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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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.
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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Graduates with a degree in Civil Engineering (Academic Achievement).
Co-founds ACWA Power (Founding).
ACWA Power executes its successful IPO on the Tadawul (Financial Milestone).
Continues as Co-founder and Chairman, guiding the global utility giant (Executive Oversight).
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.
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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.
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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-0.14% | -$2.29M
-0.01% | -$0.69M
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