Billionaire Profile
Yousuf Mohammad Jamjoom
Global Rank
#2876

Image: Public domain | via Wikimedia Commons

Yousuf Mohammad Jamjoom

CEO, Jamjoom Pharmaceuticals Factory Company
SA
Real-Time Net Worth
$1.2B
As of December 2025
Age
96
Source
Pharmaceuticals
Industry
healthcare
Citizenship
SA

Biography

Yousuf Mohammad Jamjoom, at 96 years old, is a prominent figure in the Saudi Arabian pharmaceutical industry. He is a founder and board member of Jamjoom Pharmaceuticals Factory, one of the largest producers of over-the-counter medicines in Saudi Arabia, and a board member. Jamjoom's wealth stems from his significant stake in Jamjoom Pharmaceuticals, which went public in 2023. From 1965 to 2005, he served as CEO of Jamjoom Medicine Store, a major pharmaceutical distributor. His career is marked by a dedication to healthcare and a commitment to building a leading pharmaceutical enterprise.

Wealth Over Time

In-Depth Profile

Early Life

Yousuf Mohammad Jamjoom was born in 1929. He earned a diploma in commerce from the University of Wales in the U.K. in 1947.

Rise to Success

Jamjoom's career is deeply rooted in the pharmaceutical industry. From 1965 to 2005, he served as the CEO of Jamjoom Medicine Store, a major pharmaceutical distributor. Recognizing the opportunity to localize pharmaceutical manufacturing, Jamjoom, along with his son, established Jamjoom Pharmaceuticals Factory Company.

Key Business Strategies

Jamjoom's strategy involved building a state-of-the-art manufacturing facility using the latest technology, leading to the establishment of Jamjoom Pharmaceuticals Factory Company. The company started commercial operations in 2000 and has since expanded its international presence. Jamjoom Pharmaceuticals focuses on key therapeutic sectors such as ophthalmology, dermatology, and general medicine. The company has consistently maintained a track record of rapid growth and expansion and has established itself as one of the fastest-growing companies in the region, with a strong focus on quality and innovation.

Philanthropy

Jamjoom Pharma supports charitable organizations and runs projects to familiarize recent graduates with the manufacturing sector.

Career Milestones

1947

Education

Earned a diploma in commerce from the University of Wales.

1965-2005

CEO of Jamjoom Medicine Store

Served as CEO of Jamjoom Medicine Store, a pharmaceutical distributor.

2000

Jamjoom Pharmaceuticals Factory Co. Operations

Jamjoom Pharmaceuticals Factory Co. started commercial operations.

2023

Jamjoom Pharmaceuticals Factory Co. IPO

Jamjoom Pharmaceuticals Factory Co. went public on the Saudi stock exchange.

Philanthropy & Social Impact

Healthcare

Glaucoma Detection Program

Undisclosed

Carried out in the Saharan regions of Algeria, Egypt, Iraq and Morocco.