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2703
In the world today
Yousuf Mohammad Salah Jamjoom

Yousuf Mohammad Salah Jamjoom

Y. Jamjoom
-0.01% | - $-0.14M
$1.35 B ₹ 12,235 Cr
Real Time Net Worth #2703 Ranking as of 21 Feb 2026 By Forbes
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More on Yousuf Mohammad Salah Jamjoom

Gender

Male

Age

99Y

Country

Saudi Arabia

Born On

January, 1927

Deceased

No

Relationship Status

Unknown

Children

1

Education

University Of Wales - Diploma

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Pharmaceuticals)

Primary Organization

Jamjoom Pharmaceuticals

Titles

Founder & Board Member

Sources of Wealth

Pharmaceuticals

Industry

Healthcare, Pharmaceuticals

About Yousuf Mohammad Salah Jamjoom

Y ousuf Mohammad Salah Jamjoom is a prominent Saudi businessman and the founder of Jamjoom Pharmaceuticals Factory, a leading producer of pharmaceuticals in the Middle East. He laid the groundwork for the company by serving as the CEO of Jamjoom Medicine Store from 1965 to 2005, where he specialized in the distribution and storage of medical products. His deep industry experience enabled the transition from distribution to manufacturing, establishing a powerhouse in the Saudi healthcare sector.

He holds a nearly 42% stake in the company, which successfully went public on the Saudi stock exchange (Tadawul) in 2023. A veteran of the industry, Yousuf earned a diploma in commerce from the University of Wales in the UK back in 1947. Today, he serves as a board member while his son, Mahmoud Yousuf Jamjoom, chairs the company, ensuring the family's legacy continues in providing over-the-counter medicines and prescription drugs to the region.

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Quick Reads

Early Life and Background

Yousuf Mohammad Salah Jamjoom is a Saudi Arabian businessman, a founder and board member of Jamjoom Pharmaceuticals Factory (Tadawul: 4015), one of Saudi Arabia's largest producers of over-the-counter (OTC) medicines.

Yousuf earned a diploma in commerce from the University of Wales in the U.K. in 1947. From 1965 to 2005, he served as the CEO of Jamjoom Medicine Store, which specialized in storing and distributing pharmaceutical products.

  • Core Company: Jamjoom Pharmaceuticals Factory (OTC medicines producer).
  • Ownership: Owns a nearly 42% stake in the company.
  • Education: Earned a diploma in commerce from the University of Wales in 1947.

Career Journey of Yousuf Mohammad Salah Jamjoom

Yousuf Mohammad Jamjoom's career spans decades in the Middle East's pharmaceutical industry, from distribution to manufacturing. His structural achievement is tied to scaling the business from the Jamjoom Medicine Store into Jamjoom Pharmaceuticals Factory, one of Saudi Arabia's largest OTC medicine producers.

He holds a commanding nearly 42% stake in the company, which is based in Jeddah and went public on the Saudi stock exchange in 2023. His son, Mahmoud Yousuf Jamjoom, serves as the chairman.

  • IPO: Went public on the Saudi stock exchange in 2023.

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Yousuf Mohammad Salah Jamjoom's Timeline

1947:

Earned a diploma in commerce from the University of Wales.

1965–2005:

Served as CEO of Jamjoom Medicine Store.

Ongoing:

Founded Jamjoom Pharmaceuticals Factory.

2023:

Company went public on the Saudi stock exchange.

Major Business Ventures and Investments

Yousuf Mohammad Jamjoom's wealth is concentrated in his large founding stake and continued board presence at the publicly traded pharmaceutical giant, Jamjoom Pharmaceuticals Factory.

  • Jamjoom Pharmaceuticals (Founder & Board Member): One of Saudi Arabia's largest producers of over-the-counter medicines.
  • Prior Executive Role: CEO of Jamjoom Medicine Store from 1965 to 2005.
  • Sector Focus: Pharmaceuticals, healthcare, and manufacturing.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is a founder and board member of Jamjoom Pharmaceuticals Factory, one of Saudi Arabia's largest producers of over-the-counter medicines.
  • He owns a nearly 42% stake in the company.
  • His son Mahmoud Yousuf Jamjoom is the chairman.
  • He was CEO of Jamjoom Medicine Store from 1965 to 2005.

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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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