35. Mohammed Abdul Latif Jameel
Chairman And CEO, Abdul Latif Jameel
Origin: Saudi Arabia
Residence: Saudi Arabia
Sector: Diversified
2023 Rank: 36
Mohammed Abdul Latif Jameel has spearheaded his company, Abdul Latif Jameel, into becoming a major multinational with interests spread across real estate, energy, media, health and financial services. One of the jewels in his business crown is Fotowatio Renewable Ventures (FRV), which forms part of Abdul Latif Jameel Energy. Earlier this year, FRV, in conjunction with UK-based Harmony Energy, launched Clay Tye, Europe’s largest battery energy storage system by MWh. The Clay Tye site is located in Essex and has a total capacity of 99MW, making it the joint largest project of its kind that is operational in Europe. Clay Tye has enough power capacity to supply energy to more than 300,000 UK homes for two hours at a time. Another company connected with Jameel, Global Oryx Group Holding, is the third largest shareholder in electric truck maker Rivian.
