The World Richest Arabs 2014
Thu 04 Dec 2014 12:28 PM
Adel Aujan

Adel Aujan

Industry: Retail

Country: Saudi Arabia

Wealth: 3.3 Billion

In 2011 Aujan announced  a colossal deal to sell a minority stake in his firm to Coca-Cola for a sliver under $1bn. Not content with leading the Gulf’s biggest privately owned beverage company, Aujan Industries, the chairman of the firm has been aggressively growing his offerings to different markets. Aujan’s juice brand, Rani, is Iran’s best-selling beverage and is planning to add to its three factories by putting a facility in Iraq, politics permitting.

In 2008, Aujan Industries nailed a target to deliver $500m in revenue 12 months ahead of its five-year schedule. The firm has tripled its sales since 2004 and is on track to double them again by the end of this year. Vimto, just one of its brands, has been a leading fixture on Gulf dining tables.