LeaderPortfolio
Jamjoom
Yousuf Mohammad Jamjoom
Rank #2577
SAUDI ARABIAHealthcarePharmaceuticals

Yousuf Mohammad Jamjoom

Net Worth
$1.52B
+1.5% (24h)
Yousuf Mohammad Jamjoom, at 96 years old, is a prominent Saudi Arabian billionaire. His wealth, estimated at $1.4 billion, stems from his role as a founder and board member of Jamjoom Pharmaceuticals Factory, one of Saudi Arabia's largest producers of over-the-counter medicines. His career includes a significant tenure as CEO of Jamjoom Medicine Store from 1965 to 2005, and he holds a diploma in commerce from the University of Wales. Jamjoom's focus on pharmaceuticals has positioned him as a key player in the healthcare industry, particularly in the Middle East and Africa.

The Full Dossier

Early Life

Yousuf Mohammad Jamjoom was born in 1929. He earned a diploma in commerce from the University of Wales in the U.K. in 1947.

Rise to Success

Jamjoom's career began with a focus on pharmaceutical distribution and manufacturing. He served as the CEO of Jamjoom Medicine Store from 1965 to 2005. Jamjoom is a founder and board member of Jamjoom Pharmaceuticals Factory, which went public in 2023. The company is based in Jeddah, Saudi Arabia, and is a significant producer of over-the-counter medicines.

Key Business Strategies

Jamjoom's success is rooted in the strategic growth of Jamjoom Pharmaceuticals Factory. The company has expanded its operations across the Middle East and Africa, with a focus on high-quality pharmaceutical products. The company's commitment to innovation and patient-centered care has enabled its position in the generics market. Jamjoom's nearly 42% stake in the company highlights his influence and impact on the business.

Philanthropy

The search results do not provide specific amounts of philanthropy for Yousuf Mohammad Jamjoom. However, Jamjoom Pharma supports charitable organizations. Jamjoom Pharma runs projects to familiarize recent graduates with the manufacturing sector and supports charitable organizations, such as Al-Basar, in carrying out blindness control schemes.

Career Timeline

2023

Jamjoom Pharma went public

Jamjoom Pharmaceuticals Factory went public on the Saudi stock exchange.

2000

Jamjoom Pharma Operations

Jamjoom Pharma established operations.

1965-2005

CEO of Jamjoom Medicine Store

Served as CEO of Jamjoom Medicine Store.

1947

Graduated with a Diploma in Commerce

Earned a diploma in commerce from the University of Wales in the U.K..

Philanthropic Impact

HealthcareUndisclosed

Support of Charitable Organizations

Jamjoom Pharma supports charitable organizations, such as Al-Basar, in carrying out blindness control schemes.

Wealth Trajectory