Prince Sultan bin Mohammed bin Saud Al Kabeer is a perfect example for anyone who wants to succeed in the field of business. He realized his dream of establishing a dairy farm in the middle of the desert with the foundation of Almarai in 1977. Almarai is one of the largest integrated dairy food companies in the world. As of march 2013, with a net worth of $2.6 Billion, Mohammed bin Saud ranked at # 554 on the Forbes list of the world’s richest billionaires.
Moreover, Forbes placed him at #12 on the list of richest billionaires in Middle East. The Prince has $2 billion at stake in the Almarai, and he owns a 14.3% and 7.8% share of Arabian Sheld (a Saudi insurance company) and Yamamah Saudi Cement Company respectively. Almarai Co. is the most valuable procession of Al Kabeer which processes more than 235 million gallons of milk every year.
The share price of the company has registered more than 125% growth since its inception in 2005. In the past five years the revenue of the company has tripled to 7.95 billion riyals. The four desert dairy farms are the key source of competitive advantage for the company which house more than 60, 000 cows, and each cow produces around 12,400 liters of milk which is double the European average.