Age, Biography and Wiki
Birth Year | 1965 |
Birth Place | Riyadh, Saudi Arabia, Saudi Arabia |
Age | 58 YEARS OLD |
Residence | Riyadh, Saudi Arabia |
Net worth: $1.2 Billion (2024)
Fawaz Alhokair, renowned as a key figure in the world of fashion and retail in Saudi Arabia, is projected to have a net worth of $1.2 billion by 2024. With his extensive influence and expertise, Alhokair has firmly established himself as a prominent entrepreneur and businessman in the industry. As the founder and chairman of the Fawaz Alhokair Group, he has successfully led the company to become a major player in the kingdom's retail market. Alhokair's entrepreneurial achievements and his significant contributions to the fashion and retail sector have undoubtedly elevated him to great financial success.
Biography/Timeline
In 1989, he founded Fawaz Abdulaziz Alhokair Group with his two brothers, and started with just two menswear stores. The company now has 19 shopping malls in Saudi Arabia, and the local franchise rights to brands including Zara, Banana Republic, Gap, Nine West and Topshop.
In 2015, Alhokair bought the largest apartment at 432 Park Avenue, New York, a 8,255-square-foot (766.9 m), six-bedroom, seven-bath penthouse with a library, for $95 million.