Mohammed Al Barwani

Mohammed Al Barwani

$1.20 B

Ranked #1533 in World

About Mohammed Al Barwani

Omani billionaire Mohammed bin Ali bin Mohammed Al Barwani, the founder and chairman of the diversified MB Holding Group of companies, boasts a remarkable journey in the business world with his profound influence extending from oil and gas to luxury yachting. Born on October 30, 1951, in Oman, Al Barwani enriched his academic profile with a Bachelor of Science from Miami University and from the University of Texas at Austin before earning a master's and an honorary doctorate in petroleum engineering. Starting his career as a reservoir engineer in 1976, Al Barwani's strategic leadership saw MB Holding venturing into various sectors including mining and engineering services, alongside founding notable entities like Mawarid Mining and Petrogas. His business acumen led to successful acquisitions across Europe and owning prestigious yacht builders. Appointed as the chairman of Oman Air in 2020, Al Barwani, whose net worth stood at US$1.01 billion as of May 2016 according to Forbes, is also celebrated for his personal achievements, including a family dedicated to his business legacy and his passion for yachting. This profile not only underscores Al Barwani’s stature in Oman’s business landscape but also highlights his significant contributions to its economic diversification.

Born

January 01, 1952

Age

74 years

Source Of Wealth

Oil

Industries

Oil

Citizenship

Oman

Residence

Muscat

Spouse

Sharifa al Harthy

Children

5

Mohammed bin Ali bin Mohammed Al Barwani was born on October 30, 1951, in Oman. His early years and childhood were spent in the country, where he developed a strong sense of national pride and a passion for business.

Mohammed Al Barwani: Family

Mohammed bin Ali bin Mohammed Al Barwani is married to Sharifa al Harthy, who serves as the deputy chairman of MB Holding. Together, they have five children, all of whom are actively involved in the family business.

Mohammed Al Barwani: Career Highlights

Mohammed bin Ali bin Mohammed Al Barwani's career is marked by several notable achievements. He started as a reservoir engineer for Petroleum Development Oman (PDO) from 1976 to 1986, where he gained valuable experience in the oil and gas industry. In 1982, he founded MB Holding, initially focused on oilfield services. Over the years, he expanded MB into oil and gas exploration and production, engineering services, and mining.

Some of his key career highlights include founding Mawarid Mining in 1987 and Petrogas in 1999. He also made strategic acquisitions such as KC Drilling in Hungary (1997), Erdol-Edgas Workover in Germany (2000), and United Engineering Services in Oman (2004). In 2012, he acquired Hyspec in the United Kingdom.

Mohammed Al Barwani: Companies

Mohammed bin Ali bin Mohammed Al Barwani is the founder and chairman of MB Holding Group, a diversified conglomerate with interests in various sectors, including oil and gas, mining, engineering services, and property development. Some of the notable companies under the MB Holding umbrella include:

  • Mawarid Mining
  • Petrogas
  • KC Drilling
  • Erdol-Edgas Workover
  • United Engineering Services
  • Hyspec
  • Oceanco
  • Turquoise Yachts
  • Musstir

Mohammed Al Barwani: Major Achievements

Mohammed bin Ali bin Mohammed Al Barwani has achieved significant milestones throughout his career. He is credited with transforming MB Holding from a small oilfield services company into a global conglomerate with operations in multiple countries. His entrepreneurial spirit and strategic vision have played a pivotal role in the success of his businesses.

Mohammed Al Barwani: Awards & Achievements

Mohammed bin Ali bin Mohammed Al Barwani's contributions to the business world have been recognized through numerous awards and accolades.

In 2010, he received an honorary doctorate in petroleum engineering from Heriot-Watt University in Edinburgh, UK. He is also a member of the International SeaKeepers Society, an organization dedicated to preserving the marine environment.

Mohammed Al Barwani: Personal Life & Legacy

Mohammed bin Ali bin Mohammed Al Barwani leads a private personal life. He is known for his dedication to his family and his commitment to philanthropy. He owns several boats, including the 32-meter yacht Sharifa, named after his wife.

Al Barwani's legacy is one of entrepreneurship, innovation, and business acumen. He has inspired a generation of Omani entrepreneurs and has contributed significantly to the economic development of his country.

Mohammed Al Barwani: Trivia

  • Mohammed bin Ali bin Mohammed Al Barwani's net worth is estimated to be US$1.01 billion, according to Forbes (as of May 2016).
  • He was appointed as chairman of Oman Air, the national airline of Oman, in 2020.
  • Al Barwani is a passionate sailor and enjoys spending time on his yacht.
  • He is a strong advocate for environmental conservation and supports various initiatives to protect the marine ecosystem.

Wealth History

Timeline

October 30, 1951

Mohammed bin Ali bin Mohammed Al Barwani is born in Oman.

1975

Mohammed bin Ali bin Mohammed Al Barwani receives a Bachelor's degree in Science from Miami University, Ohio, US.

1980

Mohammed bin Ali bin Mohammed Al Barwani receives a Master's degree.

1981

Mohammed bin Ali bin Mohammed Al Barwani receives a Bachelor of Science degree in Chemical Engineering from the University of Texas at Austin.

1976-1986

Mohammed bin Ali bin Mohammed Al Barwani works as a reservoir engineer for Petroleum Development Oman (PDO).

1982

Mohammed bin Ali bin Mohammed Al Barwani founds MB Holding for oilfield services.

1987

Mohammed bin Ali bin Mohammed Al Barwani founds Mawarid Mining.

1997

Mohammed bin Ali bin Mohammed Al Barwani acquires KC Drilling in Hungary.

1999

Mohammed bin Ali bin Mohammed Al Barwani founds Petrogas.

2000

Mohammed bin Ali bin Mohammed Al Barwani acquires Erdol-Edgas Workover in Germany.

2004

Mohammed bin Ali bin Mohammed Al Barwani acquires United Engineering Services in Oman.

2010

Mohammed bin Ali bin Mohammed Al Barwani receives an honorary doctorate in petroleum engineering from Heriot-Watt University, Edinburgh, UK.

2012

Mohammed bin Ali bin Mohammed Al Barwani acquires Hyspec in the United Kingdom.

2016

Mohammed bin Ali bin Mohammed Al Barwani's net worth is estimated to be US$1.01 billion by Forbes.

2020

Mohammed bin Ali bin Mohammed Al Barwani is appointed as chairman of Oman Air, the national airline of Oman.

Mohammed Al Barwani : FAQs

What is Mohammed Al Barwani's net worth?

As of 2015, Mohammed Al Barwani's net worth was $1.20 billion.

What are Mohammed Al Barwani's main sources of wealth?

Mohammed Al Barwani's main source of income comes from Oil.

In which industry does Mohammed Al Barwani primarily operate?

Mohammed Al Barwani is primarily involved in the Oil industry.

How old is Mohammed Al Barwani?

Mohammed Al Barwani is 74 years old.

How many children does Mohammed Al Barwani have?

Mohammed Al Barwani has 5 children.

Who is Mohammed bin Ali bin Mohammed Al Barwani and what is he known for?

Mohammed bin Ali bin Mohammed Al Barwani is an Omani billionaire businessman, known as the founder and chairman of MB Holding Group of companies, involved in various sectors including oil and gas exploration, engineering services, and mining.

Can you outline the career achievements of Mohammed bin Ali bin Mohammed Al Barwani?

Throughout his career, Al Barwani started as a reservoir engineer for Petroleum Development Oman, founded MB Holding in 1982, expanded into various sectors, founded Mawarid Mining and Petrogas, acquired multiple companies globally, owns luxury yacht builders, and has been involved in property development and board positions in various companies.

What does the personal life of Mohammed bin Ali bin Mohammed Al Barwani entail?

In his personal life, Mohammed bin Ali bin Mohammed Al Barwani is married to Sharifa al Harthy, has five children who all work for MB Holding, and owns several boats, including the 32-meter yacht Sharifa.
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