Billionaire Profile
Emad Al Muhaidib
Global Rank
#1616

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Emad Al Muhaidib

CEO, Diversified
SAUDI ARABIA
Real-Time Net Worth
$2.614B
Estimated based on Diversified stock value as of April 20, 2026
-0.82% (24h)
Age
69
Source
Diversified
Industry
Diversified
Citizenship
SAUDI ARABIA

Biography

Emad Al Muhaidib, a prominent Saudi Arabian businessman, is the Vice Chairman of the Al Muhaidib Group, a diversified family-owned conglomerate based in Dammam. With a current estimated net worth of $2.5 billion, Al Muhaidib's wealth stems from his diversified investments across various sectors. His career is marked by significant achievements in expanding the Al Muhaidib Group's interests, including consumer products, infrastructure, construction, real estate, and finance, solidifying his position among the world's wealthiest individuals.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Emad Al Muhaidib was born in Riyadh, Saudi Arabia, and raised in a business-oriented environment. His family was among the earliest to enter the world of commerce in the Kingdom. From a young age, he was immersed in business fundamentals and leadership, often accompanying his father and family members to meetings and projects.

Rise to Success

Emad Al Muhaidib is the Vice Chairman of the Al Muhaidib Group, a family-owned conglomerate that was founded in 1943 by his father Abdulkadir, who started out as a food trader. Emad, along with his brothers Essam and Sulaiman, took over the group after their father's death in 1996. Under their leadership, the group has expanded significantly, with investments across consumer products, infrastructure, construction, real estate, and finance. The Al Muhaidib Group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.

Key Business Strategies

The Al Muhaidib Group's success is attributed to its diversified investment strategy, focusing on sectors such as food & consumer goods, industrial & infrastructure, real estate, and financial investments. The group emphasizes long-term partnerships, quality, and reliability. Leadership at all levels, innovation, and entrepreneurship are key components of the group's sustainable success.

Philanthropy

The Al Muhaidib family has a strong history of philanthropy. The Al Muhaidib Social Foundation focuses on early childhood development, education, shelter, and children with disabilities. The foundation supports community programs, including a center for children with Down syndrome, pilgrimage support, and humanitarian relief.

Career Milestones

1996

Took over Al Muhaidib Group

Emad, along with his brothers Essam and Sulaiman, took over the family business after their father's death, expanding its investments across various sectors.

Philanthropy & Social Impact

Social Welfare

Al Muhaidib Social Foundation

Unknown

Focuses on early childhood development, education, shelter, and supporting children with disabilities.

Business Philosophy & Leadership

Notable Quotes

""The key to the Group's sustainable success is encouraging leadership at all levels, embracing diversity as a source of strength, remaining unified as we work towards achieving our vision, working with integrity, and supporting entrepreneurship as we innovate and add value to customers, community and nation.""

Leadership Principles

Leadership

Inspiring employees to reach their full potential.

Innovation

Delivering solutions that respond to change and create a lasting impact.

Entrepreneurship

Encouraging an entrepreneurial mindset.