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UAE 2nd AT OVER $120,000

Qatar tops region in individual net worth

Manama, April 29, 2013

The global net worth per adult in Qatar stands at $145,596, marking the highest among the GCC countries, according to Credit Swiss Bank Global Wealth Report 2013.

Wealth per head in the UAE has reached $120,363, in Oman it stands at $46,436 and in Kuwait at $81,330, the report said, according to the Gulf Daily News, our sister publication.

Wealth per head in Saudi Arabia stands at $36,725, while in Bahrain the figure reached $44,324, revealed the report.

A total of 26,000 Kuwaiti adults have a net worth of more than $1 million while 488 own more than $100 million.

In UAE, 43,000 rich people have a net worth of more than $1 million.

While 46,000 in Saudi Arabia and 19,000 in Qatar have net worth of more than $1 million, the report said. – TradeArabia News Service

Tags: Qatar | UAE | Bahraini | net worth | Credit Swiss | Wealth report |

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