Fawaz Alhokair was born in 1965 in Riyadh, Saudi Arabia. In 1989, he and his two brothers founded the Fawaz Abdulaziz Alhokair Group, which has since grown into one of the most valuable retail and real estate companies in Saudi Arabia. The company now owns 19 shopping malls across the Kingdom and holds franchise rights to global apparel brands such as Zara, Banana Republic, Gap, Nine West, and Topshop.
Fawaz Alhokair is a member of Fashion & Retail
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.
2015
$1.4 Billion
2017
$1.2 Billion
2018
$1.27 Billion
Some Fawaz Alhokair images
Biography/Timeline
1989
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.
2015
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.