#2220
Mohammad Abunayyan
Saudi Arabia 63 years old
Overview
- Source of Wealth
- Diversified
- Industry
- Diversified
- Residence
- Riyadh
- Education
- King Fahd University of Petroleum and Minerals (Bachelor of Engineering)
Assets
- ACWA Power34,611,879 shares @ --2082-SA
- Al Hassan Ghazi Ibrahim Shaker Co.1,144,663 shares @ --1214-SA
- Almujtama Alraida Medical Co.995,021 shares @ --9592-SA
- First Milling977,855 shares @ --2283-SA
- Miahona4,725,579 shares @ --2084-SA
- SAL Saudi Logistics Services315,732 shares @ --4263-SA
Biography
Mohammad Abunayyan is the founder and chairman of ACWA Power, a Saudi power generation and water desalination firm.
He founded the company in 2004 and took it public on the Saudi stock exchange in 2021; he now owns 3.5% of the shares.
Abunayyan also chairs Vision Invest, a Saudi holding company that owns stakes in several publicly traded and privately held companies.
He also owns 8% of Abdullah Abunayyan Trading Company, a Saudi holding company that owns 50% of Vision Invest.
Vision Invest and Abunayyan Holding own shares in several Saudi publicly traded companies in wastewater treatment, logistics and flour milling.