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Saudi Arabia formerly included on the list until March 2020; its reserves were severely depleted by the low oil price during the economic fallout of from the global outbreak of coronavirus disease, its ongoing oil price war with Russia and competition from US shale oil. [197]
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [ 1 ]
King of Saudi Arabia r. 1964–1975: Khalid 1913–1982 King of Saudi Arabia r. 1975–1982: Fahd 1920, 1921, or 1923–2005 King of Saudi Arabia r. 1982–2005: Abdullah 1924–2015 King of Saudi Arabia r. 2005–2015: Salman b. 1935 King of Saudi Arabia r. 2015–present: Mohammed bin Salman b. 1985 Crown Prince of Saudi Arabia
raytheon.com (Archived) The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon was the world's largest producer of guided missiles. [3]
Mohammed bin Salman Al Saud ( Arabic: مُحَمَّدْ بْنْ سَلْمَانْ آلْ سُعُودْ, romanized : Muḥammad bin Salmān Āl Su‘ūd; born 31 August 1985), popularly known by his initials as MBS or MbS, is the heir apparent to the Saudi Arabian throne. He is currently Crown Prince and Prime Minister of Saudi Arabia.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. [6] The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.