Prince Sultan bin Mohammed bin Saud Al Kabeer was ranked as Marcopolis' #15 most powerful business person in Saudi Arabia.
Prince Sultan bin Mohammed bin Saud Al Kabeer is Marcopolis’ 15th most influential businessman in Saudi Arabia. He is a member of the royal family and a prominent corporate figure.
Prince Sultan is one of the founders of Almarai, the largest dairy foods company in the world. In 2005, he took the company public, keeping a 28.6% stake. As the largest dairy corporation in the Middle East, it’s no wonder why the company has a net income of 400 million dollars on revenues of 3 billion dollars.
According to Forbes, Prince Sultan has a net worth of 4.6 billion dollars, holding the #405 spot as one of the richest men in the world, and #3 in Saudi Arabia. Moreover, Forbes Middle East dubbed him the #7 spot on their list of the World’s Richest Arabs.
Some other endeavors of his include being Chairman of the Arab Union for Cement & Building Materials Co., Managing Director of Al Yamama Cement Co., Chairman of Al Tayyar Travel Group, Owner of Nova Al Jezera Establishment, and many more. Prince Sultan is also one of the founders of one of Saudi Arabia’s leading telecommunications companies, Zain Saudi Telecom.
Prince Sultan also holds humanitarian and social positions. He is a Member of the Board of trustees of King Abdul Aziz and His Men for the Care of Talents, the Equestrian Club, the Graduates Association in the Capital Model Institute, and the Piety Charity Society. His CV does not stop there. Prince Sultan is an Honorary Chairman of the Saudi Heart Association, the Saudi Chest Medication and Surgery Association, as well as several others.
Prince Sultan attended the King Saud University, where he received his bachelor degree in commerce and political science.