Mohamed Bin Issa Al Jaber | Gulf Business

Mohamed Bin Issa Al Jaber

Billionaire Mohamed Bin Issa Al Jaber is among the richest men in Saudi Arabia and a well-known philanthropist through the MBI Al Jaber Foundation. His conglomerate MBI International has interests in many sectors with a net asset value in excess of $9bn and over 9,000 staff across three continents. Its units include JJW Hotels &…

2. Mohamed Bin Issa Al Jaber, chairman and CEO, MBI International   Origin: Saudi Arabia    Residence: Saudi Arabia    Saudi billionaire Mohamed Bin Issa Al Jaber’s conglomerate MBI International has wide reach across many sectors. Its portfolio extends to hotels, real estate, oil and gas and agro- industries in Europe, the Middle East and the US. MBI currently has a net asset value in excess of $9 billion. Al Jaber himself is valued at more than $12 billion, according to recent estimates.

Billionaire Mohamed Bin Issa Al Jaber is among the richest men in Saudi Arabia and a well-known philanthropist through the MBI Al Jaber Foundation. His conglomerate MBI International has interests in many sectors with a net asset value in excess of $9bn and over 9,000 staff across three continents. Its units include JJW Hotels & Resorts, food group AJWA, real estate developer Jadawel International and oil field service and petro- leum management company Continentoil. In December, the company made headlines after its $10bn lawsuit against Barclays Bank relating to a defaulted loan was dismissed on statute of limitations grounds in New York.

Chairman and CEO, MBI International

Origin:KSA

Residence:KSA

Sector:Real estate

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