The AlFardan Group is a diversified business that trades in jewellery, watches, automobiles, property development, money exchange and investments. Alfardan’s sphere of influence is multi-faceted: he is the chairman of property developer Union Development Corporation, the managing director of the Commercial Bank of Qatar, and is one of the founding directors of Investcorp. Forbes ranked Alfardan and his family 47th on its list of richest Arabs in 2013, with an estimated fortune of $452.6 million.