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The Biggest Arab Billionaire Winners And Losers In 2025

Forbes ME December English Issue

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Forbes Middle East - English

A year defined by shifting markets, and geopolitical turbulence reshaped the fortunes of Arab billionaires in 2025. Here are the top gainers and losers of 2025.

- BY HAGAR OMRAN; IMAGES FROM SOURCE

The Biggest Arab Billionaire Winners And Losers In 2025

TOP GAINERS

• Hamad bin Jassim bin Jaber Al Thani

Increase: $1.3 billion • Net Worth: $5.2 billion

Citizenship: Qatari

Al Thani served as Qatar's prime minister from 2007 to 2013 and as foreign minister from 1992 to 2013. His great uncle founded modern Qatar in 1971, and he is a cousin of the current Emir. Al Thani holds a 3% stake in Deutsche Bank, his largest publicly traded investment, through an entity called Paramount Services Holdings. Deutsche Bank's share price has surged 39.5% since March 7, 2025, reaching $35.7 on November 17. The bank's net profits in the first nine months of 2025 jumped 75% year-on-year, hitting $6.5 billion.

image• Othman Benjelloun & family

Increase: $300 million • Net Worth: $1.9 billion

Citizenship: Moroccan

المزيد من القصص من Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

THE RELUCTANT VISIONARY

Sobha Group's Founder, PNC Menon, the U.A.E.'s wealthiest real estate expat billionaire, has built a fully integrated empire of luxury property and interiors. From record 2025 sales to landmark island projects, his next-generation leadership is redefining the region's property landscape.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Jackpot Stock Scare Story

WHAT TO DO IF MUCH OF YOUR WEALTH IS IN A SINGLE ASSET AND YOU DON'T WANT TO BE CLOBBERED BY CAPITAL GAINS TAXES.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Crash-Proof Funds

WORRIED ABOUT A BUBBLE? INNOVATOR CAPITAL HAS 160 ETFS DESIGNED TO LET YOU RIDE THE BULL MARKET WITH YOUR SEAT BELT SECURELY FASTENED.

time to read

4 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

BUILDING BLOCKS

As Founder and Chairman, Rizwan Sajan has grown Danube Group into a multi-vertical conglomerate, cementing its position as one of Dubai's most prominent private-sector developers. His latest move, a Shah Rukh Khan-branded tower, introduces one of Danube's most high-profile projects to date.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Leadership: The Journey Continues

Becoming a leader is not a conclusion, it is the beginning of a journey and the Middle East's business elite is putting its best foot forward.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

PROFITING PERSONALLY

Lili Reinhart rode mainstream media to stardom. Now she's building a huge social media fan base to back her entertainment and skin care bets.

time to read

2 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

UNLOCKING VALUE

Mahmoud AbdelMaksoud, Cofounder and Co-CEO of Nawy Unlocked, is transforming Egypt's rental market by converting idle unfinished units into income-generating homes. After joining Nawy in January 2025 via acquisition, he plans to scale from 300 units to 7,000 within five years.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

AI's Inner Voice

ELEVENLABS' computer voices are so convincing they could fool your mother. That's both a blessing-its 30 Under 30 alumni founders are now both billionaires- and a curse for the four-year-old company.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Inside the Everything Bubble

FROM AN AI-FUELED STOCK RALLY TO RECORD-HIGH GOLD, THE SIGNS ARE STACKING UP THAT NEARLY EVERY ASSET CLASS IS DUE FOR A RECKONING.

time to read

1 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Investment, Innovation, Ambition: The GCC Logistics Sector Is Evolving

In a context of economic diversification, shifting trade patterns, and advancing technology, the GCC is developing a logistics sector that is fit for the future.

time to read

4 mins

Forbes ME December English Issue

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