Early Life and Family Heritage
Robert Mouawad was born in the 1940s and inherited the family's eponymous high-end jewelry business, which his grandfather founded in Beirut, Lebanon, in 1890. Mouawad's early life was steeped in the legacy of watchmaking and jewelry, with his grandfather, David Mouawad, having established a small workshop after learning the craft in New York and Mexico. His father, Fayez Mouawad, expanded the business into Saudi Arabia in the 1950s, capitalizing on the region's growing wealth.
Rise to Success and Global Expansion
Robert Mouawad took the reins in the third generation, significantly transforming the family business. He expanded the brand's reach to Europe, Asia, and North America. His strategic vision included producing watches in the early 1990s. Mouawad’s leadership was characterized by a commitment to excellence, evident in the company's acquisition of exceptional gems and the creation of stunning jewelry masterpieces. Mouawad's presence in auction rooms became well-known, with him acquiring some of the world's largest diamonds at remarkable prices.
Key Business Strategies and Achievements
Mouawad's success is attributed to a deep understanding of the luxury market and a keen eye for exquisite craftsmanship. He turned over management of the business to his sons Fred, Alain, and Pascal in 2010. The Mouawad brand has earned five Guinness World Records, including the most valuable jewelry box and the most valuable necklace. His commitment to detail and pursuit of perfection has solidified the Mouawad name as a pinnacle in the fine jewelry industry. In 2024, Mouawad announced a partnership with Dubai-based developer Dar Global to build a luxury residential development in Riyadh, Saudi Arabia.
Philanthropy
While specific amounts are not readily available, Mouawad and his family are involved in philanthropic initiatives through the Robert Mouawad Foundation, with an emphasis on promoting social, economic, and rural development.
