Fawzi Al-Kharafi’s profile picture

Fawzi Al-Kharafi

Fawzi Al-Kharafi’s profile picture
Net worth 2018: $1.15 Billion
Industry: Diversified
Residence: Kuwait City, Kuwait
Country: Kuwait
BIOGRAPHY

Fawzi Al-Kharafi was born in Kuwait City, Kuwait, Kuwait. Fawzi Al-Kharafi is #1869 in List Billionaires People In The World. Fawzi Al Kharafi is the chairman of Kharafi Group, one of the Middle East's biggest holding companies. He took over as chairman following the death of his brother Jassim in 2015. The Kharafis have major stakes in Kuwaiti companies, but in 2016 sold their shares in Kuwait Food Co. (also known as Americana) for $2.3 billion to Arab investors; the company operates fast-food chains in the Middle East, including KFC and Hardee's. His brother Mohannad is also a billionaire.

NET WORTH STATISTIC
2012

$1.2 Billion

2013

$1.25 Billion

2014

$1.3 Billion

2015

$1.25 Billion

2017

$1.3 Billion

2018

$1.15 Billion

TIMELINE
2016

As of January 2016, Forbes estimated his net worth at US$1

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