Jassim Al-Kharafi Net Worth

Jassim Al-Kharafi was a prominent figure in Kuwait, serving as speaker of the Kuwaiti National Assembly from 1999 to 2011. He came from a wealthy family, as his father Mohammed Nasser founded the Kharafi Group. Upon his death in 2015, Jassim, his brother Nasser, and six other siblings inherited the group. Nasser initially ran the business while Jassim pursued politics, but at the time of his death, Jassim was chairman of the Kharafi Group. His brothers Fawzi and Mohannad are also billionaires.
Jassim Al-Kharafi is a member of Diversified

Age, Biography and Wiki

Birth Year 1940
Birth Place Kuwait
Died On 21 May 2015 (age 75)
Known for speaker of the Kuwaiti National Assembly from 1999 to 2011
Spouse(s) married
Children 6
Parent(s) Mohammed Al-Kharafi
Relatives Nasser Al-Kharafi (brother) Faiza Al-Kharafi (sister) Fawzi Al-Kharafi (brother)

💰 Net worth: $1.25 Billion (2024)

Jassim Al-Kharafi, a renowned name in Kuwait, has emerged as a prominent figure in the business world. With his diversified portfolio of investments, his net worth is estimated to reach an impressive $1.25 billion in 2024. Al-Kharafi's successful ventures in various industries have contributed significantly to his substantial wealth. His ability to navigate the complexities of different sectors, both locally and globally, has earned him immense recognition. Jassim Al-Kharafi's exceptional leadership and strategic acumen have solidified his reputation as a distinguished entrepreneur, leaving an indelible mark on Kuwait's business landscape.

2012 $1.2 Billion
2013 $1.25 Billion
2014 $1.3 Billion
2015 $1.25 Billion
2018 $1.25 Billion

Some Jassim Al-Kharafi images



Jassem Al-Kharafi was born in Kuwait City in 1940, the son of Mohammed Abdul Mohsen Al-Kharafi, the founder of M. A. Kharafi & Sons.


Al-Kharafi was elected Speaker of the National Assembly in 1999. He was reelected as Speaker in all elections after until deciding that he would not stand for reelection in the 2012 National Assembly elections. This was due to Al-Kharafi wanting to focus on the family Business after the death of his brother Nasser Al-Kharafi. Ahmed Al-Sadoun succeeded him as Speaker of the National Assembly.


On November 3, 2007, Al-Kharafi told the pan-Arab Arabiya television in an interview that he had "question marks" about Prime Minister Nasser Mohammed Al-Ahmed Al-Sabah's decisions. A transcript of the interview was published in Alrai daily, which included Al-Kharafi's comment that too many reshuffles necessitate "a review and an evaluation of what measures should be taken." Al-Kharafi said the reshuffle should not have been put off for the whole summer and that it indicated a "policy of patching" up problems, rather than solving them.


The meeting occurred on June 30, 2008, to discuss the latest US State Department report that accorded Kuwait a tier three status on trafficking in people for its treatment of domestic helpers and foreign workers. Later, the head of the committee, Waleed Al-Tabtabai, said the meeting was held on the basis of a request by the embassy and that the committee has not "overstepped the authorities of the speaker or the foreign ministry," adding that the committee had received similar requests in the past.


Al-Kharafi's family is wealthy. His brother Nasser was listed by Forbes as one of the richest people in the world. His sister, Faiza, was rector of Kuwait University. The University of Tirana on 7 October 2011 gave him an Honoris Causa title.