Mohamed Bin Issa Al Jaber
Mohamed Bin Issa Al Jaber and family are up one place to third position on this years’ list of the wealthiest people in food and drink on the Sunday Times Rich List.
The Saudi billionaire runs London-based MBI International Holding Group, with interests in food, energy, real estate and hotels.
His wealth has increased by £1.6bn to £6.16bn over the past year.
He founded food processing and distribution business AJWA in 1993. The firm produces food products including rice, grains, poultry, livestock feed and vegetable oil throughout the Kingdom of Saudi Arabia.
The AJWA Group also processes, distributes and markets edible oils, food products including rice, poultry, livestock, frozen vegetables and fruits, bread and vegetable oil in Egypt.