In the 38th Forbes’ World’s Billionaires list detailing the globe’s most affluent individuals for 2024, Lebanon boasted six individuals on the list, with a collective net worth reaching $11.8 billion.
Prime Minister Najib Mikati was leading the Lebanese contingent, and also the co-founder of M1 Investment Company, whose wealth was estimated at $2.8 billion, securing him the eighth regional spot and the 1187th globally.
Taha Mikati, another co-founder of M1 Investment Company, followed closely, with an identical net worth of $2.8 billion, placing him ninth regionally and 1187th globally.
Additionally, Bahaa Hariri, founder of Horizon Group, amassed around $2.1 billion, earning him the 12th regional position and the 1545th global rank.
Robert Mouawad, the chairman of the Board of Mouawad Jewelry Company, possessed an estimated wealth of $1.5 billion, positioning him 16th regionally and 2046th globally.
Ayman Hariri, co-founder and CEO of Vero ranked 17th regionally and 2152nd globally, with an approximate wealth of $1.4 billion.
Trailing slightly behind was Fahd Hariri, Chairman of the Real Estate Portfolio Board of UJAIR, with an estimated wealth of $1.2 billion, securing him the 21st regional spot and 24010th globally.
Forbes noted the pivotal role of artificial intelligence in introducing new figures to the billionaire list.
Moreover, women comprised approximately 13% of the world’s billionaires, accounting for 269 individuals out of the total 2,781, amassing a combined wealth of $1.8 trillion, showcasing an uptick from the previous year.
Wealth assessments were based on stock prices and currency exchange rates as of March 8, 2024.
Lebanese individuals consistently strive to secure positions on Forbes Lists across various domains.
In November 2023, 14 Lebanese talents were featured among Forbes Middle East’s prestigious “30 Under 30” list.
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