Billionaire Profile
Abdullah Al Othaim
Global Rank
#1462

Image: Public domain | via Wikimedia Commons

Abdullah Al Othaim

CEO, Abdullah Al-Othaim Markets Company
SA
Real-Time Net Worth
$2.2B
As of December 2025
Age
68
Source
Grocery stores, malls
Industry
fashion-retail
Citizenship
SA

Biography

Abdullah Al Othaim, a 68-year-old Saudi businessman, is a prominent figure in the fashion and retail industry, primarily known as the chairman and founder of Abdullah Al-Othaim Markets, one of Saudi Arabia's largest retail companies. His source of wealth stems from grocery stores and malls. With a current estimated net worth of $2.2 billion, Al Othaim has built a successful career, leading Al Othaim Holding Company, which runs shopping malls and restaurants. His commitment to community service is evident through the Abdullah Saleh Al Othaim and Sons Charity Foundation, highlighting his dedication to philanthropy and sustainable development.

Wealth Over Time

In-Depth Profile

Early Life

Abdullah Saleh Ali Al-Othaim was born in Riyadh, Saudi Arabia, in 1960. His father, Saleh Ali Al Othaim, established a retail business in the mid-1950s. Abdullah attended Qadisiyah Primary School before dropping out of college to work with his father.

Rise to Success

After his father's death, Abdullah and his brothers inherited Riyal 17 million. Abdullah chose to continue his father's retail business, founding Abdullah Al-Othaim Markets in 1980. Through the years, he expanded the business, and in 2000, Abdullah Al-Othaim Markets became a limited liability company. The company went public in 2008 and now has over 400 stores in Saudi Arabia and over 50 in Egypt.

Key Business Strategies

Abdullah Al Othaim is the chairman of Abdullah Al-Othaim Markets, which engages in wholesale and retail trade of food supplies. His strategy includes providing comprehensive services through wholesale, hypermarkets, and supermarkets. The company has also focused on the E-commerce sector. In October 2024, the group's Abdullah Al Othaim Markets Company listed 33% of its shares of the Fourth Milling Company.

Philanthropy

Abdullah Al Othaim founded the Abdullah Saleh Al Othaim and Sons Charity Foundation to enhance sustainable charitable work. The foundation supports charitable associations, endowment funds, and humanitarian and social services.

Career Milestones

1980

Founded Abdullah Al-Othaim Markets

Established the retail business, which would become one of the largest in Saudi Arabia.

2008

Abdullah Al-Othaim Markets went public

The company was listed on the Saudi Stock Exchange.

2023

Awarded the Qassim Excellence and Creativity Award

Received the award for national excellence in volunteering and social responsibility.

Philanthropy & Social Impact

Charity

Abdullah Saleh Al Othaim and Sons Charity Foundation

Unknown

Supports charitable associations, endowment funds, humanitarian and social services, and housing programs.

Autism Support

Support for "Visual Program" with the Autism Families Association

Unknown

Supports the "Visual Program" with the Autism Families Association, within the framework of enhancing partnership and integration to support and motivate autism families, and spread community awareness about the disorder.