Mohed Altrad
Construction & Engineering

Mohed Altrad Net Worth

6 months from now

Mohed Altrad is an inspiring example of the power of hard work and determination. He immigrated to France from Syria in 1969 with no money and no knowledge of the French language, yet he was able to earn a scholarship to study physics and math and eventually a Ph.D. in computer science. In 1985, he and a partner bought a bankrupt scaffolding manufacturer and turned it into the Altrad Group, one of the world's leading manufacturers of scaffolding and cement mixers, with $2.4 billion in revenues and more than 21,000 employees. Altrad has also written three novels and owns a majority stake in Montpellier Hérault Rugby. In 2016, he was named Ernst & Young's World Entrepreneur of the Year.
Mohed Altrad is a member of Construction & Engineering

Age, Biography and Wiki

Birth Day March 09, 1948
Birth Place Montpellier, France, France
Age 75 YEARS OLD
Birth Sign Aries
Occupation Businessman, rugby chairman, writer

💰 Net worth: $3.3 Billion (2024)

Mohed Altrad, a prominent figure in the construction and engineering industry in France, is anticipated to have a net worth of $3.3 billion in 2024. Altrad's success in the field has not only brought him immense wealth but has also solidified his reputation as an influential business tycoon. With expertise in the construction and engineering sectors, Altrad has played a vital role in shaping France's infrastructure. His considerable net worth not only highlights his remarkable business acumen but also serves as a testament to his significant contributions to the industry.

2015 $1 Billion
2016 $1 Billion
2017 $1.6 Billion
2018 $2.69 Billion

Biography/Timeline

1985

After earning a PhD in computer science at the University of Montpellier, he began working for the Abu Dhabi National Oil Company, from which he left to buy a scaffolding company in France in 1985. This acquisition morphed into the present-day Groupe Altrad (fr), employer of over 7,000 people, and involved in the scaffolding and cement-mixing industries. Altrad remains chairman of his namesake company, as well as the rugby club Montpellier Hérault Rugby. He has also penned three acclaimed novels. He is unsure of his day of birth, so he recently "picked a date from a hat" in order to celebrate one.

Some Mohed Altrad images

Tags French people of Syrian descent French rugby union chairmen and investors French businesspeople French billionaires Syrian billionaires Living people Montpellier Hérault Rugby University of Montpellier alumni 1948 births

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.