40. Khalid Al-Amoudi
Company: Jabal Omar Development Company (JODC)
Sector: Hotels and Resorts
Al Amoudi assumed his current role in 2019. JODC is a mixed-use real estate mega-development project within walking distance of the Grand Mosque of Makkah. The development currently has six hotels that have nearly 3,000 hotel rooms and suites, all within a 10-minute commute from the Grand Mosque. In 2022, the company reported $7.3 billion in assets and revenues of $226.5 million. Al Amoudi previously worked for over 20 years in the financial services industry. He was head of real estate finance at NCB (now Saudi National Bank) from 2012 to 2017 before leading the transformation of the Real Estate Development Fund of Saudi Arabia.