Who are the richest men in Qatar presently? This list is ranked based on Forbes net worth listing 2020.
Qatar is a country located in the Middle East of Arab. The country is well known for her bountiful riches and endowments. It is in fact, one of the wealthiest countries in the World and also one of those few countries that have a high number of rich individuals. Additionally, they are known to make use of the ancient Islamic idea to produce developed infrastructures and many other things that make them a developed country.
It is no longer news that Qatar is a country where riches lie and many people are already aware of the fact. However, just like with other rich individuals in the World, such individuals found in Qatar are not well known to the World. A few of them might be known but knowing them as one of the richest people in Qatar and the World generally requires the knowledge of their net worth.
Unlike most of the other Arab and non Arab countries, individuals in the list of richest men in Qatar are not mostly businessmen but rather people of the royal lineage. It is a general fact that royal individuals are rich individuals and this has helped many in accumulating their wealth. However, some of them still took the bull by the horn in order to look around for other opportunities that will improve the richness level of their wealth and fortunately for them, they succeeded as they make the list of the World richest individuals.
Top 7 Richest Men In Qatar 2020
1. Sheikh Abdullah bin Mohammed bin Saud Al Thani
Sheikh Abdullah bin Mohammed bin Saud Al Thani was given birth to in the year and he is also one of the very few individuals that control wealth. Being the Minister of State and Chairman of the Board of Directors of an organization called Ooredoo Group, Sheikh is very known for his efforts in restructuring and expanding the organization ever since it was launched in the year 2005. His efforts upgraded the growth of the organization from a uni-nation Telecommunications industry to one having a wider presence in over sixteen countries including those in North Africa, the Middle East, and Southeast Asia. Then, he was the Chairman of Wataniya Group, which later changed to Ooredoo Kuwait. He also served as the President Commissioner of Indosat Ooredoo previously called Indosat.
2. Akbar Al Baker
Given birth to in 1962, Akbar is one of the most highly recognized and respected individuals in Qatar. Since 1997, he has been heading the Qatar Airways, which is one of the greatest means of income generation for Qatar. Also, he is the Secretary-General of the Qatar National Tourism Council.
When it comes to taking a leadership role, Baker should be given a First Class as he is actively involved in organizations employed in developing Qatar. Some of them include being a lead developer of Games International airport, which opens in the year 2014, member of the Executive committee of the Arab Air Carriers Organization, member of the Board of Governors of the International Airport Transport Association, a non-executive director of Heathrow Airport Holdings and many more.
3. Hamad bin Jassim bin Jaber Al Thani
The Second Al Thani on our list is the third richest man in Qatar. Being the 4th Prime Minister of Qatar who reigned from 2007 to 2013, he has accumulated many riches that place him in the spot. Additionally, he is known as the one that ever reigned last as a foreign minister for he was the foreign minister of Qatar from 1992 till 2013. Jaber is of eminent importance to Qatar as his brother Kassie Muhammad bin Al Thani is the founding father of modern Qatar. Additionally, he is known to have established peace in various parts of the World for the past twenty (20) years. Dispute he usually resolves cut across Africa and the Middle East.
4. HH Sheikh Tamim bin Hamad Al Thani
Currently the Emir of Qatar, HH Sheikh Tamim bin Hamad Al Thani is the fourth son of the previous Emir Hammad bin Khalifa Al Thani. He is notably known for his eminent contributions towards sporting event development in the country. He is currently the youngest sovereign and the youngest monarch in the GCC Countries. He has held different posts that include the following: Chairman of the Upper Council of the Environment and National Sanctuaries, Chairman of the Supreme Council for the Environment and National Reserves, Head of the Supreme Education Council, Deputy Chairman of the ruling Family Council, Vice President of the Supreme Council for Economic Affairs and Investment and many other important political positions.
5. Wissam Saleh Al Mana
In Qatar today, there is a conglomerate called Al Mana Group that operates mainly in the GCC region. The conglomerate is owned by Wissam Saleh Al Mana, who is also the executive director. The conglomerate is well known to operate in deals involving automotive distribution and services, food and beverages, technology, media, engineering, entertainment real estate, and investment. The company currently operates in over 300 outlets and represents brands that cover many areas of retail with the inclusion of luxury goods, home interiors, beauty, watches and jewelry, and many others. The company also has thousands of individuals in her employ and thus has given her an edge over other companies in Qatar today.
6. Faisal Bin Qassim Al Thani
Sheikh Faisal Bin Qassim Al Thani is a Qatari businessman who ventured into the business life at the age of 16. Then, he began selling car parts in Doha. Later on, he became the sole distributor of Bridgestone Tires around the early years of 1960. He is currently the Chairman of one of Qatar’s biggest conglomerates called Al Faisal Holding. He founded the company in 1964. The conglomerate currently has over twenty (20) hotels located in various parts of the World. They include hotels found in London and Washington DC. The company is also highly endowed with numerous number of individuals in her employ. This enables the company to carry out the responsibilities of the company.
7. Khalid Bin Hamad Bin Abdullah Al Thani
The seventh richest men in Qatar is also from the royal family. Khalid Bin Hamad Bin Abdullah Al Thani was given birth to in Doha, Qatar in the year. Sheikh Hamad bin Abdullah Al Thani and Sheikh Sarah Mohammed Ali Thank are his parents. In 1972, Qatar witnessed a coup. After the catastrophic coup, he was appointed as the Interior Minister and he held the position between 1972 till 1989. Currently, he is the Chief Executive Director and Chairman of the company called Qatar Chamber which was launched in the year 1963. The Chamber now has over thirty thousand (30000) members mainly small and medium-sized companies. The company works with the aim of promoting gender equality and trade. Therefore, it can be said that the coup that occurred in 1972 pushed him into his pit of success as he has been accumulating wealth since then and creating a spot for himself in the list of the World richest billionaires
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Qatar is one of the richest countries in the world today. Their riches can be attributed to the enormous number of rich individuals in the country. These individuals are known to invest massively in the country, thereby improving or enhancing the economic situation of the country. Additionally, they are ensuring employment opportunities for the people of Qatar, thereby leveling down the poverty level in the country.
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