Age: 62
Fortune: inherited
Source: Construction
Net Worth: 12.4
Country Of Citizenship: Kuwait
Residence: Kuwait City, Kuwait, Middle East & Africa
Industry: Engineering/Construction
Marital Status: married, no children
Runs $4.3 billion (sales) M.A. Kharafi & Sons in Kuwait, which has benefited from that nation's robust economy. His net worth rose thanks to rising share prices of several holdings including Mobile Telecommunications Co., National Bank of Kuwait, and Americana, operator of U.S. fast food chains. Avid BBC-viewer. Older brother Jassim is a politician in Kuwait parliament; sister Faiza is president of Kuwait University. Has construction contracts in Iraq. Is spending $250,000 over eight years to sponsor the Kharafi Kings, a Kuwaiti softball team that fields mostly U.S. players in a burgeoning league for expats working in the Middle East.
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