Billionaire Profile
Suhail Bahwan
Global Rank
#1916

Image: Public domain | via Wikimedia Commons

Suhail Bahwan

CEO, Suhail Bahwan Group
OM
Real-Time Net Worth
$2B
As of December 2025
Age
86
Source
Diversified
Industry
diversified
Citizenship
OM

Biography

Sheikh Suhail Salim Bahwan (1939-2025) was an Omani billionaire businessman and philanthropist. He was the founder and chairman of Suhail Bahwan Group (SBG), one of Oman's largest conglomerates, with a diversified portfolio including fertilizers, automobiles, healthcare, and construction. Bahwan's estimated net worth was $2.0 billion as of 2024. He began his career in the trading industry and became a prominent figure in Oman's business landscape. Over his career, he has achieved significant milestones, and his philanthropy impacted numerous lives.

Wealth Over Time

In-Depth Profile

Early Life

Suhail Bahwan was born in 1939 in Sur, Oman. He came from a family of traders who were involved in commerce across the Arabian Sea for generations. He started his career at a young age, accompanying his father on trading voyages. He completed his primary schooling in India, dropping out after the sixth grade. He gained valuable experience in negotiating with merchants from different parts of the world by managing dhows.

Rise to Success

In 1965, Bahwan, along with his brother Saud, moved to Muscat and opened a shop in the Muttrah Souq, initially selling fishing nets and construction equipment. The business expanded rapidly after securing distributorship licenses for Seiko watches and Toshiba electronics in 1968. In 1975, the Bahwan brothers secured the Toyota dealership, a major turning point, and within three years, Toyota became Oman's market leader. Over the next decade, the group added Ford and several major equipment manufacturers to its portfolio and entered into various sectors.

Key Business Strategies

Bahwan's key strategies included diversification. After success in the automotive industry, he expanded into construction, manufacturing, travel, and tourism. In 2002, the brothers decided to part ways; Suhail Bahwan retained the Seiko and Toshiba licenses, among other businesses. The Suhail Bahwan Group continued to grow, becoming a multibillion-dollar enterprise with over 30 companies and 7,000+ employees.

Philanthropy

Bahwan was known for his philanthropy through the Suhail Bahwan Charitable Foundation, supporting health, education, and social welfare initiatives in Oman and abroad. He has funded many projects in education, healthcare, and environmental protection, and was awarded the Sheikh Issa bin Ali Al Khalifa Award for Voluntary Work in 2017.

Career Milestones

1965

Co-founded Suhail & Saud Bahwan

Opened a shop in Muttrah Souq, Muscat.

1968

Secured Seiko and Toshiba licenses

Expanded into electronics and watches.

1975

Toyota Dealership

Secured the Toyota dealership in Oman.

2002

Split with brother Saud

Formed his own holding group.

2016

Transferred management duties to daughter Amal

Focused on philanthropic activities.

2017

Sheikh Issa bin Ali Al Khalifa Award

Recognized for voluntary work.

Philanthropy & Social Impact

Social Welfare

Suhail Bahwan Charitable Foundation

Undisclosed

Supports health, education, and social welfare.

Business Philosophy & Leadership

Leadership Principles

Commitment to Corporate Citizenry

Deeply committed to corporate citizenry and nation-building.

One Team, One Family

Working together, building positive relationships, celebrating diversity, and respecting each other.