Prince Sultan bin Mohammed bin Saud Al Kabeer Net Worth

Prince Sultan bin Mohammed bin Saud Al Kabeer Net Worth : $3.8 billion

Profile

A member of royal family of Saudi Arabia and a businessman

Nationality

Saudi Arabian

Source of Wealth

Business

Years of Experience

37 years

Date of Birth

1954

Education

Acquired Bachelor degree in Commerce & Political Science from King Saud University

Marital Status

Married

Prince Sultan bin Mohammed bin Saud Al Kabeer’s Total Net Worth

Prince Sultan is an heir to the royal family of Saudi Arabia and an entrepreneur, here having a total fortune of $3.8 billion. He is the 12th son of King Abdulaziz and a crowned prince of Saudi Arabia from 2005 to 2011.  Prince Sultan is the founder of one of the world’s largest dairy food companies, called ‘Almarai’. Born in the year 1954 in Riyadh, he gained his bachelor’s degree in Commerce and Political Science from King Saud University.

Business Investments

Apart from his dairy food business, Prince Sultan owns other businesses, as well. He owns 29% shares of ‘Almarai’. In 2011, he purchased an Argentine farm operator that produces wheat, maize and barley, for the sake of feeding his herd of Holstein cows. Besides this, he also owns 7.8% shares of the Yamamah Saudi Cement Company, and 14.3% shares of a Saudi insurance company, called Arabian Shield.

Properties: Private Fortune

Prince Sultan resides in a lavish house in Riyadh. He also owns a stud farm near Riyadh, where he raises around 100 horses.

Ventures

He is the chairman of the Arabian Union for Cement Industries, Almarai Company, Al Mashreq Commercial and Contracting Company, and Arabian Shield- Bahrain (an insurance company). He also serves as the Vice President and Managing Director of Yamama Saudi Cement. Besides, Prince Sultan co-founded Zain Saudi Telecom, Al Salam Bank and Dana Gas in U.A.E. He is also a member of the Board of Graduates Committee for Maahad Al Asima Institute, Board of Equestrian Club and the Council of Trustees of King Abdulaziz Men Foundation.