Fouad Makhzoumi has been executive chairman of UAE-based pipe manufacturing and trading business Future Pipe Industries Group since 2003. He is also the executive chairman of parent company Future Group Holdings since 1982. The Lebanese-born billionaire was educated at the International College in Beirut and obtained degrees in chemical engineering from Michigan Technological University in the US. Under his leadership, the Future Pipe Industries Group has grown into one of the world’s largest producers of composite pipe systems with subsidiaries in four continents.
Through Future Group Holdings, Makhzoumi also oversees a diverse portfolio of investments in sectors spanning engineering, industrial, research, real estate, security, information, multimedia and publishing. Together, these companies employ more than 5,000 people across the world. He was appointed a Commander of the Order of Merit of the Republic of Italy in 2013, and received the Socrates Oxford Annual Award for 2014 by the European Business Assembly in Vienna, among other accolades. In 1997, he founded the Makhzoumi Foundation, a not-for-profit organisation that provides vocational training, healthcare and micro-credit to disadvantaged people in Lebanon.
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