The wealth of many Middle Eastern individuals — particularly heads of state — is unknown, partially because of hidden wealth in tax havens.
"In many cases, it appears the amount of wealth accumulated by heads of state in the region is not trivial ..." Ianchovichina said. "When we include the wealth of heads of state we find that wealth concentration increases in a number of countries, although in some of the wealthiest countries like Qatar and even Kuwait, this particular adjustment doesn't make much difference.
which found that autocracies rich in resources like oil — like many Middle Eastern countries — have a much larger share of hidden wealth than other countries. With these limitations in mind, Business Insider rounded up the wealthiest people in the Middle East based on bothfor the region, which encompasses 16 countries: Syria, Jordan, Israel, Lebanon, Saudi Arabia, Iran, Iraq, Turkey, Yemen, Jordan, Oman, UAE, Kuwait, Qatar, Bahrain, and Egypt.Ulker runs Yildiz Holding, which produces a range of food products and non-alcoholic beverages.
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