Country: Saudi Arabia
Wealth: 3.4 Billion
Saudi-based Mohammad Kamal Jamjoom is the head of the Jamjoom Group, and one of many business pioneers to carry the Jamjoom name. Under his leadership, the family firm continues to strive ahead, not only as one of the wealthiest, but also as one of the most well-respected business conglomerates in the kingdom.
With over a hundred years of history, the group’s shiniest beacon is the Jeddah Trident Hotel, an associate of Oberoi Hotels. Its subsidiaries include Jamjoom Vehicles and Equipment, Jamjoom Metal Industries, Jamjoom Motors, Jamjoom General Agencies, Depot Pharmaceutique du Moyen Orient, Jamjoom Medicine Store and Jamjoom Pharma, many of which have been pillars of Saudi industry for longer than 40 years.