2011 was the year the world’s richest got poorer - but not in the Middle East, where the richest increased their worth to USD 1.7 trillion. CONTINUE READING

Scridb filter

Related posts:

1. Forbes Billionaires’ List: Middle East’s Richest Lost Big Last Year Middle East's 30 richest people collectively lost USD5-billion, according to Forbes data. In all, sixteen billionaires lost part of their fortunes last year. Find out who lost and gained the...
2. OPEC Set To Rake In $1 Trillion In Revenues Members of the Organization of the Petroleum Exporting Countries (OPEC) could earn an estimated USD1,171 billion of net oil export revenues in 2012 and USD1,133-billion in 2013, according to the...
3. Middle East States’ Foreign Assets To Hit $2.2 Trillion By Year End: IIF The Arab World’s foreign assets will rise to a stunning $2.2-trillion this year, says the IIF. But the key to growth in the region will not be financial resources but...
4. Did Gaddafi Die As The Richest Man In The World? While the world fixates on whether Colonel Gaddafi died as the richest man in the world, with $200-billion ferreted away, ordinary Libyans focus on pulling themselves out of poverty in...
5. Sovereign Wealth Fund Assets Set To Hit $5 Trillion Sovereign wealth funds' assets grew by USD500-billion in 2011 to reach USD4.6 trillion, according to the latest Preqin Sovereign Wealth Fund report. ...