Mohamed bin Issa Al Jaber | Gulf Business

Mohamed bin Issa Al Jaber

Al Jaber could be set to rise in the ranks of Saudi Arabia’s rich and powerful as one of the kingdom’s few billionaires not to be detained in a November corruption purge. The businessman, who Bloomberg estimates has a fortune of $8.3bn through his London-based hotel, food and real estate company, has developed a reputation…

Al Jaber could be set to rise in the ranks of Saudi Arabia’s rich and powerful as one of the kingdom’s few billionaires not to be detained in a November corruption purge. The businessman, who Bloomberg estimates has a fortune of $8.3bn through his London-based hotel, food and real estate company, has developed a reputation for litigation in recent years. He continued this trend in 2017 after pursuing an appeal of a decision by a New York court to throw out a $10bn damages claim against Barclays over a property deal and a UK High court battle with two other Saudi businessmen over a $30m loan claimed to have helped launch 24-hour news channel Al Arabiya.

Chairman and CEO, MBI International

Origin:KSA

Residence:UK

Sector:Diversified

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