Essam Al Muhaidib is the CEO of Al Muhaidib Group, a Dammam, Saudi Arabia-based family-owned conglomerate.
Al Muhaidib Group invests in companies across consumer products, infrastructure, construction, real estate and finance; Essam owns 28% of the company.
The group was founded in 1943 by his father Abdulkadir, who started out as a food trader before expanding into building materials and real estate.
Essam Al Muhaidib and his brothers Emad and Sulaiman took over after Abdulkadir's death in 1996; they share ownership with 4 other family members.
Al Muhaidib Group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.