Country: Saudi Arabia
Wealth: 2.69 Billion
One of the Sharbatly family’s most prominent members, Mohammed Sharbatly’s wealth comes in at $2.69bn. Originating with Sayed Abbas Sharbatly’s involvement in Jeddah’s food trade, the company grew from a small trader to a huge supplier. Following in his ancestors’ footsteps, Mohammed Sharbatly has been responsible for growing the company to what it is today. Under his leadership, Sharbatly Fruit has more than ten branches in the Kingdom of Saudi Arabia, as well as branches in Bahrain and Dubai.
The company now owns farms in Chile and South Africa as well as a citrus fruit packaging station in Egypt. It has expanded its product scope to include all manner of imported fresh and frozen foods, and continues to expand to this day. Given the success of the diversified business, members of the Sharbatly family have participated in the growth of some of Saudi Arabia’s biggest companies, including the Savola Group.