6. Tamim bin Hamad Al Thani Net Worth: $2.5 Billion
Tamim is not just one of the richest sheikhs in the world but also the crown ruler of Qatar i.e. the emir. Born in 1980, Tamim followed in his father’s footsteps to study in the Royal Military Academy in Sand Hurst.
He graduated in 1998 and immediately went into the Qatari military. From there, he went on to hold several strategic positions in the country and so by the time his father abdicated the throne in 2013, there was no doubt who would take over.
Tamim now reigns supreme as the emir of Qatar and under his rulership, he has boosted his country’s international stature by attracting popular sporting events such as the Asian Games and the 2022 World Cup.
In the business world, he has overseen the Qatari Investment Authority which has invested billions in British businesses such as Barclays Bank, Sainsbury’s, and Harrods.
Top 5 Richest Sheikhs in The World 2024
5. Majid Al Futtaim Net Worth: $3.6 Billion
Another member of the Al Futtaim family that ranks amongst the richest sheikhs in the world is Majid Al Futtaim who is the cousin of Abdulla.
Both men were previously in business together under the Al Futtaim Trading Group. Unavoidable rivalry later arose and Majid decided to found his own Majid Al Futtaim Group in 1992.
His Majid Al Futtaim Group operates in the real estate and hotel sector and has about 13 hotels and 26 malls. It also has an exclusive license to operate hypermarkets for the French retail giants, Carrefour, in the Middle East, Africa, and central Asia.
4. Abdulla bin Ahmad Al Ghurair Net Worth: $3.7 Billion
The 4th richest sheikh in the world is another Emirati billionaire businessman known as Abdulla bin Ahmad Al Ghurair.
Just like Suhail Salim Bahwan, Al Ghurair {rst made a little fortune from trading ships. From there, he invested in property markets and soon founded the largest private bank in U.A.E known as Mashreqbank.
From banking, Al Ghurair has been able to establish a conglomerate that spans food, construction, and real estate. He has built up a fortune in the process and uses it to live the good life. He is also giving back to society as well.
