Portrait of Mohed Altrad

Rank #604

Mohed Altrad

Net worth $6.6B

Scaffolding, cement mixers · France

Born
Mar 09, 1948
Age
78
Source
Scaffolding, cement mixers
Residence
Montpellier
Citizenship
France
Marital status
In Relationship
Children
5
Education

Net worth over time

Biography

  • Mohed Altrad heads $5.8 billion (revenue) Altrad Group, which provides added-value industrial services and manufactures construction equipment.
  • Altrad began life as an orphaned Bedouin in the Syrian desert. He was raised by his grandmother and attended school against her wishes.
  • He eventually won himself a scholarship to study in France, where he earned undergraduate degrees in physics and math and a Ph.D. in computer science.
  • After stints at tech firms and the Abu Dhabi National Oil Company, he bought a bankrupt scaffolding manufacturer in France with a partner in 1985.
  • When Altrad immigrated to France from Syria in 1969, he didn't speak French and survived on one meal a day.
  • Altrad authored three novels, one of which ? Badawi ? French authorities recommended to be included in the nation's educational curriculum.