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Email this article: Saudi Prince Alwaleed bin Talal joins Billionaires Index
Posted: Thu April 19, 2012 1:05 pm
INTERNATIONAL. The combined wealth of the 40 richest individuals on Earth is US$1.1 trillion; Alwaleed ranks 24th on the index with a net worth of US$20.5 billion; Carlos Slim remains the richest person in the world, with a fortune of US$68.8 billion.
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UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
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