- Rich Muslim individuals are almost everywhere in the World.
- Middle-Eastern countries like Saudi Arabia and UAE have the most number of ultra-rich Muslim people.
- Al Waleed bin Talal Al Saud is the richest Muslim on the planet.
- Most of the top 10 richest Muslims in the world make their fortune by running successful businesses.
It is often said that money doesn’t see religion. Rightly so because we have super rich people in every religion. Islam is the second most popular religion in the world. Many of its followers are immensely wealthy.
All of these individuals have achieved remarkable financial prosperity through their hard work, determination, and entrepreneurial spirit. They are making their countries as well as religion proud.
Today’s post is about the 10 Richest Muslims in the World. We will discuss who they are and how they made their fortune. So, get ready to be amazed and inspired by their journey.
List of 10 Wealthiest Muslims in the World in 2023
|Rank||Name of the billionaire||Net Worth|
|1||Prince Al-Waleed Bin Talal||$26.1 Billion|
|2||Aliko Dangote||$18.3 Billion|
|3||Azim Hashim Premji||$17.5 Billion|
|4||Nassef Sawiris||$7.4 Billion|
|5||Issad Rebrab||$4.6 Billion|
|6||Hussain Sajwani||$4.5 Billion|
|7||Mohamed Mansour||$3.6 Billion|
|8||Naguib Sawiris||$3.3 Billion|
|9||Abdulla Al Ghurair||$3 Billion|
|10||Najib Mikati||$2.8 Billion|
Details of the World’s Wealthiest Muslims
1. Prince Al Waleed bin Talal Al Saud
|Full Name||Al Waleed bin Talal Al Saud|
|Occupation||Chairman and CEO of Kingdom Holding Company|
|Net Worth||$26.1 Billion|
Al Waleed bin Talal Al Saud is a member of Saudi Arabia’s royal family. By far, he is the richest Muslim in the world. He has inherited a large amount of money. However, the biggest chunk of his wealth comes from his 95% stack in the Kingdom Holding Company.
This company has investments in hospitality, tourism, financial services, mass media, agriculture, retail, technology, petrochemicals, aviation, and real estate sectors. Gulf Business listed him in the top 100 most powerful Arabs from 2013 to 2021.
2. Aliko Dangote
|Full Name||Aliko Dangote|
|Occupation||Businessman and Industrialist|
|Net Worth||$18.3 Billion|
According to the Bloomberg Billionaires Index, Aliko Dangote is the richest person in Africa and the Wealthiest black person in the world. He is a Nigerian businessman and industrialist. In 2007, he became Nigeria’s first billionaire and the rest is history. Aliko is the founder and CEO of Dangote Group. It is the biggest Industrial conglomerate in West Africa.
3. Azim Hashim Premji
|Full Name||Azim Hashim Premji|
|Occupation||Founder and Chairman of Wipro|
|Net Worth||$17.5 Billion|
Azim Premji is one of the most famous businessmen in India. He is the chairman of Wipro Limited. Many experts also call him the Czar of the Indian IT industry. Premji is also famous for his donations. In 2013, he donated nearly half of his wealth. After another donation in 2019, he slipped from the 2nd position to the 19th position in the Forbes India Rich list.
4. Nassef Sawiris
|Full Name||Nassef Sawiris|
|Net Worth||$7.4 Billion|
Nassef Sawiris is an Egyptian billionaire. He is the current chairman of Orascom Construction Industries and CEO of OCI N.V. Most of his wealth is derived from his smart investments in the construction and fertilizer industries. Just like Premji, Sawiris is also involved in various charitable causes in Egypt and around the world. According to Forbes, he is the richest Egyptian and fourth richest African.
5. Issad Rebrab
|Full Name||Issad Rebrab|
|Net Worth||$4.6 Billion|
Issad Rebrab is an Algerian business tycoon. He is the CEO of Cevital Industrial Group. It is the largest private company in Algeria. He has invested in a variety of sectors including agribusiness, retail, and manufacturing.
His business took a jolt in 2019 when he was accused of tax, banking, and customs offenses. He is an ideal example of how your risk-taking ability and entrepreneurial spirit can make you incredibly rich.
6. Hussain Sajwani
|Full Name||Hussain Sajwani|
|Net Worth||$4.5 Billion|
Hussain Sajwani is one of the richest Arab Muslims in the World. He is the founder and chairman of DAMAC Properties. Based in Dubai, DAMAC Properties is known for developing some of the finest infrastructures in the world including a golf course designed by Tiger Woods, Paramount Hotels and Resorts in partnership, etc.
Gulf Businesses listed Hussain Sajwani among the 100 most globally influential Arabs in 2017, 2018, and 2020.
7. Mohamed Mansour
Mohamed Mansour is one of the wealthiest and most powerful people in Egypt. He is the owner of nine of Egypt’s top Fortune 500 companies. He was born with a silver spoon in the most prominent business families in Alexandria. In May 2023, he made headlines by donating £5 million to the United Kingdom’s Conservative Party. This is the largest donation to the party in over 20 years.
|Full Name||Mohamed Mansour|
|Occupation||Chairman of Mansour Group|
|Net Worth||$3.6 Billion|
8. Naguib Sawiris
|Full Name||Naguib Onsi Sawiris|
|Occupation||CEO Orascom Investment Holding S.A.E.|
|Net Worth||$3.3 Billion|
Born in 1954, Naguib Sawiris is a top businessman from Egypt. He is the CEO of Orascom Investment Holding S.A.E. He joined his family business in the late 1970s and took it to new heights within a short span of time. In 2014, Sawiris stunned the business world by raising$4 billion when he sold his share in his telecommunications companies to Russian company Vimplecom.
9. Abdulla Al Ghurair
|Full Name||Abdulla bin Ahmad Al Ghurair|
|Occupation||Founder and Chairman of Mashreqbank|
|Net Worth||$3 Billion|
Abdulla Al Ghurair is the founder and chairman of Mashreqbank. It is one of the largest and oldest privately owned banks in the United Arab Emirates. The Arab League Educational, Cultural, and Scientific Organization (ALECSO) appointed him the first Goodwill Ambassador for education in the Arab world in 2016. Ghurair also donates millions of dollars through his charitable organization called Abdulla Al Ghurair Foundation.
10. Najib Mikati
|Full Name||Najib Azmi Mikati|
|Occupation||Politician and Businessman|
|Net Worth||$2.8 Billion|
We all know Najib Mikati as the prime minister of Lebanon. However, do you know he is also one of the richest Muslims? Before entering into politics in 1998, he was a renowned businessman. He is the co-founder of Investcom which was one of the largest telecommunication companies in South Africa. Mikati also invested in other sectors like gas, transport, oil, and real estate.
Frequently Asked Questions
Prince Al-Waleed Bin Talal
Yes, most of these richest Muslims are self-made entrepreneurs.
No, many rich Muslims are also from African, European, and American countries.
Qatar (In terms of GDP per capita)