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Billionaire Profile
Emad Al Muhaidib
Global Rank
#1576

Emad Al Muhaidib

CEO, Diversified
Dammam, Saudi Arabia
Real-Time Net Worth
$2.66B
Estimated based on Diversified stock value as of September 10, 2026
+0.51% (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.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$2.66B
2025$2.50B
2024$2.40B

Portfolio Holdings

ACWA Power

ACWA Power

2082diversified
Market Cap
$34.4B
Stock Price
$165.4
Revenue
$1.92B
Riyadh, Saudi Arabia
2,700 employees
Founded 2004
Almarai

Almarai

Food and Beverage
Riyadh, Saudi Arabia

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

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.

Billionaires Connected to Emad Al Muhaidib

Peers in Diversified

All Diversified billionaires

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Emad Al Muhaidib's net worth in 2026?
As of 2026, Emad Al Muhaidib's estimated net worth is $2.658 billion, ranking #1576 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Emad Al Muhaidib make their money?
Emad Al Muhaidib's wealth primarily comes from Diversified, most notably through Diversified.
Where is Emad Al Muhaidib from?
Emad Al Muhaidib is from Saudi Arabia.
How old is Emad Al Muhaidib?
Emad Al Muhaidib is 69 years old.

Sources & References

  1. Emad Al Muhaidib — Forbes profile Forbes