Olayan Group
Top 100 Arab Family Businesses in the Middle East
Rank: 1

Olayan Group

Country: Saudi Arabia
Sector: Diversified
Establishment: 1947
Chairperson: Hutham Olayan
First founded by Suliman Olayan as a contracting and trading company in Saudi Arabia, the Olayan Group today has a diverse commercial, industrial, and investment portfolio. The family owns 4.9% of Credit Suisse, which was worth $1.3 billion as of April 2021, and 20.3% of the Saudi British Bank worth $3.3 billion. Real estate assets include 550 Madison Avenue in New York, Knightsbridge Estate in London, and the Hotel Ritz in Madrid. In Saudi Arabia, it bottles Coca-Cola, runs Burger King restaurants, and manufactures cans and paper. Hutham Olayan was recently appointed to the board of Brookfield Asset Management Inc.