Kutayba Alghanim Net Worth - TheRichest

Kuwaiti businessman Kutayba Alghanim has an estimated net worth of $1.2 billion as of March 2013 according to Forbes.

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Kutayba Alghanim Net Worth - TheRichest

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Kuwaiti businessman Kutayba Alghanim has an estimated net worth of $1.2 billion as of March 2013 according to Forbes.

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Who is Kutayba Alghanim?

Kutayba Alghanim is the chairman of Alghanim Industries, which his late father Yusuf founded in 1932. His son Omar served as CEO until Dec. 2019. Alghanim sells GM and Ford cars in Kuwait, owns a consumer electronics retailer and Wendys restaurants in the Middle East, among other businesses. ...

Who is Omar Kutayba Alghanim?

His son Omar Kutayba Alghanim is the CEO of Alghanim Industries. He is also Chairman of the Gulf Bank. The Gulf Bank is one of the largest banks in Kuwait. Omar was awarded the title ‘Businessman of the Year’ in 2013. By Arabian Business Magazine. He is the owner of the yacht SANOO. Forbes estimates his net worth at $1.4 billion. ...

How did Kutayba modernize Alghanim Industries?

In this role, Kutayba introduced contemporary business culture and modernized the organization. Under his leadership, Alghanim Industries became the first company in Kuwait to have an IBM mainframe, in addition to using automated systems to modernize the company, as well as hiring professional management. ...

Why did Kutayba rename Alghanim Industries?

With his father’s blessing, Kutayba renamed the company from Yusuf A. Alghanim & Sons W.L.L. to Alghanim Industries and over time, added new divisions to diversify the business and expanded in new geographic areas often by striking new deals with a number of leading international brands. ...

Who is the CEO of Alghanim Industries?

As a result, Kutayba handed his furniture store to his partner and became CEO of Alghanim Industries. In the late 1980s, Kutayba stepped down as CEO and moved to the United States for many years. He returned to Kuwait in 2002 as Chairman of Alghanim Industries, and his son Omar became CEO in 2005. ...

What is Kutayba's role in Alghanim Industries?

Kutayba looks back at this moment with a deep sense of pride and satisfaction in what he and his fellow countrymen were able to accomplish. As Chairman of Alghanim Industries, Kutayba is the chief architect in setting the vision and growth strategy of one of the region’s largest, privately owned companies. ...