Fawzi Al Kharafi Net Worth is$1.2 Billion
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Fawzi Al-Kharafi net worth: Fawzi Al-Kharafi is a Kuwaiti billionaire who has a net worth of $1.2 billion. Fawzi Al-Kharafi is the vice chairman and CEO of the Kharafi Group, one of the Middle East's biggest holding companies. Al-Kharafi is one of the richest people in Kuwait as of 2013, along with his two brothers Jassim and Mohannad. Two years ago, the family business was overseen by their brother Nasser who had run it successfully until his death of a heart attack in April 2011. As of today, the group holds major stakes in numerous Kuwaiti companies, including National Bank of Kuwait and telecommunication company Zain. Furthermore, the U.S. division of the group operates several fast-food joints throughout the Middle East including KFC, Hardee's and Krispy Kreme, where the Kharafis are one of the largest shareholders.
M.A. Kharafi & Sons (Mohammed Abdel mohsen Al-Kharafi & Sons WLL, Arabic: U???U?U????(C) ??U??(R)????U?U?) is a large private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at USD$3.3 billion. The company was run by Nasser Al-Kharafi. On April 15, 2006 US dough-nut giant Krispy Kreme announced that MA Kharafi & Sons bought a 6.7 percent stake or 4.13m shares. Al-Kharafi is also the leading supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently listed at 29th position in the Forbes magazine's list of the richest people in the world.
As of 30 March 2008

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Fawzi Al Kharafi Latest News

Al-Kharafi group appoints new Chairman

KUWAIT: Fawzi Al-Kharafi has been selected as the new chairman of Al-Kharafi Group, replacing his recently deceased brother Jassem, Bader Al-Kharafi, member of the Executive Committee of Al-Kharafi Group confirmed yesterday. Fawzi Al-Kharafi had previously ...
Posted: May 31, 2015, 1:41 pm

Bader Al-Kharafi Takes Over as CEO of Zain Group

Bader Nasser Al-Kharafi; Ahmed Tahous Al-Tahous (representing the Kuwait Investment Authority); Fajer Al Nasim represented by Houssam Fawzi Al-Kharafi; Nasim Al-Delta represented by Khaled Ali Al-Ghanim; Abeer Al-Shorouq represented by Talal Jassem Al ...
Posted: March 15, 2017, 9:13 pm

Al-Kharafi Group appoints new chairman

KUWAIT CITY: Kuwait’s Al-Kharafi Group, the firm run by one of the state’s most prominent merchant families, has appointed Fawzi Al-Kharafi as chairman of the business to replace his brother Jassim, who passed away earlier this month. Al-Kharafi Group ...
Posted: May 31, 2015, 1:29 pm

Kuwait's Al Kharafi Group appoints new chairman after predecessor's death

KUWAIT, May 31 (Reuters) - Kuwait's Al Kharafi Group, the firm run by one of the Gulf Arab state's most prominent merchant families, has appointed Fawzi al-Kharafi as chairman of the business to replace his brother Jassim, who passed away earlier this month.
Posted: May 30, 2015, 5:00 pm

Kuwait's Al Kharafi Group names new chairman

Kuwait's Al Kharafi Group, the firm run by one of the Gulf state's most prominent merchant families, has appointed Fawzi Al-Kharafi as chairman of the business to replace his brother Jassim, who passed away earlier this month. The billionaire family has ...
Posted: May 31, 2015, 11:38 pm
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