Essam Al Muhaidib

$2.52B

$11.1M (-0.4%)

as of 07/12/26

About Essam Al Muhaidib

Essam Al Muhaidib is the CEO of Al Muhaidib Group, a Dammam, Saudi Arabia-based family-owned conglomerate.

Al Muhaidib Group invests in companies across consumer products, infrastructure, construction, real estate and finance; Essam owns 28% of the company.

The group was founded in 1943 by his father Abdulkadir, who started out as a food trader before expanding into building materials and real estate.

Essam and his brothers Emad and Sulaiman took over after Abdulkadir's death in 1996; they share ownership with 4 other family members.

Al Muhaidib Group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.

Personal stats

Citizenship

Saudi Arabia

Source of wealth

Diversified

Residence

Dammam, Saudi Arabia

Birth date

01/10/59 (age 67)

Education

Bachelor of Science, King Saud University

Self-made

inherited and growing