Jaseem Al-Kharafi was a Kuwaiti billionaire and enterprising businessman. His major source of wealth came from diversified investments. According to Forbes he was 1500th richest billionaire in the world. His estimated net worth remains unknown after his death. He died in the year 2015 at the age of 75.
Childhood
Not too much was known about Kharafi’s childhood years. However we do know that Kharafi was born in the year 1940 in Kuwait. He was born to a prominent Kuwaiti family. His father was the famous Mohammed Nasser who had founded the Kharafi Group. Kharafi did his business administration course from the Manchester Trade Faculty in Kuwait.
Early Career
After completing his education from the Manchester Trade Faculty in Kuwait, Kharafi inherited his family business. His father founded the family business, the Kharafi Group.
Kuwaiti billionaire Jassim Al-Kharafi has an estimated net worth of $1.5 billion as of March 2013 according to Forbes. He is also the richest person in Kuwait and is ranked 1161st in the list of World Billionaires.
Jassim, along with his six other siblings, inherited the Kharafi Group, one of the biggest holding companies in the Middle East, from their father Mohammed. However, he is more interested in politics than in business unlike his brother Nasser who ran the family business until his death in April 2011. His brother Fawzi took over the group which has major stakes in several Kuwaiti companies such as the National bank of Kuwait and Zain, a telecommunication company. He used to serve as the director of the group before he was elected into the National Assembly in 1975.
Jassim Al-Kharafi served as the speaker of the National Assembly for thirteen years between 1999 and 2011. On October 7, 2011, he was given the Honoris Causa title by the University of Tirana. He is a graduate of business administration at the Manchester Trade Faculty in Kuwait.
Jassim Al-Kharafi Biography Family Networth and Business Jassim Al-Kharafi Biography Family Networth and Business Jassim Al-Kharafi Biography Family Net Worth and Business Jassim Al-Kharafi Biography Family Net Worth and Business
