{"id":96821,"date":"2025-05-08T00:00:00","date_gmt":"2025-05-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/08\/saudi-bnaires-wealth-shifts-as-stock-prices-fluctuate\/"},"modified":"2025-05-08T00:00:00","modified_gmt":"2025-05-08T00:00:00","slug":"saudi-bnaires-wealth-shifts-as-stock-prices-fluctuate","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/08\/saudi-bnaires-wealth-shifts-as-stock-prices-fluctuate\/","title":{"rendered":"Saudi b'naires\u2019 wealth shifts as stock prices fluctuate"},"content":{"rendered":"

Three Saudi b\u2019naires saw their wealth increase over the two months from 7<\/strong> March to 6 May<\/strong>, according to Forbes Middle East<\/a> estimates. The period saw shifts in fortunes driven primarily by stock market performance.<\/p>\n

Top Gainer:<\/strong> Sulaiman Al Habib, founder and chairman of Dr. Sulaiman Al Habib Medical Services Group (HMG), posted the largest increase, with his net worth rising by USD 200 mn to USD 11.1 bn, driven by a 2% uptick in HMG's share price. HMG, which operates in Saudi Arabia, the UAE, and Bahrain, reported a 1.3% y-o-y growth in net income to USD 154.6 mn in 1Q 2025.<\/p>\n

Closely behind: <\/strong>Prince Alwaleed Bin Talal Alsaud, the richest Saudi and Arab b'naire, added USD 100 mn to his wealth to reach USD 16.6 bn, supported by a 0.5% rise in Kingdom Holding\u2019s share price. Yousuf Mohammad Jamjoom, founder and board member of Jamjoom Pharmaceuticals Factory, also gained USD 100 mn, bringing his net worth to USD 1.3 bn, following a 9.4% jump in his company\u2019s share price.<\/p>\n

Fortunes fall for other Saudi b\u2019naires: <\/strong>Emad Al Muhaidib (net worth USD 3.5 bn), Sulaiman Al Muhaidib (USD 3.3 bn), Essam Al Muhaidib (USD 3.3 bn), and Mohammad Abunayyan (USD 2.9 bn) each saw their wealth shrink by USD 300 mn. Abdullah bin Sulaiman Al Rajhi\u2019s net worth fell by USD 200 mn to USD 2.3 bn. Abdullah Al Othaim (USD 2.4 bn), Waleed bin Ibrahim Al Ibrahim (USD 1.3 bn), and Khalid Abdul Rahman Saleh Al Rajhi (USD 1.1 bn) each lost USD 100 mn.<\/p>\n

Dropped off the list: <\/strong>Hamad Ali Al Sagri, Ammar Soliman Fakeeh, and Mazen Soliman Fakeeh dropped off the real-time b'naire rankings.<\/p>\n

ICYMI-<\/strong> In 2025, Saudi Arabia returned<\/a> to Forbes\u2019 World\u2019s B\u2019naires List after a seven-year absence, with 15 b\u2019naires making the cut. 14 of these were newcomers, while Prince Alwaleed Bin Talal Alsaud was the sole returnee, topping both the Saudi and Arab rankings with a net worth of USD 16.5 bn as of 7 March.<\/p>\n","protected":false},"excerpt":{"rendered":"

Three Saudi b\u2019naires grew their wealth over the past two months<\/p>\n","protected":false},"author":1,"featured_media":96822,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2578],"tags":[10,3472,2479],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kudos","tag-enterpriseam-ksa","tag-forbes","tag-kudos","wpautop","entry"],"acf":{"mongo_id":"7913e3a4-4c63-41d3-8b30-787c659b0a67","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1268.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Saudi b'naires\u2019 wealth shifts as stock prices fluctuate","related_issue":[96801],"teaser":"Three Saudi b\u2019naires grew their wealth over the past two months","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.1d03c30a-be83-491f-88fe-637351fbbf8b.mp3"},"yoast_head":"\nSaudi b'naires\u2019 wealth shifts as stock prices fluctuate - 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