Emad Al Muhaidib
$2.7B
Born
Feb 01, 1957
Age
68
Source of Wealth
Diversified
Residence
Dammam,
Citizenship
Saudi Arabia
Marital Status
Children
0
Education
Bachelor of Business Administration, King Saud University
- Emad Al Muhaidib is vice chairman of Al Muhaidib Group, a Dammam, Saudi Arabia-based family-owned conglomerate.
- Al Muhaidib Group invests in companies across consumer products, infrastructure, construction, real estate and finance; Emad owns 28% of the company.
- The group was founded in 1943 by his father Abdulkadir, who started out as a food trader before expanding into building materials and real estate.
- Emad and his brothers Essam and Sulaiman took over after Abdulkadir's death in 1996; they share ownership of the group with 4 other family members.
- Al Muhaidib Group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.
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