Age, Biography and Wiki

Saleh Abdullah Kamel was born on 1941 in Mecca, Saudi Arabia, is a Saudi Arabian businessman (1941–2020). Discover Saleh Abdullah Kamel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 79 years old?

Popular As N/A
Occupation Businessman
Age 79 years old
Zodiac Sign
Born 1941
Birthday 1941
Birthplace Mecca, Saudi Arabia
Date of death 18 May, 2020
Died Place Jeddah, Saudi Arabia
Nationality Saudi Arabia

We recommend you to check the complete list of Famous People born on 1941. He is a member of famous Chairman with the age 79 years old group.

Saleh Abdullah Kamel Height, Weight & Measurements

At 79 years old, Saleh Abdullah Kamel height not available right now. We will update Saleh Abdullah Kamel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Saleh Abdullah Kamel's Wife?

His wife is Safaa Abu Al Saud, Maydah Nazer

Family
Parents Not Available
Wife Safaa Abu Al Saud, Maydah Nazer
Sibling Not Available
Children 9

Saleh Abdullah Kamel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Saleh Abdullah Kamel worth at the age of 79 years old? Saleh Abdullah Kamel’s income source is mostly from being a successful Chairman. He is from Saudi Arabia. We have estimated Saleh Abdullah Kamel's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1941

Kamel was born in Mecca in 1941.

He was educated in Mecca, Taif, and Jeddah.

1963

He earned a bachelor’s degree in commerce from the University of Riyadh in 1963.

2002

He owned the ART TV network, the only sports channels that broadcast the 2002 and 2006 FIFA world cups in the Middle East.

2005

Ultimately, all claims were subsequently dismissed in entirety by the U.S. District Court of Southern New York in 2005.

Despite controversy surrounding his philanthropic work, the District Court ruled that Kamel had never knowingly abetted any extremist entities.

2009

In 2009 these sports channels were bought by the Al Jazeera Group.

Kamel moderated many plans of the City Hall, such as garbage collecting and plans for traffic police, such as driving licenses tests, water desalination plant work and roads building.

His companies were also contracted to maintain the region's pilgrimage sites and Holy Mosques of Mecca and Medina.

Dallah al Baraka Group, property of al Baraka Banking and Investment Group chaired by Kamel, was named in a lawsuit put forward by families of victims of the 9/11 attacks.

The plaintiffs alleged that subsidiaries of the group were involved in illicit finance that aided extremists.

2010

Kamel was called "the father of contemporary Islamic finance", receiving Malaysia's Royal Award for Islamic Finance in November 2010.

He attempted to significantly expand trade among member states of the Organization of Islamic Cooperation countries and to promote Jeddah as a leading international port and hub for global commerce.

In his capacity as chairman of DBHC and the JCC, he led numerous projects to promote the Kingdom of Saudi Arabia as a regional economic force.

Kamel stated that his vision was to combine the efforts of his DBHC and the Chamber of commerce with ongoing mega-infrastructure projects such as King Abdullah Port, the Economic City, the new railways, and the King Abdullah International Airport to catalyze domestic business across the Kingdom.

He was also behind the creation of the Saudi national bus company - Saudi Public Transport Company, a/k/a "SAPTCO".

Saptco was created by signing contracts with American transportation companies to manage it, with the money being provided by the Saudi government, and Saleh Kamel acting as the middleman and collecting a percentage of the contracts as a fee.

The initial bus fare within cities was one Saudi riyal, by royal degree, but this has been overturned and the fare increased.

Kamel promoted philanthropy.

"I can tell you," he said that Islamic economics offers solutions for world problems." Referring to global economic crises he said they would not have occurred if we had implemented an Islamic Hadith by Muhammad which says, "Do not sell what you do not own or possess." In 2010, his son, CEO of DHBC, donated $10 million to Yale University to establish the Abdallah S. Kamel Center for the Study of Islamic Law and Civilization at Yale Law School

In addition to being chairman and member of many boards within his companies and sister companies, Kamel was a member of the boards of trustees and directors in many social, charitable and cultural societies and foundations such as the Arab Thought Foundation, King Abdul Aziz and His Companions Foundation for Gifted, the international academy for info & Media Sciences, Arab Academy for Financial & Banking and the Islamic Solidarity fund.

Sheikh Saleh Kamel was also the president of the Islamic Chamber of Commerce & Industry, the General Council for Islamic Banks and Financial Institutions, Jeddah Chamber of Commerce & Industry, Council of Saudi Chambers and Federation of GCC Chambers.

2012

In an interview with Arab News in 2012, Kamel estimated the total value of Islamic zakat in the Kingdom at SR 1 trillion.

"Such a huge amount could be used to solve many economic and social problems in the country."

He said that people should pay zakat for real estate properties that have been offered for sale.

"We Muslims should understand the economic wisdom behind the system if we collect and use zakat properly for it can bring about substantial improvement in our economic conditions. If we had collected zakat from real estate property we would not have faced housing or land problems."

He recalled discussing this matter with German Chancellor Angela Merkel.

2017

He had a net worth estimated at US$10.6 billion, as of March 2017.

He was the chairman and founder of the Dallah al Baraka Group (DBHC), one of the Middle East's largest conglomerates.

He was also the chairman of the General Council for Islamic Banks and the Jeddah Chamber of Commerce.

He was arrested by the Saudi authorities on 4 November 2017, among other businessmen such as Al-Waleed bin Talal.

As of March 2017, Forbes estimated his net worth at US$2.3 billion.

On 4 November 2017, Kamel was arrested in Saudi Arabia in a "corruption crackdown" conducted by a new royal anti-corruption committee.

It was the first purge organized by Crown Prince Mohammad bin Salman.

Kamel has been honored by many medals, titles and prizes including:

Kamel was the owner of Durrat Al-Arus, a resort in Jeddah, Saudi Arabia.

2018

In 2018, he was removed from its list of billionaires, as it was no longer clear what assets he owned.

Saleh Kamel was the founder and chairman of Dallah Albaraka, a multi-national holding company with investments including the financial, banking, healthcare, real estate, manufacturing, transportation, and operations and maintenance sectors.

He was chairman of the Jeddah Chamber of Commerce and Industry, and the Islamic Chamber of Commerce.

2020

Saleh Abdullah Kamel (1941 – 18 May 2020) (صالح عبد الله كامل Ṣaleḥ 'Abdullāh Kamel) was a Saudi billionaire businessman.