Suhail Salim Bahwan Net Worth and Professional Success 2024

One of Oman's biggest group companies, Suhail Bahwan Group, was founded and managed by Suhail Bahwan. It is a significant fertilizer producer with an annual urea production of 1.3 million tons. Additionally, it owns BWM and Nissan dealerships. Using a single dhow he had inherited from his father, he started as a small-scale merchant in Sur, Oman, doing commerce between Oman and India. 

He relocated to the capital, Muscat, in 1965, when he and his brother Saud started Suhail & Saud Bahwan, a store in the Muttrah Souq. At first, they dealt in fishing nets and construction equipment. He got a local license for Seiko in 1968 and a Toyota license in 1975. He separated from his brother in 2002, although the sibling continued to head Toyota.

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Suhail Bahwan Net Worth 2024

Suhail Bahwan's net worth is estimated to be $1.8 billion. In 1965, the Suhail Bahwan Group started selling general items in Oman. The corporation currently operates over 40 companies in the Gulf, North Africa, and South Asia.

Last year, the chairman of Suhail Bahwan Group went to his daughter Amal Bahwan, giving her major power over running the business, which brought in $4 billion in revenue in 2016. It is one of the biggest privately held businesses in the 5 million-person Kingdom of Oman, having holdings in various industries, including auto dealerships, oil and gas services, and fertilizers.

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Biography Personal Life

Suhail Bahwan is married. He and his wife have 15 children. He currently lives in Muscat, Oman, with his family.

Early Life

Beginning as a small-scale trader in Sur, Bahwan operated a business between Oman and India from a single dhow he inherited from his father. Suhail & Saud Bahwan was the store he and his brother Saud started in the Muttrah Souq in the city of Muscat in 1965. At first, they dealt in fishing nets and building equipment.

He first acquired a local license for Seiko in 1968 and later for Toyota.

With a wide range of commercial activities, including fertilizers, healthcare, construction, and vehicles, the Saud Bahwan Group is currently the largest privately held company in Oman. He and his brother broke up in 2002, which divided the Saud Bahwan into two parts.

Suhail Bahwan Careers

In 2016, Bahwan gave Mohammed Nasser, his sixth child, and Amal Bahwan, his second-eldest daughter, most of the management duties for the Saud Bahwan Group.

After investigating whether they helped transfer money from automaker Renault to its former chair and CEO for personal use, the French prosecutor's workplace in Nanterre issued a global arrest warrant for Bahwan and former CEO Carlos Ghosn in April 2022. It is said that his wealth dropped to $600 million in 2022.

The company operates in the following sectors: chemicals and fertilizers, healthcare, energy and electricity, telecom, engineering and infrastructure, IT, and lifestyle. It has 7,000 employees and has the power to represent more than 100 international brands.

Saud Bahwan turned the Saud Bahwan Group into a multibillion-dollar company. In 2021, he was the only Omani on the yearly list of the world's billionaires.

Suhail Bahwan Daughter

Fundamentally, it is a tale of a father-daughter bond set against the backdrop of a traditional community. She is the sixth of Bahwan's fifteen children. The group's senior managers include Amal's brothers Ahmed, Omar, Othman, and Saad, but Suhail Bahwan held a special place in his heart for his second-eldest daughter. Amal explains, "I was the closest daughter or family member." "The family is aware of it."

 During a conflict between Bahwan and his former business partner, his late brother Saud, she moved through the company's ranks, helping modernize the family enterprise and leading it from being a licensed distributor for over 500 foreign companies to a major producer of chemicals and fertilizers. Today, the group's top earners are fertilizers.

Frequently Asked Questions

Q. Who is Saud Bahwan?

Mohammed Saud Bahwan, an Omani billionaire businessman, was born around 1938 and is the brother of Suhail Bahwan.

Q. Who is the CEO of Bahwan group?

The Saud Bahwan Group, headed by Chairman Mohammed Saud Bahwan, continues the company's mission of improving people's lives in various ways.

Q. Who is the chairman of the Suhail Bahwan group?

The business serves the following sectors: chemicals and fertilizers, healthcare, energy and electricity, telecom, engineering and infrastructure, IT, and lifestyle. As of February 2024, Suhail Bahwan, the group's chairman, had a net worth of $1.8 billion.