, contribute more than 70% of all government revenue, more than 60% of the country’s GDP, and around 85% of its export earnings. Qatar is the second-largest exporter of natural gas and has the third-largest known natural gas reserve in the world.