MOHAMED BIN ISSA AL JABER

CHAIRMAN AND CEO, MBI INTERNATIONAL ORIGIN KSA RESIDENCE UK SECTOR DIVERSIFIED 2016 RaNk 14

Billionaire Mohamed Bin Issa Al Jaber is the owner of a business empire that stretches from the JJW Hotels & Resorts brand to compound developer Jadawel International and oil field services firm Continentoil. Collectively these companies total an asset value in excess of $9bn, with Al Jaber himself believed to be Britain’s 15th richest person with a net worth of almost GBP6bn ($7.2bn), according to the Sunday Times. Last year Al Jaber made headlines when he urged fellow billionaires to bring their wealth back onshore following the Panama Papers leak. He also sought to revive a $10bn claim against Barclays relating to a Saudi-backed property deal and praised US President Trump in a December interview. “He’s [Trump] capable and, as a businessman, he’s shrewd about the bottom line. The people he’s surrounding himself with have baggage, but they’re also successful and shrewd,” Al Jaber was quoted as saying.