Billionaire Profile
A
Global Rank
#2047

Image: Unknown authorUnknown author | Public domain | via Wikimedia Commons

Abdullah Amer Al Nahdi

CEO, Pharmacies
SAUDI ARABIA
Real-Time Net Worth
$1.986B
Estimated based on Pharmacies stock value as of March 6, 2026
0% (24h)
Age
65
Source
Pharmacies
Industry
Fashion & Retail
Citizenship
SAUDI ARABIA

Biography

Abdullah Amer Al Nahdi is a prominent Saudi Arabian businessman and the founder and vice chairman of Nahdi Medical Company, the largest pharmacy chain in Saudi Arabia. With an estimated net worth of $2.3 billion, he ranks among the wealthiest individuals in the Kingdom. Al Nahdi's career began in 1986 with the acquisition of two pharmacies in Jeddah, transforming a small venture into a healthcare retail giant. His achievements include building a vast network of over 1,181 pharmacies and expanding into primary healthcare services, contributing significantly to Saudi Arabia's healthcare sector.

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

Wealth Over Time

In-Depth Profile

Early Life

Abdullah Amer Al Nahdi was born and raised in an environment that valued initiative and hard work, which led him to recognize the potential in the emerging retail pharmaceutical sector.

Rise to Success

In 1986, Al Nahdi made a pivotal move by acquiring two pharmacies in Jeddah. His focus was on building a brand trusted by consumers and respected by physicians, with a consistent drug supply and high-quality in-store experiences. These humble beginnings spurred the creation of Al Nahdi Medical, becoming the most recognizable brand in the Kingdom's pharmacy sector. In 2022, Nahdi Medical went public on the Saudi Stock Exchange.

Key Business Strategies

Al Nahdi’s strategic vision was to transform pharmacies into trusted primary healthcare destinations, expanding offerings to include health products, cosmetics, and pharmaceutical consultations. He implemented a disciplined culture of supply chain management and IT integration, ensuring efficiency. Al Nahdi established the Al Nahdi Family Office in 2019.

Philanthropy

Al Nahdi has contributed to the community through the Al Nahdi Humanitarian Foundation, supporting health, education, research, and people with disabilities. He is a board member of the King Salman Center for Disability Research and contributes to the King Abdulaziz University Endowments.

Career Milestones

1986

Founded Nahdi Medical Company

Purchased two pharmacies in Jeddah, which became the foundation of Nahdi Medical Company.

2003

SEDCO Holding Partnership

SEDCO Holding became a key shareholder, strengthening the company's structure.

2019

Established Al Nahdi Family Office

Established an office to manage the family's investments.

2022

Nahdi Medical IPO

Nahdi Medical Company went public on the Saudi Stock Exchange (Tadawul).

Philanthropy & Social Impact

Health and Education

Al Nahdi Humanitarian Foundation

Unknown

Supports health, education, research, and people with disabilities.

Health and Research

King Salman Center for Disability Research

Unknown

Board member and supporter.

Education

King Abdulaziz University Endowments

Unknown

Contributor to the university endowments.

Business Philosophy & Leadership

Notable Quotes

"His journey—where entrepreneurial vision intersected with social responsibility and a strong sense of community—made his name synonymous with sustainable corporate growth, long-term family governance, and wealth preservation across generations."

Leadership Principles

Integrity

Act honestly and adhere to moral principles.

Trust

Believe in the reliability and truth of all stakeholders.

Learn

Strive to develop skills and knowledge.

Ownership

Act as if the employee and the company's interests are inseparable.