Billionaire Profile
Abdullah Al Othaim
Global Rank
#1845

Image: Othaimmarkets.com | CC BY-SA 4.0 | via Wikimedia Commons

Abdullah Al Othaim

CEO, Grocery stores
SAUDI ARABIA
Real-Time Net Worth
$2.235B
Estimated based on Grocery stores stock value as of March 6, 2026
-0.15% (24h)
Age
68
Source
Grocery stores, malls
Industry
Fashion & Retail
Citizenship
SAUDI ARABIA

Biography

Abdullah Al Othaim, a prominent Saudi Arabian businessman, is the chairman of Al Othaim Holding Company and the chairman of Abdullah Al-Othaim Markets Company, one of the largest supermarket chains in Saudi Arabia and Egypt. With a net worth of $2.5 billion as of May 2025, his wealth stems from his ventures in grocery stores and malls. Al Othaim's career began with his father's retail business, which he expanded into a major publicly listed company, demonstrating significant achievements in the retail and investment sectors.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Abdullah Al Othaim was born in Riyadh, Saudi Arabia, in 1960. His grandfather was a cleric and his father, Saleh Ali Al Othaim, founded a retail business in the mid-1950s. Abdullah began his career working alongside his father.

Rise to Success

After his father's death, Abdullah and his brothers inherited the business. Abdullah decided to continue with the family retail venture, founding Abdullah Al-Othaim Markets in 1980. Under his leadership, the company expanded significantly, growing from a private company to a publicly listed entity on the Saudi Stock Exchange in 2008. The company now has over 400 stores in Saudi Arabia and over 50 stores in Egypt.

Key Business Strategies

Abdullah Al Othaim's key business strategies have focused on expanding the company's market share and enhancing the customer experience. This includes offering competitive prices, excellent service, and quality products. The company has also implemented innovative marketing and business techniques to grow its presence in the retail sector. Al Othaim Holding Company has investments in a variety of sectors, including commercial, real estate, industrial, and hospitality.

Philanthropy

Abdullah Al Othaim, through Al Othaim Investment Company, has demonstrated a commitment to social responsibility through community service and various programs. The company has supported various initiatives, including providing free lifetime subscriptions for children of determination and special needs.

Career Milestones

1980

Founded Abdullah Al-Othaim Markets

Established the retail company, expanding the business from the family's original venture.

2008

Abdullah Al-Othaim Markets becomes Publicly Listed

The company was listed on the Saudi Stock Exchange, marking a significant milestone in its growth.

2024

Revenue nearly $2.9 billion

Al Othaim Markets revenue in 2024 grew to nearly $2.9 billion.

Philanthropy & Social Impact

Community Support

Free Lifetime Subscriptions

Unknown

Free lifetime subscriptions for children of determination and special needs.