As one of the most influential figures in Saudi Arabia, Sultan Bin Mohammed Bin Saud Al Kabeer is recognized for his substantial role in shaping the country’s economic landscape.
From founding major enterprises to his key investments in various industries, his wealth speaks to both strategic foresight and a commitment to growth.
As we explore the financial story of this prominent Saudi royal, we’ll take a look at the businesses he built, his leadership roles, and the investments that shaped his wealth.
Join me, Andomoney, as we dive into what makes Sultan Bin Mohammed Bin Saud Al Kabeer net worth truly remarkable.
Quick Facts
| Fact | Detail |
|---|---|
| Real Name | Sultan bin Mohammed bin Saud Al Kabeer |
| Popular Name | Sultan Bin Mohammed Al Kabeer |
| Gender | Male |
| Birth Date | 1954 |
| Age | 70 |
| Parents | Mohammed bin Saud Al Kabeer |
| Siblings | N/A |
| Birthplace | Riyadh, Saudi Arabia |
| Nationality | Saudi Arabian |
| Ethnicity | Arab |
| Education | King Saud University |
| Marital Status | Married |
| Spouse | Aljawhara bint Saad bin Abdulaziz Al Saud |
| Children | Nayef bin Sultan Al Kabeer (among others) |
| Dating | N/A |
| Net Worth | $6 billion |
| Source of Wealth | Investments, Business, Dairy, Equestrian |
| Height | N/A |
What is the Net Worth Of Sultan Bin Mohammed Bin Saud Al Kabeer in 2024?
As of 2024, Sultan Bin Mohammed Bin Saud Al Kabeer’s net worth is estimated at $6 billion. This places him among some of the wealthiest individuals within the royal circle and business community in Saudi Arabia.
Comparatively, he ranks alongside various notable personalities whose careers also span investments, telecommunications, and the agricultural sectors.
Some notable figures in similar industries include:
- Nayef bin Sultan Al Kabeer
- Almarai Board Members
- Dana Gas Partners
- Zain Saudi Telecom Executives
- Arabian Shield Insurance Directors
- Yamama Cement Investors
- Arabian Union for Cement Stakeholders
- Nofa Resort Developers
- Top Saudi Arabian Business Leaders
Explore our list of Saudi Arabia’s wealthiest leaders in our article on notable politicians and business figures, where we provide deeper insights into the financial achievements of figures like Sultan Al Kabeer.
Sultan Bin Mohammed Bin Saud Al Kabeer Salary and Finance Overview
Key Ventures and Business Foundations That Built His Wealth
Sultan Bin Mohammed Al Kabeer is renowned for founding Almarai in 1977, which he grew into one of the world’s leading dairy companies.
Through visionary leadership, he guided the company to become a public entity in 2005, retaining a 29% share.
His expertise in supply chain control was critical, as he secured an Argentine farm operator to produce essential grains for Almarai.
This strategic acquisition ensured that the company could operate sustainably, a factor that directly bolstered his financial standing.
Strategic Investments That Expanded His Financial Influence
Beyond Almarai, Sultan Bin Mohammed demonstrated business acumen by investing in Saudi Arabia’s cement and telecom sectors.
His role in Yamama Saudi Cement and Zain Saudi Telecom exemplifies his influence across multiple industries, where he held substantial stakes.
Notably, his investments in Dana Gas and the Arabian Union for Cement also contributed to his wealth.
Leadership Roles and Positions Enhancing His Wealth Portfolio
Holding numerous high-ranking positions, Sultan’s leadership was integral to the growth of several businesses.
As chairman of Arabian Shield Insurance and vice president of Arabian Union for Cement, he shaped key business strategies.
These roles solidified his influence within the Saudi business environment, as he played pivotal parts in corporate decision-making and growth strategies.
Influence in Saudi Arabia’s Economic Sectors
Sultan’s contributions to the Saudi Arabian economy, particularly in the dairy and agricultural sectors, have been significant.
By supporting agricultural innovation through companies like Almarai and his investments in cement and telecommunications, he contributed to creating jobs and generating national income.
His efforts helped Saudi Arabia maintain its reputation as a leader in the Gulf’s business sector.
Equestrian Interests and Luxury Investments
A true patron of equestrian pursuits, Sultan Bin Mohammed Al Kabeer owned and operated the Nofa Equestrian Resort near Riyadh, where he raised over 100 horses.
Investing in horses of notable pedigree, including Total Impact and Spring At Last, demonstrated his commitment to the sport.
These luxury investments diversified his wealth and enhanced his social status, further establishing his presence within elite circles.
Recognition and Rankings in Global Wealth
Sultan Al Kabeer’s wealth and influence have not gone unnoticed. His appearance in Forbes Middle East as the third richest Saudi in 2017 speaks to his financial prominence.
His consistent ranking among the Arabian Business Saudi Power List further reflects his impact on the region’s economy.
These rankings not only enhance his legacy but also showcase his success across various ventures.
FAQs about Sultan Bin Mohammed Bin Saud Al Kabeer
What industries does he primarily invest in?
He focuses on the dairy, telecommunications, insurance, and cement industries.
How did he start Almarai?
He founded Almarai in 1977 and grew it into a global dairy leader, listing it publicly in 2005.
What other companies has he founded?
He co-founded Dana Gas, Zain Saudi Telecom, and Arabian Union for Cement.
Does he own any real estate or luxury assets?
Yes, he owns Nofa Equestrian Resort, a luxury facility for racehorse training.
How many children does he have?
Among his children is Nayef bin Sultan Al Kabeer, who also has a role in the family business.
What recognition has he received?
He ranked as the third wealthiest Saudi in 2017 by Forbes and was listed among the Arabian Business Saudi Power List.
What education background does he have?
He holds a degree in commerce and political science from King Saud University.
Has he made international investments?
Yes, he acquired an Argentine farm operator to support Almarai’s supply chain and expand internationally.
Conclusion
In Sultan Bin Mohammed Al Kabeer’s legacy, readers can find inspiration in the balance of leadership and strategic investments. For more insights, join our community at andomoney.com, where discussions around celebrity wealth, success, and more continue to grow.
