| Name: | Fahad al Athel |
| Net Worth: | US$ 2.2 billion |
| Source of Wealth: | FAL Holdings |
| Born: | May 10, 1948 |
| Age: | |
| Country: | Saudi Arabia |
| Wife: | Unknown |
| Children: | Bader, Mohammad, Turki |
| Residence: | Cologny |
| Private Jet: | (VP-CFA) Embraer Legacy 600 |
| Yacht: | Elements |
Fahad al Athel is the founder of FAL Holdings. He was born in May 1948. He is married and has 3 sons. He is one of the most powerful men in Saudi Arabia.
Fal Holdings is a leading company based in Saudi Arabia. The group is active in healthcare, technology, and real estate.
The group’s companies include GAMA Hospital, Detecon al Saudi (Active in communication and IT), FAL Beach Resort, and FAL Motors, importer of ZXAUTO, which is the second-largest automobile brand in the Republic of China.
FAL Holdings has revenues of more than US$ 600 million and has more than 4,000 employees. The group also owns London Ashford Airport and yacht builder YachtLey.
Yachtley
Yachtley is a shipyard based in Turkey. The yard has built two superyachts: Elements and Nourah of Riyadh. The company is also active in refitting yachts.
His net worth is estimated at US$ 2.2 billion.
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Sheikh Fahad al Athel resides in Saudi Arabia, but he also owns a large house in Cologne, Switzerland.
He is the owner of the yacht Elements. It was built at YachtLey, which is part Al Athels’ FAL Group. The yacht was originally built for another owner, who withdrew from the project.
Sheikh al Athel owns an Embraer ERJ-135BJ Legacy 600 private jet with registration VP-CFA. The private jet was built in 2010. An Embraer Legacy 600 has s a list price of US$ 25 million. Al Athel previously owned a smaller Embraer Legacy.
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