The Richest Men in Kuawait

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Kuwait’s currency, Kuwaiti dinar is the highest-valued currency unit in the world. The nation has proven crude oil reserves of 104 billion barrels. That is around 10 percent of the world’s reserves.

With a country boasting of such high achievements, I do believe a look at their richest personalities wouldn’t be a bad idea at all. What do you think? And who do you think tops the list?

Here is a brief overview of the richest people in Kuwait as of 2018, ranked according to their Forbes net worth.

 Bassam Al-Ghanim

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Net worth:$1.6 Billion

Bassam Al-Ghanim is first on list but ranking as the fourth richest man in Kuwait with a net worth of $1.6 Billion.

With a net worth of $1.6 billion, Bassam Al-Ghanim is one of the richest Kuwaitis on the planet. The main source of his wealth is composed of assets inherited from his father’s vast conglomerate Alghanim Industries as well as a stake in Gulf Bank. The family holdings sell General Motors vehicles, among other things. However Al-Ghanim is no longer involved in the running of the companies, after being locked in a nasty fight with his brother Kutayba over the division of assets inherited from their father.

Currently the 61 year old billionaire lives in Los Angeles and has even sued his brother in the US alleging that Kutayba and his son Omar have hacked into his email to gain insight into his affairs. However a US court has put the case on hold, pending arbitration in Kuwait.

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