100 Most Powerful Arabs Under 40
Sun 19 Apr 2015 05:23 AM
Ayman Hariri

Ayman Hariri

Industry: Construction

Company: Saudi Oger

Designation: Vice chairman

Country: Saudi Arabia

Age: 37

The second of the five children of slain Lebanese prime minister Rafik Hariri, Ayman Hariri is involved in running Saudi Oger, one of Saudi Arabia’s biggest construction companies and the source of the Hariri family fortune.

Ayman made his mark on the telecommunications sector, having worked as an engineer at satellite consortium Intelsat, and also on a family-owned South African wireless carrier, 3C, but it’s in the field of property where has forged a successful career path, as vice chairman and deputy CEO of Saudi Oger.

Hariri has handled the construction and facilities management of multi-billion dollar projects such as Princess Noura Bint Abdulrahman University for Women; King Abdullah Financial District, the $480m King Abdulaziz Centre for World Culture, and the first privately-financed airport in the kingdom — the new $1.4bn Madinah Airport being built in a consortium with Turkey’s TAV and Al Rajhi Group.

He also played a key part in delivering — on time — the academic and administration buildings of the King Abdullah University of Science and Technology (KAUST). He is known for being one of the rare chief executives who combine a deep, hands-on knowledge of complex technology concepts, with an impressive history of entrepreneurial success. Just like his four other siblings, Ayman is a  billionaire, but didn’t follow his father’s footsteps into politics, unlike his brother Saad, the former Lebanese prime minister.