Kutayba Alghanim Net Worth

Net Worth: $1.2 Billion
  • Source of Wealth:

    Alghanim Industries, Gulf Bank
  • Birth Place:

  • Marital Status:

  • Full Name:

    Kutayba Alghanim
  • Nationality:

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About Kutayba Alghanim

Kuwaiti businessman Kutayba Alghanim has an estimated net worth of $1.2 billion as of March 2013 according to Forbes. Kutayba Alghanim serves as the Chairman of Alghanim Industries while his son Omar sits as the Chief Executive Officer.

For a quite a long time now, the dispute between Kutayba Alghanim and his brother Bassam has been on-going. They have been fighting over the division of their inheritance from their father. Their assets include Gulf Bank stakes and Alghanim Industries, a Kuwaiti conglomerate. The dispute was further intensified when Kutayba's son, Omar, took over the reign of the company.

Today, Aghanim Industries is considered as one of Gulf Region's largest privately held conglomerates. The group operates in more than 40 countries worldwide with firm strongholds in Turkey, India and Middle East.

Alghanim Industries holds agencies for some world renowned brands like Daewoo, Acer, Cannon, Sony Ericsson, Yamaha, Casio, Dell, Samsonite, Samsung, Motorola, Kia, Kenwood, IBM, Fujitsu, Compaq, Minolta, Whirlpool, Philips, Xerox and Toshiba.

Kutayba Alghanim is a graduate of University of California Berkeley. He is currently married with three children.

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