He is the chairman of the company and has been credited with transforming it into a multi-billion dollar business. He has also invested in a number of other businesses, including real estate, retail, and hospitality.
Kutayba Alghanim is a member of Richest Billionaires
💰Kutayba Alghanim Net worth: $1.2 Billion
Some Kutayba Alghanim images
However, since the Alghanim siblings couldn't agree over the family's wealth division, their feud ended with a court suit. The dispute reached its culmination when Kutayba's son Omar, a Harvard MBA graduate, took over the reigns of the family holding company, which, among other things, sells General Motors vehicles. While a US judge put the case on hold, pending arbitration in Kuwait, a UK judge found Kutayba and his son liable for hacking into Bassam Alghanim's email. Either way, Bassam has reportedly withdrawn from the family holding company.
