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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 East Wealth Report ®, itself using many different sources, techniques and approaches to peg Lebanon’s richest and their estimated fortune (whether them or their family, a trait specific to Middle East wealth).

1Carlos SlimUS$72.5 billion Lebanese by both his parents.
2Al-Waleed bin TalalUS$20.5 billionHalf Saudi, half Lebanese.
3Edmond SafraUS$12.5 billion Edmond Safra Family.
4Gilbert ChagouryUS$4.2 billion Gilbert Chagoury Family.
5Nicolas HayekUS$3.9 billion Nicolas Hayek Family.
6Robert MouawadUS$3.5 billion Father of Fred Mouawad.
7Taha MikatiUS$2.8 billion Brother of Najib Milkati
8Najib MikatiUS$2.6 billion Brother of Taha Mikati.
9Bahaa HaririUS$2.5 billion Brother of Saad and Faad Hariri.
10Issam FaresUS$2.3 billion Issam Fares Family
11Saad HaririUS$2.1 billion Brother of Bahaa and Fahd Hariri.
12Manuel MorounUS$1.8 billion American Lebanese.
13Alec GoresUS$1.7 billion American Lebanese.
14Carlos HaddadUS$1.6 billion Carlos Haddad Family.
15Hassan SabraUS$1.5 billion Israeli Lebanese.
16Charles CormUS$1.5 billion Charles Corm Family.
17Fahd HaririUS$1.3 billion Brother of Bahaa and Saad Hariri.
18Joe JamailUS$1.2 billion American Lebanese.
19George JosephUS$1.1 billion George Joseph Family.
20Fred MouawadUS$1.0 billion Son of Robert Mouawad.

Source: Middle East Wealth Report ®, 2014.

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