Portrait of Abdullah Al Othaim

Rank #1894

Abdullah Al Othaim

Net worth $2.2B

Grocery stores, malls · Saudi Arabia

Born
Jan 01, 1957
Age
69
Source
Grocery stores, malls
Residence
Riyadh
Citizenship
Saudi Arabia
Marital status
Children
0
Education

Net worth over time

Biography

  • Abdullah Saleh Al Othaim chairs the board of Saudi-listed supermarket chain Abdullah Al-Othaim Markets.
  • The chain has more than 400 stores in Saudi Arabia and some 50 stores in Egypt; 2024 revenue grew to nearly $2.9 billion.
  • He also chairs Al Othaim Holding Company, a private company that owns and runs shopping malls and restaurants in Saudi Arabia.
  • Abdullah's father, Sheik Saleh Al Othaim (d. 1979), founded Saleh Al Othaim Trading Establishment in 1956, predecessor of Al-Othaim Markets.
  • Abdullah Al-Othaim Markets went public in 2008; Abdullah owns a 36% stake.

Financial assets

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