The world’s richest Arabs
Sun 15 Dec 2013 04:47 AM
The Bukhamseen Family
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The Bukhamseen Family

Country: Kuwait

Wealth: 6.8 Billion

Bukhamseen Group was launched half a century ago as the vision of one man, Jawad Ahmed Bukhamseen. He founded the Jawad Bukhamseen Commercial Corporation in 1957, and under his able leadership the company grew and diversified, ultimately evolving in status from a small family business to a fully-fledged institution with interests across several economic sectors. As well as a primary interest in financial investment and banking, the firm has concerns in hospitality, travel and tourism, industrial production, media and communication work, consultancy services in urban planning, civil engineering, and major development projects in Kuwait.

Today, Jawad’s sons Emad, Osama, Anwar and Raed all occupy senior management positions within the company. Bukhamseen Holding’s Kuwait National Cinema Company also established Al Sharqia Cinema, the first movie theatre in Kuwait, in 1954.