Billionaire Profile
Yousuf Mohammad Jamjoom
Global Rank
#2659

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Yousuf Mohammad Jamjoom

CEO, Pharmaceuticals
SAUDI ARABIA
Real-Time Net Worth
$1.374B
Estimated based on Pharmaceuticals stock value as of March 6, 2026
+0.86% (24h)
Age
96
Source
Pharmaceuticals
Industry
Healthcare
Citizenship
SAUDI ARABIA

Biography

Yousuf Mohammad Jamjoom, born on December 3, 1929, is a Saudi Arabian billionaire. With a net worth estimated at $1.4 billion, he ranks among the world's wealthiest individuals. His source of wealth is pharmaceuticals, specifically through his role as a founder and board member of Jamjoom Pharmaceuticals Factory, one of Saudi Arabia's largest over-the-counter medicine producers. Jamjoom's career includes founding Jamjoom Pharma and serving as CEO of Jamjoom Medicine Store from 1965 to 2005. He holds a diploma in commerce from the University of Wales in the U.K.. His achievements include establishing a leading pharmaceutical company in Saudi Arabia and contributing to the development of the local healthcare sector.

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

Wealth Over Time

In-Depth Profile

Early Life

Yousuf Mohammad Jamjoom was born on December 3, 1929, in Saudi Arabia. He earned a diploma in commerce from the University of Wales in the U.K. in 1947. The Jamjoom family has been involved in the pharmaceutical sector since the 1950s.

Rise to Success

Jamjoom's career began with his deep involvement in the pharmaceutical sector. He founded Jamjoom Pharma, which has grown to be one of the largest producers of over-the-counter medicines in Saudi Arabia. From 1965 to 2005, he served as the CEO of Jamjoom Medicine Store. Jamjoom owns a significant stake in Jamjoom Pharmaceuticals Factory Company. The company went public on the Saudi stock exchange in 2023.

Key Business Strategies

Jamjoom’s key business strategy revolved around establishing a leading pharmaceutical company within Saudi Arabia and championing the localization of pharmaceutical manufacturing. This strategic move enhanced the healthcare sector's self-reliance and created valuable job opportunities. Jamjoom Pharma has focused on producing high-quality, affordable healthcare solutions, contributing to the well-being of communities. The company has launched numerous products and expanded its presence across the Middle East and Africa.

Philanthropy

Jamjoom Pharma aims to make healthcare accessible to everyone, driven by a mission to serve the nation with high-quality pharmaceuticals and play a responsible role in improving public health.

Career Milestones

1965

CEO of Jamjoom Medicine Store

Served as CEO of Jamjoom Medicine Store, which specialized in storing and distributing pharmaceutical products, until 2005.

2000

Founder of Jamjoom Pharma

Founded Jamjoom Pharma, a branded generics company and state-of-the-art manufacturing facility.

2023

Jamjoom Pharma IPO

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

2024

New Sterile Facility Launch

Jamjoom Pharma launched a new sterile facility.

Philanthropy & Social Impact

Healthcare

Healthcare access initiatives

Unknown

Committed to providing high-quality, affordable healthcare solutions to improve lives across communities.

Business Philosophy & Leadership

Notable Quotes

"“Together Healthier” Reflects the enduring spirit of Yousuf Mohammed Salah Jamjoom's vision: a shared commitment to making high quality healthcare accessible."

Leadership Principles

Patient-Centricity

Focusing on patient well-being and trust in shaping choices and innovations.

Quality Without Compromise

Upholding the highest standards in production, packaging, and processes.

Accessibility for All

Ensuring access to trusted and effective medicine for everyone, regardless of location or income.

Rooted in Care

Acting with integrity and transparency, with a focus on accountability.