Company: Ajlan & Bros. Group
Country: Saudi Arabia
Wealth: 2.9 Billion
Ajlan Bin Abdulaziz Al Ajlan is chairman of Ajlan & Bros Group, a multi-channel group with interests in manufacturing, real estate, tourism and transport. A market leader in a wide range of consumer goods, the firm began operations in 1953 in Saudi Arabia as a one-shop operation for selling men's shmaghs, ghutras, and undergarments.
The company became focused on textiles in 1975, and then in the 1980s it expanded its business presence when new shops were added. Currently, Al Ajlan has a number of production subsidiaries in China and it markets its products in Saudi Arabia and across the Gulf.