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Sultan bin Mohammed bin Saud Al Kabeer Net Worth

Sultan bin Mohammed bin Saud Al Kabeer Net Worth
Net Worth $6 Billion

What is Prince Sultan bin Mohammed bin Saud Al Kabeer Net Worth?

Prince Sultan bin Mohammed bin Saud Al Kabeer, a member of the Saudi Royal family, boasts a formidable net worth of $6 billion. Notably, he is the 12th son of King Abdulaziz and served as Saudi Arabia’s Crowned Prince. However, his influence extends beyond his royal lineage. Al Kabeer made waves with the establishment of the dairy company Almarai in 1977, a venture that solidified his status as a prominent figure in the business world.

With a keen eye for investment opportunities, Al Kabeer made strategic moves to ensure the success of his dairy enterprise. In 2005, he orchestrated the company’s transition to a publicly traded entity, retaining a significant ownership stake of nearly 29%. This bold move not only bolstered his personal wealth but also propelled Almarai to greater heights in the market.

Recognizing the importance of self-sufficiency in sustaining his dairy operations, Al Kabeer made another significant acquisition in 2011. He purchased an Argentine farm operator specializing in the cultivation of barley, maize, and wheat. This acquisition served a dual purpose, enabling Al Kabeer to secure a reliable source of feed for his prized herd of Holstein cows, which are integral to his dairy production.

Beyond his endeavors in the dairy industry, Al Kabeer’s interests span diverse sectors, including horse breeding. Reports from the Breeder’s Cup horse racing organization indicate that he maintains a sizeable stable of around 100 studs at a farm located near Riydah. This investment underscores Al Kabeer’s multifaceted approach to wealth accumulation and highlights his commitment to excellence across various domains.

FAQ about Sultan bin Mohammed bin Saud Al Kabeer Net Worth

1. What is Sultan bin Mohammed bin Saud Al Kabeer Net Worth?

  • Sultan bin Mohammed bin Saud Al Kabeer Net Worth is estimated at $6 billion.

2. How did Sultan bin Mohammed bin Saud Al Kabeer amass his wealth?

  • Sultan bin Mohammed bin Saud Al Kabeer, a member of the Saudi Royal family, established the dairy company Almarai in 1977, which significantly contributed to his wealth. Additionally, he has made strategic investments, including the acquisition of an Argentine farm operator specializing in feed production for his dairy operations.

3. What role did Sultan bin Mohammed bin Saud Al Kabeer play in Almarai’s success?

  • Sultan bin Mohammed bin Saud Al Kabeer played a pivotal role in Almarai’s success by founding the company and leading it to become a publicly traded entity in 2005. He retained a significant ownership stake, ensuring his continued influence and wealth accumulation.

4. Besides the dairy industry, what other sectors does Sultan bin Mohammed bin Saud Al Kabeer invest in?

  • Sultan bin Mohammed bin Saud Al Kabeer’s investments extend beyond the dairy industry to include horse breeding. He reportedly maintains a substantial stable of around 100 studs at a farm near Riyadh, showcasing his diverse investment portfolio.

5. What is Sultan bin Mohammed bin Saud Al Kabeer’s background?

  • Sultan bin Mohammed bin Saud Al Kabeer is the 12th son of King Abdulaziz and has served as Saudi Arabia’s Crown Prince. His entrepreneurial ventures and strategic investments have solidified his status as a prominent figure in both the business world and the Saudi Royal family.

Sultan bin Mohammed bin Saud Al Kabeer Social Media Account

Quick Summary

  1. Prince Sultan bin Mohammed bin Saud Al Kabeer, a member of the Saudi Royal family, has a net worth of $6 billion. He gained prominence through founding Almarai dairy company, taking it public in 2005, and acquiring an Argentine farm in 2011 to ensure a sustainable feed source for his Holstein cows. Additionally, he invests in horse breeding, showcasing his diverse wealth-building strategies.
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