Billionaire Profile
Emad Al Muhaidib
Global Rank
#1641

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Emad Al Muhaidib

CEO, Diversified
SAUDI ARABIA
Real-Time Net Worth
$2.51B
Estimated based on Diversified stock value as of March 6, 2026
+2.25% (24h)
Age
68
Source
Diversified
Industry
Diversified
Citizenship
SAUDI ARABIA

Biography

Emad Al Muhaidib is a prominent Saudi Arabian businessman, currently serving as the Vice Chairman of the Al Muhaidib Group, a diversified conglomerate based in Dammam. With a net worth of $3.8 billion, he holds the position of the third wealthiest person in Saudi Arabia. Al Muhaidib's wealth stems from his stake in the Al Muhaidib Group, which has investments in various sectors including consumer products, construction, real estate, and finance. His career reflects the growth of the Al Muhaidib Group, originally founded by his father, into a major player in the Saudi Arabian economy. Al Muhaidib, along with his brothers, has continued to expand the group's presence across multiple industries. This has solidified the company's role in the economic landscape of Saudi Arabia.

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

Wealth Over Time

In-Depth Profile

Early Life

Emad Al Muhaidib was born into a family of merchants. His father, Abdulkadir Al Muhaidib, founded the Al Muhaidib Group in 1943 as a food trading business. The family's roots were in the Najd region of Saudi Arabia, with a long history in trade.

Rise to Success

Emad Al Muhaidib, along with his brothers, played a crucial role in expanding the Al Muhaidib Group into a diversified conglomerate. After his father's death in 1996, Emad and his brothers Essam and Sulaiman took over and continued the growth. The group invested in consumer products, infrastructure, construction, real estate, and finance, owning shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.

Key Business Strategies

The Al Muhaidib Group's success has been driven by strategic diversification across multiple sectors. The group has made significant investments in the food and retail sectors, industrial and infrastructure projects, real estate, and financial investments. The group's expansion aligns with Saudi Arabia's Vision 2030, which encourages sustainable urban environments and infrastructure development. Emad's leadership focuses on innovation, sustainability, and strategic partnerships, securing the Al Muhaidib Group's position at the forefront of Saudi Arabian business leadership.

Philanthropy

Emad Al Muhaidib actively supports various charitable organizations. He is involved with the Al Muhaidib Social Foundation, which focuses on early childhood development, education, shelter, and support for children with disabilities. He is also involved with various community organizations in the Kingdom.

Career Milestones

1996

Took over Al Muhaidib Group

Emad, along with his brothers Essam and Sulaiman, took over the Al Muhaidib Group after their father's death.

Philanthropy & Social Impact

Child Welfare

Al Muhaidib Social Foundation

Unknown

Supports early childhood development, education, shelter, and children with disabilities.

Business Philosophy & Leadership

Leadership Principles

Leadership

Inspiring employees to reach their full potential and encouraging creativity.

Entrepreneurship

Encouraging an entrepreneurial mindset to overcome challenges.

Innovation

Believing that innovation is the foundation to evolve.

Unity

Working together as one team to deliver stakeholder value.

Integrity

Adhering to the highest standards of ethical business practices.