THE MIDDLE EAST’S
11. Al Othaim Holding Company
Al Othaim is a Saudi retail and lifestyle group that traces its origins to a single grocery store in Riyadh established in 1956 and currently has operations in diverse sectors, including supermarkets, food industries, non-food industries, mills, fashion, hotels, sports, malls, and restaurants. The group holds shares in Abdullah Al Othaim Markets, listed on the Saudi Exchange since 2008, Al Othaim Investment company that is the owner of: Al Othaim Malls, Al Othaim Food, and Al Othaim Entertainment, Al Othaim Life, among others. In July 2025, Al Othaim Investment Company and Taif Municipality signed a contract to develop King Fahd Park into a 250,000 square meter entertainment hub. Abdullah Al Othaim’s net worth was estimated at $2.2 billion as of May 2026.