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The richest arabic person in the world - Essay Example

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Summary to essay on topic "The richest arabic person in the world"
Nasser Al Kharafi, the Kuwaiti owner of the multinational M.A. Kharafi & Sons, ranks 52nd on the 2007 Forbes list of the world's billionaires, with a net worth of $12.4 billion. This is a fall in rank from his 39th position in 2005, but that does not mean he has grown poorer, because his net worth was actually only $9 billion in that year…
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Download file "The richest arabic person in the world" to see previous pages... But his role is not limited solely as the only leader of the Al-Kharafi Group.
He has served on the board of directors of the National Bank of Kuwait, been the chairman of the Egypt Kuwait Holding Company, the managing director of the Aluminium Industries Companyas well as the chairman of the Kuwait Food Company.
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He has distinguished himself in each of these roles and has been presented with many awards, accolades, and honorary degrees for his abhorrence for corruption and his business acumen, both in Kuwait and in other countries.
His brother Jassam Mohammad Al- Kharafi, is a prominent politician in Kuwait, being the former member of the Kuwait National Assembly and former Minister of Finance. His sister Faiza was the first woman president of Kuwait University from 1993 to 2002. Al- Kharafi's three sons, Marzouk, Badr and Faisal have now proven their mettle in various roles in the group of companies.
Most of this fabulous wealth was inherited, but Al-Kharafi has done a lot to increase manifold the wealth that was left to him by his parent. M.A. Kharafi & Sons started off as the National Company for Mechanical and Electrical works in1976. ...Download file "The richest arabic person in the world" to see next pagesRead More
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