Company: Alesayi Group
Country: Saudi Arabia
Wealth: 1.7 Billion
Mohammed Alesayi’s Jeddah - based Alesayi Group, first established as a textile company in 1945, has grown into one of Saudi Arabia’s biggest conglomerates. It maintains a huge presence in Riyadh, Jeddah and beyond, with a reach expanding from everything to cars - its Alesayi Motors is the exclusive distributor for Mitsubishi in the kingdom - to food and video games.
It has a hand in investment, trade, engineering, technology and manufacturing, and is one of the key players in Saudi’s booming construction, real estate industry. Currently, its United Motors represents Saudi’s Chrysler and Jeep vehicles and Alesayi Beverage Corporation is one of the country’s biggest plants for water and juice.