Rank #2101
Abdullah Amer Al Nahdi
Net worth $2.0B
Pharmacies · Saudi Arabia
- Born
- Jan 01, 1961
- Age
- 65
- Source
- Pharmacies
- Residence
- Jeddah
- Citizenship
- Saudi Arabia
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Abdullah Amer Al Nahdi founded and is vice chairman of Nahdi Medical, Saudi Arabia's largest chain of pharmacies.
- Nahdi Medical, which had $2.3 billion in 2023 revenue, went public on the Saudi stock exchange in 2022.
- Al Nahdi started the company by purchasing two pharmacies in Jeddah in 1986, a year after he graduated from university.
- The company has more than 1,100 pharmacies, mostly in Saudi Arabia and some in the UAE.
- Nahdi Medical has expanded into offering primary healthcare services through a number of health clinics.
- Saudi Arabia's Bin Mahfouz family purchased half of Nahdi Medical in 2003 through its SEDCO Holding entity; today Saleh Salem Bin Mahfouz chairs Nahdi Medical.
Financial assets
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