REAL TIME NET WORTH — as of 4/29/17
$2.6 B
Mohammed Al Issa is a large investor in the Saudi stock market through his holding company Assila Investments. He owns stakes in Dur Hospitality (formerly called Saudi Hotels & Resorts), Riyad Bank and Savola Group, one of the Kingdom’s largest food processors. The latter two are his biggest holdings. His son Abdullah is chairman of Dur Hospitality, which owns and operates hotels in Saudi Arabia, including two Marriott hotels in Riyadh. In 2016, it signed a franchise agreement with Marriott International to expand in the Saudi Arabia, as well as the U.A.E.
Mohamed Al Issa net worth:
$3.3 Billion
Mohamed Al Issa is a Saudi Arabian billionaire who has a net worth of $3.3 billion. Mohamed Al Issa is one of the largest investors in Saudi Arabia’s stock market. He is the major shareholder of Savola Group, one of the largest Saudi Arabia’s food conglomerates and Riyad Bank, country’s commercial banking giant. In December 2012, he named his son Abdullah as chairman of Saudi Hotels & Co., which both owns and operates numerous hotels across the country, including a Marriott in Riyadh. Thanks to his constantly growing wealth he is one of Saudi Arabia’s richest people.
Source:
1. forbes