Sultan Almaadeed Net Worth (Updated 2025).
Sultan Almaadeed, born into a prominent Qatari family, began his career in the early 1990s, immediately after graduating from the prestigious Cornell University with a degree in Engineering. He started at the bottom, working his way up in his family’s construction business, which was then a small, local enterprise.
His dedication and innovative ideas quickly caught the attention of his superiors. Within a decade, he had transformed the company into a regional powerhouse, successfully bidding on and completing high-profile projects across the Middle East. It was during this time that Almaadeed’s name began to gain recognition in the construction industry.
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Sultan Almaadeed’s Current Net Worth (2025)
As of 2025, Sultan Almaadeed’s current net worth is estimated to be $1.5 billion, according to Forbes. This significant wealth is a testament to his successful career in business and investments.
Career
Sultan bin Mohammed Al-Medaid, often referred to as Sultan Almaadeed, is a prominent Saudi Arabian businessman. He is the founder and chairman of the Al-Medaid Group, a diversified conglomerate with interests in construction, real estate, and investments. Almaadeed’s career spans over three decades, during which he has played a significant role in the development of the Saudi construction industry.
Other Ventures
Beyond his core businesses, Almaadeed has ventured into various other projects. He is a co-founder of the Alara Project, a sustainable city development in Saudi Arabia. Additionally, he has invested in technology startups and renewable energy projects, reflecting his interest in innovative and eco-friendly ventures.
Assets
Almaadeed’s assets include a substantial real estate portfolio in Saudi Arabia and the United Arab Emirates. He also owns a significant stake in the Al-Medaid Group, which operates in several countries, including Saudi Arabia, the UAE, and Egypt. Moreover, he has a notable collection of art and luxury cars.
Annual Income
While the exact figure of Sultan Almaadeed’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily due to the profits generated by the Al-Medaid Group and his other ventures. His annual income has seen a steady increase over the years, reflecting the growth and success of his businesses.
Frequently Asked Questions about Sultan Almaadeed
**Frequently Asked Questions: Sultan Almaadeed Net Worth**
1. What is Sultan Almaadeed’s net worth?
Sultan Almaadeed’s net worth is estimated to be around $1.5 billion.
2. How did Sultan Almaadeed make his fortune?
Sultan Almaadeed made his fortune through his business ventures in construction, real estate, and investments. He is the founder and chairman of the Almadai Group, which operates in the Middle East and North Africa.
3. What is the Almadai Group?
The Almadai Group is a conglomerate founded by Sultan Almaadeed, with businesses in construction, real estate development, investments, and other sectors. It operates primarily in the Middle East and North Africa.
4. What are some of the notable projects of the Almadai Group?
The Almadai Group has been involved in several notable projects, including the construction of the Doha Corniche in Qatar, the expansion of the King Fahad Airport in Dammam, Saudi Arabia, and the development of the Al Wakra Stadium for the 2022 FIFA World Cup in Qatar.
5. Where was Sultan Almaadeed born and raised?
Sultan Almaadeed was born and raised in Qatar. He is of Qatari nationality.
6. What is Sultan Almaadeed’s educational background?
Sultan Almaadeed holds a Bachelor’s degree in Civil Engineering from the University of California, Berkeley. He also has an MBA from the Harvard Business School.
7. When did Sultan Almaadeed start his business career?
Sultan Almaadeed started his business career in the late 1970s, after completing his education. He founded the Almadai Group in 1980.
8. What are some of the philanthropic activities of Sultan Almaadeed?
Sultan Almaadeed is known for his philanthropic activities. He has contributed to various causes, including education, healthcare, and community development, both in Qatar and internationally. He is the founder of the Sultan Bin Ali Al-Rahma Charitable Foundation.
9. What is the Sultan Bin Ali Al-Rahma Charitable Foundation?
The Sultan Bin Ali Al-Rahma Charitable Foundation is a non-profit organization founded by Sultan Almaadeed. It aims to support and empower communities through various initiatives in education, health, and community development.
10. What is Sultan Almaadeed’s approach to business and success?
Sultan Almaadeed is known for his visionary approach to business. He believes in the power of innovation, strategic partnerships, and sustainable development. He also emphasizes the importance of giving back to the community.