Will MENA Be Next with Big Startups?
With nearly 400 million people the Middle East and North Africa, the MENA
region has the population to support an entrepreneurial culture. But can serious
obstacles be overcome? WSJ’s Ben Rooney reports.
Richest Lebanese People and/or Families
Compiling the list of the richest Lebanese people and families in the world is a notoriously difficult exercise. Many have tried and nobody seems to agree on both the Listees and their estimated fortune. Not because there are so many (although Lebanon does have an impressively high number of billionaires given its limited population) but simply because Lebanese wealth is often “hidden” and hence oblivious to the approach of magazines like Forbes who are good at estimating the net worth of US citizens (who must by law disclose all of their assets and hence net worth in the US and abroad) but incredibly poor at evaluating the wealth of, let’s say, African billionaires (who are hence rarely listed). The exercise is therefore much more complicated than Forbes’ simplistic approach that omits, every year, thousands of billionaires (and a lot of money) in its listing of the world’s richest. The following list was therefore carefully put together by the Middle E...
