Top Industrialists in Middle East Saudi UAE Egypt Drive Billion Dollar Wealth 2026 

March 2026 saw around $182 billion in total wealth among leading industrial figures across the Middle East. Leading the pack is Saudi Arabia’s Prince Alwaleed bin Talal, worth $21.4 billion. His investments stretch from Citigroup – where he owns a $4.2 billion share – to stakes in Lyft and Twitter. Ownership in Four Seasons Hotels adds to his global footprint. Real estate within Saudi borders remains a core part of his portfolio. Though based locally, his U.S. assets signal how deeply some Arab investors trust American markets. Wealth concentration leans heavily toward Saudis, with major presence also from UAE business leaders and large Egyptian family-run empires. Geopolitical changes in recent years have helped reshape where power sits economically. Confidence in Western finance shows clearly through cross-border investment patterns like these. 

Second place goes to Nassef Sawiris from Egypt, worth $18.1 billion thanks to stakes in OCI NV – a fertilizer firm – and nearly 6 percent of Adidas, along with investments in American private equity. During March 2026, things turned sour; shares in OCI dropped more than eleven percent, Adidas slipped by over eight percent, while back home the currency tumbled to 52 pounds per dollar, dragging down local holdings. Meanwhile, Mohammed Al Amoudi – who holds ties to both Saudi Arabia and Ethiopia – runs the vast Midroc Group, active in Swedish oil refining through Preem, which pulls in around $7 billion yearly, plus ventures in gold extraction in Ethiopia and building projects across Saudi Arabia. That same month brought gains when Preem saw profit margins grow, fueled by European demand for crude outside Iranian supply, lifting Al Amoudi’s net worth close to an extra $900 million.

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