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Forbes to not publish Saudis in their list of world’s richest people

On Thursday, Forbes magazine released a statement saying that it will exclude all Saudi Arabian tycoons off their annual list of the world’s richest people after the top businessmen were caught for corruption last year. About 10 Saudi billionaires have been removed by Forbes. Most of the detainees were struck off after they arranged to seize $100 billion assets through a settlement with the authorities.