Kutayba Alghanim: Net Worth, House, Private Jet and yacht Samar
Author: Peter Yachtfan
77 m (253 ft)
12 in 6 cabins
26 in 13 cabins
H2 Yacht Design
Samar Boat Price:
US$ 100 million
Samar Yacht For Sale:
Contact a Sales Broker
Samar Yacht Charter:
Contact a Charter Broker
Kuwait / USA
Kutayba Alghanim Net Worth:
US$ 1.4 billion
January 7, 1944
Waleed, Omar, Bassam and Samar
Lloyd Harbor, NY, USA
Gulfstream G550 (N5GV)
Gulfstream G550 (N555GV)
The yacht was listed for sale as her owner is building a new yacht. : We were told that the 108 meter Benetti FB 272 named yacht ZoZa is the replacement for Samar. But in April 2020 she was named Luminosity and listed for sale. We heard about ‘some issues’ between owner and yard.
He is shareholder and chairman of Alghanim Industries. He was born in 1944. He was married and has 4 children (Waleed, Omar, Bassam and Samar).
Alghanim Industries is one of the largest privately owned companies in Kuwait and the Gulf region.
It operates in more than 40 countries. It was founded by his father Yusuf Ahmed Alghanim.
Kutayba graduated at the University of California, and returned to Kuwait in 1970.
The Alghanim family has a long history as commercial merchants in the region. Already in the 1930’s the company founded by his grandfather had 4,000 employees.
Alghanim introduced General Motor vehicles in Kuwait. And became one of the largest GM agencies in the world.
Alghanim Automotive is Kuwait's biggest auto dealer. For brands as Chevrolet and Cadillac. Nowadays Alghanim Industries holds the agencies for companies like Sony Ericsson, Samsung, Siemens, Nokia, IBM, Dell, Daewoo, Compaq and Philips.
The family business has more than 14,000 employees. And has been recognized as one of the Best Employers in the Middle East. And as one of Asia’s Best Employer Brands.
His son Omar Kutayba Alghanim is the CEO of Alghanim Industries. He is also Chairman of the Gulf Bank. The Gulf Bank is one of the largest banks in Kuwait. Omar was awarded the titel ‘Businessman of the Year’ in 2013. By Arabian Business Magazine.
The Alghanim family owns two Gulfstream G550 private jets. The jets have registration N5GV and N555GV.
Both have the same color scheme. A G550 has a list price of US$ 60 million.
Forbes estimates his net worth at US$ 1.4 billion.
He lives with his wife in Lloyd Harbor, near New York City.
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She can accommodate 18 guests and a crew of 20. Samar has large pool, a gymnasium, a cinema and several bar areas.
She has an opulent interior, designed by Joe Thome. The luxury yacht is powered by 3 Wärtsilä diesel -
The yacht carries several toys, including a Mini Cooper and a Bell 407 helicopter.
The helicopter with registration N407MS is registered to the US based Wilmington Trust of Delaware.
Superyacht Samar is owned by Kuwaiti Kutayba Alghanim. SuperYachtFan received information that she is actually US owned. And this makes sense as Mr. Alghanim resides in the USA.
SuperYachtFan found that Kutayba owns two New York residences. A large mansion in Manhattan, and a 48 acre estate on Long Island. The Long Island estate is listed for sale asking US$ 55 million.
She is also often seen with another helicopter, with registration N477KA. KA will probably refer to the owners name… So Samar is indeed owned by Alghanim.
The boat is available for yacht charter. And she was listed for sale. As her owner is replacing her with a larger yacht.
We were told that the 108 meter (353ft) Benetti FB272 will be the replacement for Samar. She was launched early 2019. The Soza boat has a steel hull and a aluminum superstructure.
Her interior is designed by Zaniz Interiors. Do you know more about the FB 272 project? Please do send us a message.
To our surprise the Benetti FB272 was listed for sale in April 2020. Her asking price is EUR 225 million (US$ 250 million). We heard about some issues between the yard and the owner.
Do you know more? Please do send us a message.
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