Hassan Jameel was born in Saudi Arabia, where he currently resides. He is one of the richest people in Saudi Arabia. He is currently the founder and CEO of Abraaj Group, a global investment firm, as well as a major shareholder in the London-based asset management firm. He is also a co-founder of Jameel Automobiles as well as Jameel Entertainment. He is also the chairman of JAM Ventures, which enables capital investment in other businesses across both Saudi Arabia and the Middle East. His net worth is estimated at $2 billion.

Website: https://hassanjameel.com/

Early life

Hassan Jameel was born in 1954. His family was a wealthy family who resided in Saudi Arabia, where his father Abdul-Latif Jameel served as the founder and CEO of Abdul Latif Jameel Co., which is one of the largest retail distributors in the country. Hassan studied at Georgetown University, located in Washington D.C. He earned his MBA from Boston University’s School of Management and his degree in economics from the University of Geneva in Switzerland.

Career

Abraaj Group was an investment company founded by Jameel and his brother Hisham Jameel in 1991. The group works with Western institutional investors to make investment strategies and operations in both global markets as well as the Middle East, particularly Saudi Arabia. The company works in real-estate, private equity, infrastructure and clean energy. Their fund sizes have been between $300 and $750 million. They currently have a staff of 900 employees who are located across Hong Kong, Singapore, London and Dubai. They have invested in more than 160 companies that are located across 26 countries.

In 2014 Hassan Jameel became a co-founder of Abraaj Capital Partners with Abraaj Group’s former CEO, Arif Naqvi. Abraaj Capital Partners invested in the following firms:

Abraaj acquired the 1-billion Saudi Arabian riyal (SA) venture capital fund for business accelerator JAM Ventures. The fund aims to promote investment throughout Saudi Arabia, Middle East and Africa. The fund was created in 2005 with the support of Saudi prince Al-Waleed bin Talal and is based upon Saudi Arabia’s economic reform plan called Vision 30. The fund invests in technology and services, as well as market research, software development and real estate companies.