The Richest Businessmen In Kuwait 2024

Businessmen

Kuwait is one of the richest countries in the world with a very small population of 4.3 million people. The country is an oil and gas exporter, which makes it one of the most (economically) powerful Gulf countries.

You must be aware that Kuwaiti dinar has the highest value in the Arab world. All this made it natural that there are many rich people in Kuwait. Thus today we are going to shortlist the richest businessmen in Kuwait.

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Bassam Alghanim ($2.6 Billion)

Bassam Alghanim is considered the richest businessman in Kuwait, according to Forbes magazine. He is the chairman of the Alghanim Industries. There are many sources of money as he works in the world of real estate, stock exchange, stocks, and securities. The man runs the largest company in Kuwait established in 1956 that has more than 100,000 employees. This company does not work in Kuwait only but in all Arab and other countries.

Fawzi Al-Kharafi ($2.2 Billion)

Fawzi Al-Kharafi is considered one of the prominent businessmen in Kuwait, according to Forbes magazine. He is the chairman of the Al-Kharafi Group. There are various sources of wealth, including real estate, stock exchange, stocks, and securities. He leads the largest company in Kuwait, established in 1956, with over 100,000 employees. This company operates not only in Kuwait but also in various Arab and other countries.

Jassim Al-Kharafi ($18 Billion)

Jassim Al-Kharafi is recognized as a key figure in Kuwait’s business landscape, holding a significant fortune according to Forbes magazine. He serves as the chairman of the Al-Kharafi Group. With interests in real estate, stock exchange, stocks, and securities, he oversees the largest company in Kuwait, established in 1956, boasting a workforce of over 100,000 employees. The company’s operations extend beyond Kuwait, reaching various Arab and international markets.

Mohannad Al-Kharafi ($1.5 Billion)

Mohannad Al-Kharafi, the younger brother of billionaire businessman Fawzi Al-Kharafi, is a notable figure with a substantial fortune. As one of the shareholders in the Al-Kharafi Group, he holds a certificate in commerce and economics. Mohannad has made contributions to the financial markets in Kuwait and the Arab world, diversifying his wealth through involvement in construction, communications, food, and other sectors.

Kutayba Alghanim ($1.4 Billion)

Kutayba Alghanim, the Chairman of Alghanim Industries Company, has played a pivotal role in transforming the family business. After the shift from the pearl trade to wood and furniture trade, he successfully led the company. Forbes magazine estimates Kutayba Alghanim’s fortune, ranking him among the wealthiest individuals in Kuwait in terms of financial wealth.

Ali Murad Behbehani ($1.90 Million)

Ali Murad Behbehani is a Kuwaiti businessman and millionaire working in various commercial fields. He owns 6% of Al Ahli Bank of Kuwait and serves as the chairman of the Murad Behbehani Group. This company engages in diverse activities such as trading in jewelry, cars, and electronics. Behbehani’s fortune was estimated a few years ago at $190 million.

Mohammad Javad Behbahani

($1.20 Million) Mohammad Javad Behbahani, a Kuwaiti businessman with diversified businesses, owns the Oral and Dental Clinics Company in the State of Kuwait, a joint-stock company. As one of the richest men in the Behbehani family, he is considered among the wealthiest individuals in Kuwait, with a fortune estimated at 120 million US dollars.

Conclusion of Richest Businessmen In Kuwait


The Most Richest Businessmen In Kuwait are all children of founders of groups who owned billions, as they are from families that own billions. Therefore, we find them less wealthy than their parents.

The Most Richest Businessmen In Kuwait are from well-known families in the country and they are the ones who raised the status of their country. Their businesses or professions aren’t limited to Kuwait, but have expanded throughout the Arab & European countries.

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Hashim Sheikh: He is a comprehensive personality whose personality has many social, philosophical and mystical aspects besides scientific and cultural characteristics. He writes many articles and also writes poetry from time to time.

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