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.
Here is a brief overview of the richest people in Kuwait as of 2014, ranked according to their Forbes net worth.
=4) Kutayba Alghanim – Net worth: $1.3 Billion
This 68-year-old billionaire and his brother Bassam fought over the division of assets from their father. Alghanim Industries and a stake in Gulf Bank are the family assets. Kutayba’s son Omar became chairman of the Gulf Bank in March 2013.
=4) Bassam Alghanim – Net Worth: $1.3 Billion
This 63-year-old billionaire is no longer involved in the family holding company Alghanim Industries. He sued his brother Kutayba in the US alleging that he and his son Omar hacked into his email. The judge has put the case on hold, pending arbitration in Kuwait. Currently he lives in Los Angeles.
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