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Mohammad Abunayyan

Mohammad Abunayyan

M. Abunayyan
-0.01% | - $-0.22M
$1.67 B ₹ 15,213 Cr
Real Time Net Worth #2330 Ranking as of 21 Feb 2026 By Forbes

More on Mohammad Abunayyan

Gender

Male

Age

73Y

Country

Saudi Arabia

Born On

January, 1953

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

ACWA Power

Titles

Chairman

Sources of Wealth

ACWA Power

Industry

Energy, Utilities, Clean Energy, Water

About Mohammad Abunayyan


M ohammad Abunayyan is a prominent Saudi Arabian businessman and the chairman of ACWA Power, a leading developer and operator of power generation and desalinated water production plants. He represents the third generation of his family's business, which started in the agricultural and water pump sectors. Abunayyan took the family's expertise in water and power and transformed it into a global energy powerhouse.

He founded ACWA Power in 2004 and has since built it into a major international player, with a portfolio of plants across the Middle East, Africa, and Southeast Asia. While the company has developed conventional power plants, Abunayyan has been a key driver in the region's shift towards renewable energy, making ACWA Power a leading developer of large-scale solar power projects. The company's successful IPO on the Saudi stock exchange in 2021 was a landmark event, crystalizing his substantial fortune and highlighting the value of private enterprise in the region's energy transition.

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Quick Reads


  • Chairman of ACWA Power, a major developer of power and water plants.
  • Has built the company into a leading international player with projects across three continents.
  • A key figure in the development of the renewable energy sector in the Middle East.
  • His family's business origins are in the water pump industry.
  • Took ACWA Power public on the Saudi stock exchange in 2021.

Early Life and Background


Mohammad Abdullah Abunayyan is a Saudi Arabian businessman, the self-made billionaire Co-founder and Chairman of ACWA Power (Tadawul: 2082), a global leader in power generation, water desalination, and renewable energy projects. His career is rooted in engineering, resource management, and strategic project development.

Abunayyan holds a degree in Civil Engineering from King Saud University. His philosophical approach centers on scale, long-term infrastructure investment, and technological efficiency in the essential energy and water sectors. His structural contribution is tied to pioneering private sector participation in Saudi Arabia's critical utility infrastructure.

  • ACWA Power (Co-founder & Chairman): The core publicly traded asset, a major global developer and operator of power and water desalination plants (with a significant focus on renewable energy).
  • Infrastructure Pioneer: His success is built on scale development and securing long-term PPAs (Power Purchase Agreements) for major utility projects across Middle East, Africa, and Asia.
  • Academic Background: He holds a degree in Civil Engineering from King Saud University.
  • Investment Strategy: His philosophy is rooted in long-term asset hold and leveraging public-private partnerships (PPPs) for essential infrastructure.

Career Journey of Mohammad Abunayyan


Mohammad Abunayyan's strategic genius was his commitment to solving the power and water crisis in the Middle East with private capital. He co-founded ACWA Power (approx. 2004), successfully building it into a major global force by specializing in low-cost, high-efficiency power and desalination plants. His structural contribution is immense: providing foundational energy and water security for nations in the MENA region and Asia.

The company successfully executed its IPO on the Saudi Exchange (Tadawul). His wealth is secured by the colossal, long-term, stable profitability of the essential utilities and renewable energy infrastructure sector.

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Mohammad Abunayyan's Timeline


1980s (approx.):

Graduates with a degree in Civil Engineering (Academic Achievement).

2004 (approx.):

Co-founds ACWA Power (Founding).

2021 (October):

ACWA Power executes its successful IPO on the Tadawul (Financial Milestone).

Ongoing:

Continues as Co-founder and Chairman, guiding the global utility giant (Executive Oversight).

Major Business Ventures and Investments


Mohammad Abunayyan's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded utility giant, ACWA Power (Tadawul: 2082), and his private investments.

  • ACWA Power (Co-founder & Chairman): The core publicly traded asset, a major global developer and operator of power and water desalination plants (with a significant focus on renewable energy).
  • Infrastructure Pioneer: His success is built on scale development and securing long-term PPAs (Power Purchase Agreements) for major utility projects across Middle East, Africa, and Asia.
  • Academic Background: He holds a degree in Civil Engineering from King Saud University.
  • Investment Strategy: His philosophy is rooted in long-term asset hold and leveraging public-private partnerships (PPPs) for essential infrastructure.

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Philanthropy and Social Impact


Mohammad Abunayyan's social impact is structural, stemming from ACWA Power's role in providing essential power and desalinated water to millions, addressing resource scarcity in arid regions. His commitment to renewable energy provides a major structural contribution to the global clean energy transition. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful privatization and modernization of the Middle East's critical utility and water infrastructure.

Fashion, Style, and Lifestyle


Mohammad Abunayyan maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring traditional Saudi dress or tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital energy sector.

Residing in Riyadh, Saudi Arabia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to infrastructure investment, strategic management, and the long-term stewardship of the energy and water supply chains.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Chairman of ACWA Power (power generation, water desalination).
  • His company is a global leader in renewable energy projects (solar, wind).
  • He holds a degree in Civil Engineering.
  • ACWA Power successfully executed its IPO on the Tadawul.
  • His fortune is tied to the successful privatization and scale of Middle Eastern utility infrastructure.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes cost efficiency and resource security.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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