Age, Biography and Wiki
Omar Aggad is a founder and entrepreneur who has been active in the business world since the 1950s. He is best known for founding the Arab-Israeli conglomerate, Aggad Group, which is one of the largest companies in the Middle East. He is also the founder of the Arab-Israeli Chamber of Commerce and Industry, which is the largest business organization in the region.
Omar Aggad was born in Jaffa, Mandatory Palestine, in 1927. He attended the American University of Beirut and graduated with a degree in economics. After graduating, he moved to Israel and began working in the business world. He founded the Aggad Group in the 1950s and has since grown it into one of the largest companies in the Middle East.
Omar Aggad is a philanthropist and has donated to numerous charities and organizations. He is also a member of the World Economic Forum and has been a speaker at various international conferences. He is a strong advocate for peace and has been involved in numerous peace initiatives in the Middle East.
Omar Aggad is 91 years old and has an estimated net worth of $1.5 billion.
| Popular As |
Omar A. Aggad |
| Occupation |
Businessman |
| Age |
91 years old |
| Zodiac Sign |
Aries |
| Born |
20 April 1927 |
| Birthday |
20 April |
| Birthplace |
Jaffa, Mandatory Palestine |
| Date of death |
(2018-02-01) Canada |
| Died Place |
Canada |
| Nationality |
Israel |
We recommend you to check the complete list of Famous People born on 20 April.
He is a member of famous Founder with the age 91 years old group.
Omar Aggad Height, Weight & Measurements
At 91 years old, Omar Aggad height not available right now. We will update Omar Aggad'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 Omar Aggad's Wife?
His wife is Malak Aggad
| Family |
| Parents |
Not Available |
| Wife |
Malak Aggad |
| Sibling |
Not Available |
| Children |
3, including Tarek Aggad |
Omar Aggad Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Omar Aggad worth at the age of 91 years old? Omar Aggad’s income source is mostly from being a successful Founder. He is from Israel. We have estimated
Omar Aggad's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Founder |
Omar Aggad Social Network
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Timeline
In 2018, Omar Aggad was posthumously decorated with the “Great star of Merit” of the “Order of Jerusalem” by President Mahmoud Abbas of Palestine in recognition of his philanthropy, pioneering role, and outstanding national commitment, and as an appreciation for his honorable lifetime struggle in defending his homeland Palestine, the Palestinian people, and the Palestinian just cause. The Award described Omar Aggad’s passing as a “Great National Loss”. Tarek Aggad, son of Omar Aggad and his wife received the Merit from President Abbas on his late father’s behalf.
Omar Aggad died on 1 February 2018 at the age of 90.
Since its founding, APIC has become one of the largest operators in Palestine, employing over 2000 people. Subsidiaries of APIC offer a wide array of products and services through distribution rights agreements with multinational companies that include Philip Morris, Procter & Gamble, Kellogg's, Hyundai, Chrysler, Dodge, Jeep, Alfa Romeo, Fiat, Fiat Professional, XL Energy, Abbott, B. Braun, Eli Lilly, GlaxoSmithKline, Sanofi Aventis and Nivea, among many others.
APIC was registered in the British Virgin Islands in September 1994. In 1996, it was registered with Palestine's Ministry of National Economy as a foreign private shareholding company, and became into a foreign public shareholding company in 2013. In March 2014, APIC shares were listed on the Palestine Exchange (PEX: APIC). Its authorized capital is US$100 million, and its paid-up capital is US$95 million as of September 2020.
He was the founder of Aggad Investment Company (AICO) in 1975, and the founder and former chairman of the Arab Palestinian Investment Company (APIC). He led a group of investors to purchase 25% of Smith Barney in 1982, and served on its board of directors.
After working for a few years in the UK, he moved to Saudi Arabia in 1950 where he joined the Juffali Group as a senior manager. In 1975, he ventured out on his own and created what would become one of the leading investment groups in Saudi Arabia. He established over 40 industrial and trade ventures in Saudi Arabia, most of which still exist.
Omar A. Aggad (Arabic: عمر العقاد; 20 April 1927 – 1 February 2018) was a Saudi Palestinian businessman, the founder of Aggad Investment Company (AICO), and the founder and former chairman of Arab Palestinian Investment Company (APIC).
Aggad was born in Jaffa, Mandatory Palestine, in 1927, and attended Alrashidieh College in Jerusalem. He subsequently received a scholarship to attend the University of Manchester in the UK where he graduated with degrees in electrical and mechanical engineering.
