Saudi Rich List
Wed 26 Aug 2009 07:24 AM
Mohamed Abdul Latif Jameel
9

Mohamed Abdul Latif Jameel

Industry: Banking & Finance

Company: ALJ (Abdul Latif Jameel Company Ltd)

Country: Saudi Arabia

Wealth: 5 Billion

Established in 1945, the Abdul Latif Jameel Group (ALJ), and its president Mohamed are legends not just in Saudi Arabia, but across the Middle East.

Today, ALJ is the world’s largest Toyota dealership with operations in the Middle East, UK, Central Asia and China. It is also active in the fields of real estate, financing, software solutions, advertising and media, and distribution and sales of electronics and household appliances. ALJ employs more than 10,000 people worldwide with around 2,000 in the UK alone, and the group also operates Saudi Arabia’s largest consumer finance company. Jameel has also funded a gallery showcasing more than 10,000 Islamic artefacts at London’s Victoria and Albert Museum.