Jassim Al-Kharafi

$1.25 B

Ranked #1500 in World

About Jassim Al-Kharafi

Jassem Al-Kharafi, a prominent Kuwaiti oligarch and the longest-serving Speaker of the Kuwaiti National Assembly from 1999 to 2011, passed away on May 21, 2015. Born into the influential Al-Kharafi family in Kuwait City in 1940, he played a pivotal role in the country's political and economic spheres. Before his political career, Al-Kharafi gained significant experience as the director of M. A. Kharafi & Sons, the family conglomerate that notably thrived during Sheikh Sabah Al-Ahmad Al-Sabah's emirship, further establishing its dominance in multiple sectors of the Kuwaiti economy. An advocate for dialogue, especially in foreign relations, he notably criticized Western provocations towards Iran and condemned Israeli aggression in Lebanon in 2006. His legacy is also marked by his contributions to education and humanitarian efforts, recognized globally as he was awarded the Honoris Causa by the University of Tirana in 2011.

Died

May 21, 2015 (aged )

Source Of Wealth

Diversfied

Industries

Diversified

Citizenship

Kuwait

Children

Jassem Al-Kharafi was born in Kuwait City in 1940. He was the son of Mohammed Abdulmohsen al-Kharafi, the founder of M. A. Kharafi & Sons, a prominent Kuwaiti conglomerate. Al-Kharafi studied Business Administration at Manchester Trade Faculty in Kuwait.

Jassim Al-Kharafi: Family

Jassem Al-Kharafi came from a prominent and influential family in Kuwait. His brother, Nasser Al-Kharafi, ran M. A. Kharafi & Sons and was listed as one of the richest people in the world by Forbes. His sister, Faiza Al-Kharafi, served as the rector of Kuwait University.

Jassim Al-Kharafi: Career Highlights

Before entering politics, Al-Kharafi served as the Director of M. A. Kharafi & Sons. He later held the position of Minister of Finance from 1985 to 1990. Al-Kharafi's most notable political achievement was serving as the Speaker of the Kuwaiti National Assembly for five terms, the most in Kuwait's history.

Jassim Al-Kharafi: Companies

Jassem Al-Kharafi was closely associated with the M. A. Kharafi & Sons conglomerate, founded by his father. The company has significant interests in various sectors of the Kuwaiti economy, including construction, engineering, manufacturing, and real estate.

Jassim Al-Kharafi: Major Achievements

Al-Kharafi played a crucial role in the ascension of Sheikh Sabah Al-Ahmad Al-Sabah to the emirship of Kuwait in 2006. During Sheikh Sabah's reign, M. A. Kharafi & Sons, under the leadership of Jassem Al-Kharafi, dominated several sectors of the Kuwaiti economy.

Jassim Al-Kharafi: Awards & Achievements

In recognition of his contributions, Jassem Al-Kharafi was awarded the Honoris Causa title by the University of Tirana in 2011.

Jassim Al-Kharafi: Personal Life & Legacy

Jassem Al-Kharafi passed away on May 21, 2015. He left behind a legacy of political leadership, business acumen, and a commitment to the development of Kuwait. Al-Kharafi's contributions to the country's economy and politics continue to be remembered and celebrated.

Jassim Al-Kharafi: Trivia

Jassem Al-Kharafi was known for his outspoken views on various issues.

He publicly criticized the West's approach to the Iranian nuclear issue, advocating for dialogue instead of escalation. Al-Kharafi also denounced the Israeli attacks on Lebanon in 2006, expressing concerns about the potential consequences of the conflict.

Wealth History

Timeline

1940

Jassem Al-Kharafi is born in Kuwait City.

1985-1990

Jassem Al-Kharafi serves as Minister of Finance.

1999-2011

Jassem Al-Kharafi serves as Speaker of the Kuwaiti National Assembly for five terms.

2006

Jassem Al-Kharafi plays a crucial role in the ascension of Sheikh Sabah Al-Ahmad Al-Sabah to the emirship of Kuwait.

2008

Jassem Al-Kharafi publicly accuses the West of provoking Iran on the nuclear issue.

2006

Jassem Al-Kharafi vigorously denounces the Israeli attacks on Lebanon, stating that the war could lead to increased terrorism.

2011

Jassem Al-Kharafi is awarded the Honoris Causa title by the University of Tirana.

May 21, 2015

Jassem Al-Kharafi passes away.

Jassim Al-Kharafi : FAQs

What is Jassim Al-Kharafi's net worth?

As of 2015, Jassim Al-Kharafi's net worth was $1.25 billion.

What are Jassim Al-Kharafi's main sources of wealth?

Jassim Al-Kharafi's main source of income comes from Diversfied.

In which industry does Jassim Al-Kharafi primarily operate?

Jassim Al-Kharafi is primarily involved in the Diversified industry.

Is Jassim Al-Kharafi dead?

Yes, Jassim Al-Kharafi died on May 21, 2015 (aged ).

How many children does Jassim Al-Kharafi have?

Jassim Al-Kharafi has 6 children.

Who was Jassem Al-Kharafi and when did he serve as Speaker of the Kuwaiti National Assembly?

Jassem Al-Kharafi was a Kuwaiti oligarch who served as the Speaker of the Kuwaiti National Assembly from 1999 to 2011. He passed away on May 21, 2015.

What is the background of Jassem Al-Kharafi's early life and his role in the family business?

Born in Kuwait City in 1940, Jassem Al-Kharafi was the son of Mohammed Abdulmohsen al-Kharafi, founder of M. A. Kharafi & Sons. He studied Business Administration and became a director of the family business before entering politics.

How did Jassem Al-Kharafi contribute to Kuwaiti politics?

Jassem Al-Kharafi made significant contributions to Kuwaiti politics by serving as Speaker of the National Assembly for five terms, a record in Kuwait's history, and played a vital role in the ascension of Sheikh Sabah to the emirship in 2006.

What were Jassem Al-Kharafi's views on Iran's nuclear issue?

Jassem Al-Kharafi publicly accused the West of provoking Iran over its nuclear issue in 2008 and advocated for dialogue rather than escalation as a solution.

How did Jassem Al-Kharafi react to the 2006 Israeli attacks on Lebanon?

Jassem Al-Kharafi vigorously denounced the Israeli attacks on Lebanon in 2006, expressing his concern that the conflict would lead to increased terrorism.