Hussain Binghatti Aljbori, whose net worth is estimated at $2.5 billion as of May 2026, founded Binghatti Holding in 2008. It specializes in luxury real estate development, with a portfolio of more than 100 projects valued at $27.2 billion and more than 50 completed developments. In 2025, the company generated $3.4 billion in revenue and recorded $4.8 billion in sales, with total assets of $9 billion as of March 2026. In January 2026, Binghatti Holding launched Mercedes-Benz Places | Binghatti City, an $8 billion development spanning more than 10 million square meters.