Extremely Wealthy
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Wealth and Asset Management
Abdul Latif Jameel family wealth up by $11.5bn after Rivian's IPO
The Abdul Latif Jameel family, who own dealerships of Toyota and Lexus vehicles in Saudi Arabia, has increased its wealth by $11.5 billion, after US electric vehicle maker Rivian surged on its trading debut. Jeddah-based Abdul Latif Jameel group invested $303 million, almost 114 million shares, according to the sale…
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Click here to read the full story: Arab News