BillionaireNet
Jamjoom
Yousuf Mohammad Jamjoom
Rank #3030
SAUDI ARABIAHealthcarePharmaceuticals

Yousuf Mohammad Jamjoom

Net Worth
$1.069B
-2.34% (24h)
Yousuf Mohammad Jamjoom, a prominent figure in Saudi Arabia's business landscape, is the founder and board member of Jamjoom Pharmaceuticals Factory, one of the largest over-the-counter medicine producers in the country. Born in 1929, he is currently 96 years old. His primary source of wealth stems from his involvement in the Pharmaceuticals industry. Jamjoom's career began in 1957 with Jamjoom Medicine Store, where he served as CEO from 1965 to 2005. He earned a diploma in commerce from the University of Leeds in 1947. As of 2024, his net worth is estimated at $1.2 billion. He is ranked #2876 globally and #10 in Saudi Arabia.

The Full Dossier

Early Life

Yousuf Mohammad Jamjoom was born in 1929. He received a diploma of commerce from the University of Leeds in 1947. The Jamjoom family has a long history in the pharmaceutical sector, dating back to the 1950s.

Rise to Success

Yousuf Mohammad Jamjoom is the founder and board member of Jamjoom Pharmaceuticals Factory. He was the CEO of Jamjoom Medicine Store from 1965 to 2005. Jamjoom Pharmaceuticals Factory went public on the Saudi stock exchange in 2023. He owns a nearly 42% stake in the company.

Key Business Strategies

Jamjoom Pharma focuses on manufacturing and marketing generic pharmaceutical products. The company has state-of-the-art manufacturing facilities in Saudi Arabia, Egypt, and Algeria. Jamjoom Pharma leverages local manufacturing, regional scale, and government support under Vision 2030 to drive sustainable growth.

Philanthropy

Information on Yousuf Mohammad Jamjoom's specific philanthropic endeavors and amounts could not be found in the search results.

Career Timeline

2023

Jamjoom Pharmaceuticals Factory IPO

The company went public on the Saudi stock exchange

1965-2005

CEO of Jamjoom Medicine Store

Served as CEO

1957

Founded Jamjoom Medicine Store

Jamjoom was founded in 1957

1947

Education

Earned a diploma in commerce from the University of Leeds

Philanthropic Impact

Not AvailableUndisclosed

Not Available

Philanthropic information not found.

Wealth Trajectory