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The new billionaires’ club
Thursday, 04 Dec, 2007
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DUBAI – The Arab world now boasts a record 47 billionaires, according to the annual Arabian Business Rich List.
The list of the world’s 50 richest Arabs contains a record number of new entries, with the entry level to become a member of the world’s most exclusive club having risen to US$700 million from US$520 million.
The new tycoons are mainly from Iraq and Syria.
Ian Jarrett
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