Portrait of Mohammad Abunayyan

Rank #2330

Mohammad Abunayyan

Net worth $1.8B

Diversified · Saudi Arabia

Born
Nov 28, 1962
Age
63
Source
Diversified
Residence
Riyadh
Citizenship
Saudi Arabia
Marital status
Children
0
Education
Bachelor of Engineering, King Fahd University of Petroleum and Minerals

Net worth over time

Biography

  • Mohammad Abunayyan is the founder and chairman of ACWA Power, a Saudi power generation and water desalination firm.
  • He founded the company in 2004 and took it public on the Saudi stock exchange in 2021; he now owns 3.5% of the shares.
  • Abunayyan also chairs Vision Invest, a Saudi holding company that owns stakes in several publicly traded and privately held companies.
  • He also owns 8% of Abdullah Abunayyan Trading Company, a Saudi holding company that owns 50% of Vision Invest.
  • Vision Invest and Abunayyan Holding own shares in several Saudi publicly traded companies in wastewater treatment, logistics and flour milling.

Financial assets

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