BillionaireNet
Mouawad
Robert Mouawad
Rank #2404
LEBANONServiceFine jewelry

Robert Mouawad

Net Worth
$1.549B
0% (24h)
Robert Mouawad is a Lebanese billionaire and the Chairman of Mouawad Jewelry. His career began in the early 1970s, transforming his family's business into a global empire known for its fine jewelry and luxury watches. With an estimated net worth of $1.5 billion, Mouawad has expanded the business globally, establishing a presence in Europe, Asia, and North America. His source of wealth primarily comes from the fine jewelry industry. Robert is 80 years old, has three children, and is married. His legacy includes the development of luxury residences and a private museum in Beirut. He is known for his expert eye for exquisite gems and his collection of world-renowned diamonds. Mouawad's leadership has propelled the family business to international acclaim, earning several Guinness World Records.

The Full Dossier

Early Life

Robert Mouawad was born in the 1940s in Lebanon, into a family with a rich history in jewelry and watchmaking. His grandfather, David Mouawad, founded the company in Beirut in 1890. Robert's father, Fayez Mouawad, expanded the business in the 1950s, capitalizing on the increased oil wealth in the Middle East.

Rise to Success

Robert Mouawad took over the family business and, in the 1970s, expanded its reach internationally, moving the headquarters to Geneva. He broadened the brand's knowledge through extensive research into art, craftsmanship, and state-of-the-art technology. Under his leadership, the Mouawad brand established a presence in Europe, Asia, and North America. Robert's vision led him to acquire some of the world's largest diamonds, which solidified his position as a major player in the diamond industry.

Key Business Strategies

Robert Mouawad focused on creating a global brand with a strong reputation for quality and luxury. His strategies included expanding into new markets, acquiring unique and valuable gemstones, and establishing a reputation for trust within the industry. The company is now managed by Robert's sons Fred, Alain, and Pascal, who continue his legacy. Mouawad has also diversified into luxury watch production.

Philanthropy

Robert Mouawad is involved in philanthropic initiatives through the Robert Mouawad Foundation. Mouawad has launched its 'Hand in Hand' initiative in Qatar, in collaboration with Qatar Charity, in an attempt to enhance humanitarian partnerships between the two organizations by supporting underpriviledged children in Qatar through the sale of specially-made bracelets. The bracelets designed for the Hand in Hand initiative are made with the intention of taking action on behalf of disabled children, while highlighting the spirit of goodwill.

Career Timeline

2024

Announced luxury residential development partnership

Partnered with Dubai-based developer Dar Global to build a luxury residential development in Riyadh, Saudi Arabia

2010

Handed over management to his sons

Fred, Alain, and Pascal Mouawad took over management of the business.

1970s

Expanded the business internationally

Moved the brand's headquarters to Geneva and established a presence in Europe, Asia, and North America.

Philanthropic Impact

Children's Education and Well-being$XB

Hand in Hand initiative

Supports underprivileged children through the sale of custom-designed bracelets

Wealth Trajectory