Sultan bin Mohammed bin Saud Al Kabeer Net Worth

What is Sultan bin Mohammed bin Saud Al Kabeer's net worth?

Sultan bin Mohammed bin Saud Al Kabeer is a Saudi businessman and royal family member with a net worth of $6 billion. That makes him one of the richest people in Saudi Arabia.

A relative of the ruling Al Saud family, he is best known as the founder and largest shareholder of Almarai, the Middle East's largest dairy and food company. Through Almarai and other investments, Al Kabeer has become one of Saudi Arabia's most prominent private entrepreneurs, building a fortune largely independent of state control.

Al Kabeer's wealth comes primarily from his Almarai stake, which has grown into one of the most successful consumer companies in the Middle East. The dairy giant is listed on the Saudi stock exchange and has expanded beyond milk into juices, baked goods, poultry, and infant formula. His personal stake has consistently ranked him among the richest individuals in the kingdom.

Beyond Almarai, Al Kabeer has holdings in real estate, agriculture, and other industries, making him a key figure in Saudi Arabia's private sector.

Early Life

Sultan bin Mohammed bin Saud Al Kabeer was born in 1954 into the extended Saudi royal family. While not in the direct line of succession, he leveraged his royal connections and entrepreneurial instincts to carve out his own path in business. After completing his education, he began focusing on agriculture and food production, areas where Saudi Arabia was seeking to expand capacity during the oil boom years of the 1970s.

Founding of Almarai

In 1977, Al Kabeer founded Almarai, recognizing the potential to modernize dairy farming in Saudi Arabia. At the time, milk production was fragmented and inefficient, with little large-scale organization. With significant capital investment, Almarai introduced modern farming techniques, imported high-quality cattle, and implemented strict quality controls that were uncommon in the region.

The company grew rapidly, establishing itself as the dominant dairy supplier in the kingdom. Over time, Almarai diversified into juices, baked goods, poultry, and other food products, becoming a household name throughout the Middle East. Today, it operates one of the largest vertically integrated dairy facilities in the world and distributes products across the Gulf and beyond.

Al Kabeer's vision helped transform Almarai into a publicly traded company, and his stake in the business remains his primary source of wealth.

Other Investments

In addition to Almarai, Al Kabeer holds stakes in a variety of companies, particularly in agriculture, real estate, and industry. His portfolio has often been managed through private investment vehicles and partnerships, and he has used his influence to support Saudi Arabia's broader economic development goals.

Al Kabeer's role as a royal family member has provided him with access to opportunities, but unlike many royals who depend heavily on state enterprises, his fortune has been largely self-made through private sector ventures.

Personal Life and Legacy

Despite his vast wealth, Sultan bin Mohammed bin Saud Al Kabeer has maintained a relatively low profile compared to other Saudi royals. He is known for his passion for agriculture and Arabian horses, reflecting his ties to Saudi traditions and culture.

His success with Almarai is often cited as a model for how private entrepreneurship can thrive in Saudi Arabia outside the oil sector. By creating a company that provides food security and employs thousands, he has played an important role in diversifying the kingdom's economy.

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