NetWorth
LeaderPortfolio
Othaim
Abdullah Al Othaim
Rank #1853
SAUDI ARABIA•Fashion & Retail•Grocery stores, malls

Abdullah Al Othaim

Net Worth
$2.211B
-0.08% (24h)
Abdullah Al Othaim is a prominent Saudi Arabian businessman, currently 69 years old. He is renowned as the Chairman and founder of Abdullah Al-Othaim Markets, one of the largest retail companies in Saudi Arabia, which operates grocery stores and malls. His wealth source also includes his role as the chairman of Al Othaim Holding Company. Al-Othaim began his career assisting his father in the family's retail business, founding Abdullah Al-Othaim Markets in 1980. Over the years, he has expanded the business significantly. Al-Othaim's achievements have earned him a place among the world's wealthiest individuals.

How to read Abdullah Al Othaim's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Abdullah Al Othaim, we anchor the narrative to Grocery stores and Grocery stores, malls, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $2.211B alongside global rank #1853, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (SAUDI ARABIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Abdullah Al Othaim was born in Riyadh, Saudi Arabia, in 1957. He was exposed to the retail business from a young age through his father, Sheikh Saleh bin Ali Al-Othaim, who founded the Saleh Al Othaim Trading Establishment in 1956. Abdullah assisted in the family business, learning the principles of trade.

Rise to Success

After his father's death in 1979, Abdullah and his brothers inherited the business. Abdullah chose to continue the retail venture, establishing Abdullah Al-Othaim Markets in 1980. He focused on expanding the business through the opening of multiple wholesale and retail centers. The company went public in 2008, and Abdullah Al Othaim owns a significant stake.

Key Business Strategies

Key to Al Othaim's success has been expanding the retail chain. In 2024, the company operated 465 stores, including 408 in Saudi Arabia and 57 in Egypt. The company’s revenue for 2024 was nearly $2.9 Billion. The company has also focused on offering competitive prices and promotions to maintain and grow its market share. Al Othaim is also the chairman of Al Othaim Holding Company which runs shopping malls and restaurants.

Philanthropy

Abdullah Al Othaim established the Abdullah Saleh Al-Othaim and Sons Charitable Foundation in 2008, which focuses on sustainable charitable work. The foundation supports various initiatives in education, healthcare, housing, and support for vulnerable populations. Al Othaim's companies have also been involved in campaigns such as the "No Hajj Without Vaccination Campaign" and the "Spare Change Donation Program."

Career Timeline

2008

Abdullah Al-Othaim Markets went public

The company transformed into a publicly listed company.

1980

Founded Abdullah Al-Othaim Markets

Established Abdullah Al-Othaim Markets, expanding on the family's existing retail business.

Philanthropic Impact

CharityUndisclosed

Abdullah Saleh Al-Othaim and Sons Charitable Foundation

Supports various charitable projects in education, healthcare, housing, and aid for vulnerable populations.

CharityUndisclosed

Supporting charitable associations

Provides financial support to various charitable associations.

Charity$10M

Spare Change Donation Program

Customers can donate their spare change to charitable associations.

Education$4M

Abdulmohsen Othaim Educational Complex

Establishment of an educational complex in memory of his son Abdulmohsen.

Key Business Ventures & Holdings

CompanyStakeValue
Abdullah Al-Othaim Markets Company36.00%—

Net Worth History

In-Depth Analysis

Early Life

Abdullah Al Othaim was born in Riyadh, Saudi Arabia, in 1957. He was exposed to the retail business from a young age through his father, Sheikh Saleh bin Ali Al-Othaim, who founded the Saleh Al Othaim Trading Establishment in 1956. Abdullah assisted in the family business, learning the principles of trade.

Rise to Success

After his father's death in 1979, Abdullah and his brothers inherited the business. Abdullah chose to continue the retail venture, establishing Abdullah Al-Othaim Markets in 1980. He focused on expanding the business through the opening of multiple wholesale and retail centers. The company went public in 2008, and Abdullah Al Othaim owns a significant stake.

Key Business Strategies

Key to Al Othaim's success has been expanding the retail chain. In 2024, the company operated 465 stores, including 408 in Saudi Arabia and 57 in Egypt. The company’s revenue for 2024 was nearly $2.9 Billion. The company has also focused on offering competitive prices and promotions to maintain and grow its market share. Al Othaim is also the chairman of Al Othaim Holding Company which runs shopping malls and restaurants.

Philanthropy

Abdullah Al Othaim established the Abdullah Saleh Al-Othaim and Sons Charitable Foundation in 2008, which focuses on sustainable charitable work. The foundation supports various initiatives in education, healthcare, housing, and support for vulnerable populations. Al Othaim's companies have also been involved in campaigns such as the "No Hajj Without Vaccination Campaign" and the "Spare Change Donation Program."

Data Sources & Methodology

Figures for Abdullah Al Othaim are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

You may also like

HubAll BillionairesHubGlobal RankingsHubNewsroomBillionaireBernard Arnault & familyRank #9