| Name: | Ali Ghandour |
| Net Worth: | $ 1 billion |
| Source of Wealth: | Gandour and Sons |
| Born: | 1940s |
| Age: | |
| Country: | Lebanon / Saudi Arabia |
| Wife: | Maha Al Juffali |
| Children: | Unknown |
| Residence: | Unknown |
| Private Jet: | Dassault Falcon 7X (M-ALMA) |
| Yacht: | Cocoa Bean |
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.
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.
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 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.
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.
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.
http://www.helpcenter.med.sa/home/structure
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We have not yet been able to identify his home. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
Beirut, the capital city of Lebanon, is a dynamic hub of culture, history, and economic activity in the Middle East. Its rich past, dating back more than 5,000 years, is a testament to its strategic location along the Mediterranean Sea, and its ability to withstand various conquests. Today, the city is a vibrant mix of the old and new, where historic buildings stand alongside modern architecture, symbolizing its resilience and constant reinvention.
In the heart of Beirut lies its bustling downtown district, home to luxury boutiques, renowned restaurants, and lively nightlife, a testament to its cosmopolitan appeal. However, it also bears the marks of a tumultuous past, visible in the war-scarred buildings and monuments.
As a center for finance and commerce, Beirut has a robust economy characterized by banking and tourism sectors. The city’s landscape is dotted with numerous universities, fostering an educated workforce that contributes to the city’s burgeoning IT and media industries. Despite its challenges, Beirut continues to be a city of allure and endless potential.
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.
Ghandour is the owner of a Dassault Falcon 7X private jet with registration M-
The Dassault Falcon 7X is a tri-jet business aircraft manufactured by Dassault Aviation. It is designed to accommodate up to 19 passengers in a spacious and luxurious cabin and has a range of approximately 5,700 nautical miles. The Falcon 7X features advanced technology and avionics, including fly-by-wire controls, a spacious and well-appointed cabin, and a smooth and quiet ride. The aircraft is known for its exceptional range, speed, and comfort, making it a popular choice for VIP and corporate customers. The price of a Dassault Falcon 7X can range from $40 million to $60 million or more, depending on the age of the aircraft, its configuration, and other factors. It’s important to note that the cost of owning and operating a Falcon 7X also includes ongoing expenses such as maintenance, fuel, and crew salaries.
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Yacht Owners Database 2024
