
42. Mohammed Alshaya
Executive Chairman, Alshaya Group
Origin: Kuwait
Residence: Kuwait
Sector: Retail
2023 Rank: 42
Alshaya has played a pivotal role in propelling the growth and expansion of the Kuwait-based conglomerate across MENA and Europe. With roots tracing back to 1890, the group now operates a diverse portfolio of over 70 brands, including household names such as Mothercare, Starbucks, Cheesecake Factory, and Victoria’s Secret, spanning the MENA region and Europe. In a demonstration of corporate social responsibility, the company partnered with the Starbucks Foundation and Starbucks Corporation to contribute around $1m towards earthquake relief efforts in Türkiye.