Rank: #64
Faisal Al Ayyar
Sector: Diversified
Company: KIPCO
Designation: Executive Vice Chairman
Nationality: Kuwaiti
Residence: Kuwait
In the first nine months of 2020, KIPCO reported net profit of $85.9 million and assets worth $33 billion. It manages 60 companies including Burgan Bank, Gulf Insurance, and OSN. Al Ayyar also chairs Panther Media Group, and is vice chairman of Gulf Insurance Group, United Gulf Bank, United Gulf Holding Company B.S.C., Jordan Kuwait Bank and Saudia Dairy & Foodstuff Company. He sits on the board of Gulf Egypt for the Hotels and Tourism Company, is a Trustee of the American University of Kuwait, and an honorary chairman of the Kuwait Association for Learning Differences.