Mohammed Al Issa
Mohammed Al Issa is a businessman who resides in Riyadh, Saudi Arabia and owns several businesses. He is the major stakeholder of Riyad Bank and Savola Group, one of the largest food conglomerates in Saudi Arabia. He is operating a number of hotels in Saudi Arabia and his son Abdullah is the chairman of Saudi Hotel & Co., which runs several hotels in Saudi Arabia.
According to Forbes estimates he has a net worth of $2.3 billion and is one of the richest men in Saudi Arabia. As of march 2013, Forbes has placed him at #641 on the list of the world richest billionaires. Moreover, Forbes listed him as the sixth richest person in Saudi Arabia.
Popularly known as the canniest investor in the Arab business world, Mohammad Al Issa is one of the biggest players in the Saudi stock market. He is the founder and owner of Mohammed Al Issa and Sons (MASC holding), a company which is operating businesses in various sectors including real estate, food, industrial, hospitality and finance. Apart from Riyad Bank and Savola group, he also holds shares of Alaqeeq, one of the largest real estate development companies in the kingdom of Saudi Arabia.
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