Industry: Banking & Finance
Company: Al Jomaih Holding Company
Country: Saudi Arabia
Wealth: 2.1 Billion
Mohammed Abdulaziz Al Jomaih is chairman of the Aljomaih Holding Company, a major industrial and business enterprise in the Kingdom of Saudi Arabia representing brands such as General Motors, Pepsi Cola, Shell, Yokohama, and Fiat-IVECO, MAN, MTU, Lurgi, Petrobau, Claas, New Holland and other American, European and Japanese international companies.
Al Jomaih is also chairman of Bahrain-based
, which operates out of offices in Atlanta, London and Singapore.
The bank has a paid-in capital of $282m, of which approximately 67 percent is held by over 270 prominent individuals and business institutions mostly from the Arabian Gulf region, and the remaining 33 percent is beneficially held by
has a balance sheet footing of $5.1bn and an equity capital base of $1.4bn. Moreover, it has completed investments with a total transaction value of over $28bn in its four lines of business, corporate investment, real estate investment, asset-based investment and venture capital.