Abdul Aziz Al Ghurair & family

Abdul Aziz Al Ghurair presides over Mashreq, a leading bank in the United Arab Emirates. The bank is on the path to recovery after taking a hit for its exposure to bad real estate loans. Assets are still declining, but in a turnaround, Mashreq's net earnings were up almost 17% in the first nine months of 2011. Al Ghurair has served as head of UAE's national assembly, but will reportedly not seek another term this year. The Al Ghurair conglomerate, which has interests in food, construction, and retail is looking to invest in Libya, where it already owns reportedly half of the country's largest oil refinery. Read Less