Ali Ghandour and Maha Al Juffali • Net Worth $1 Billion • House • Yacht • Private Jet • Ghandour & Sons

Name:Ali Ghandour
Net Worth:$ 1 billion
Source of Wealth:Gandour and Sons
Country:Lebanon / Saudi Arabia
Wife:Maha Al Juffali
Private Jet:Dassault Falcon 7X (M-ALMA)
Yacht:Cocoa Bean

Ali Ghandour: Chairman of Gandour & Sons

Ali Ghandour, esteemed Chairman of the prominent food manufacturing conglomerate, Gandour & Sons, is a household name in the Middle East, North Africa, and India. Alongside his spouse, Maha al Juffali, they share a combined net worth of $1 billion and take pride in being the owners of the luxurious yacht Cocoa Bean.

Key Takeaways:

  • Ali Ghandour is the chairman of the leading food manufacturing company, Gandour & Sons. Together with his wife, Maha al Juffali, they own the luxurious yacht Cocoa Bean.
  • Gandour & Sons has expanded its product offerings over the years, evolving from manufacturing hard-boiled candies and loukoum to offering a wide array of food products, employing over 3,000 individuals.
  • Maha Al Juffali is a member of the affluent Al Juffali family, known for owning Saudi Arabia’s largest privately owned company, the Al Juffali Group.
  • The combined net worth of Ali Ghandour and the Al Juffali family stands at approximately $7 billion. Their assets include prestigious yachts and a robust business portfolio.
  • The Ghandour and Al Juffali families are active philanthropists. Their notable contributions include the establishment of the Help Center, a non-profit organization aiding individuals with intellectual disabilities.

Legacy of Gandour & Sons

Founded in 1857, Gandour & Sons started off as a manufacturer of an assortment of hard-boiled candies, loukoum, and marzipan products. The products were initially sold from a factory store in the vibrant city of Beirut, Lebanon. Over the years, the company has evolved and now Gandour offers an impressive range of food items that includes biscuits, cakes, chocolates, gums, candies, snacks, wafers, and cooking oils, to name a few. Employing over 3,000 people, Ali holds the position of Chairman of the Board, while his wife Maha Al Juffali serves as a board member.

Introducing Maha Ghandour Al Juffali

Maha Al Juffali is the daughter of the late Sheikh Ahmed bin Abdullah Al-Juffali, the founder of E. A. Juffali and Brothers, which stands today as Saudi Arabia’s largest privately owned company, the Al Juffali Group.

The Al Juffali Group Empire

The Al Juffali Group has made significant strides in various business sectors. It holds exclusive distributor rights for Mercedes-Benz passenger cars in the Kingdom of Saudi Arabia and leads the market in air conditioning systems with renowned brands like Carrier. Furthermore, the company has expanded its portfolio to include chemical products, insurance services, and advanced technology, representing global brands like Siemens and Eriksson in Saudi Arabia.

Net Worth of Ali Ghandour and the Al Juffali Family

The personal net worth of Mr. Ghandour surpasses $1 billion. The collective wealth of the Al Juffali family stands at an estimated $6 billion. This affluent family owns several prestigious yachts, including Kolaha, which is owned by Sheikh Khaled Juffali, Maha’s brother.

Philanthropy Efforts

The Ghandour and Al Juffali families are ardent philanthropists. The late Sheik Ahmed Juffali founded the Help Center, a non-profit organization dedicated to improving the quality of life for individuals with intellectual disabilities. Maha Ghandour Juffali actively participates as a director of the Help Center. The organization provides these individuals opportunities to learn, live, work, and play in a safe and nurturing environment. The families’ philanthropic endeavors highlight their commitment to social responsibility, furthering their influence beyond business realms.


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Maha Ghandour Al Juffali

Maha Ghandour Al Juffali

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Ghandour yacht Cocoa Bean

He is the owner of the yacht Cocoa Bean. Ghandour previously owned the 43 meter Broward Marine Cocoa Bean. Which is now named Lady Nora.

The Cocoa Bean Yacht, built in 2013 by Trinity Yachts, is the largest yacht ever built by the company.

Her interior design, crafted by Evan Marshall, is structured to host 12 guests and a crew of 19 comfortably.

She boasts a robust steel hull and an elegant aluminum superstructure, making her a blend of strength and aesthetic appeal.

With twin Caterpillar Marine Engines, she achieves a maximum speed of 16 knots and a comfortable cruising speed of 14 knots.