Gcc Rich People
Kuwait too has the 7th highest number of families alongside internet fortune to a greater extent than than $100 million, which way nearly 990 families are worth $ 100 million, reports Al-Qabas daily quoting informed sources.
According to a study issued yesteryear the Boston Consultancy Group on countries’ fortunes, the personal wealth of individuals too families inwards the Middle East has increased yesteryear 11.6 pct reaching $5.2 trillion final yr despite the ongoing tensions inwards the region.
They explained that Qatar came kickoff inwards category of highest number of wealthy families amid the GCC countries alongside 17.5 pct followed yesteryear State of Kuwait alongside nine percent, Bahrain alongside 5.9 percent, Sultanate of Oman alongside 3.7 percent, the United Arab Emirates alongside 3.3 pct too Kingdom of Saudi Arabia alongside 3.1 percent. Qatar too topped the international listing of highest number of wealthy families spell State of Kuwait was placed fifth, Bahrain sixth, Sultanate of Oman tenth, UAE twelfth too Kingdom of Saudi Arabia 13th.
They explained that the principal argue for such an increment is the continuous potent growth of gross domestic product of oil-rich countries such equally Kingdom of Saudi Arabia which experienced increment of wealthy individuals yesteryear 13.4 percent, State of Kuwait alongside 13.6 pct too UAE alongside 12.8 percent.
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