Full Name Fred Mouawad Religion Christian Net worth 1.1 billion (USD) | Years active 1987 - present Occupation Entrepreneur Name Fred Mouawad | |
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Born February 16, 1969 (age 55) ( 1969-02-16 ) | ||
Fred mouawad speech
Fred Mouawad (born 16 February 1969) is a Lebanese businessman from Zgharta, Lebanon and based in Bangkok, Thailand. He has founded and is the CEO of seven companies. In 2013, Wealth-X named Mouawad the eighth richest diamond owner in the world, with a net worth of $1.1 billion.
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Biography
Born in Lebanon, Fred Mouawad is a member of the fourth generation of the Mouawad family, which owns and runs the Mouawad company. He graduated from Harvard Business School with an MBA in 1994. In college, Mouawad was planning to take over his father's company, but upon his graduation, he found that his father was not interested in retiring, so he changed directions and started other businesses.
Among the enterprises Mouawad founded and runs are:
Fred Mouawad also developed Taskworld, a cloud-based management tool, which led him to study at the Stanford Graduate School of Business to work on the project. He has been a member of the Young Presidents Organization (YPO) since 2010.
Fred Mouawad has been co-guardian and head of the diamond division of the 120-year-old Mouawad family business, along with his younger brothers Alain and Pascal, since his father's retirement in 2010. The company designs, manufactures and sells jewelry and watches. Though best known for its watches, the Mouawad company holds four Guinness World Records; it has designed seven diamond-studded bras that cost between $7 million and $12 million each. As of 2013, the company had not sold any of them. He established Mouawad shops in Rolls Royce dealerships in Abu Dhabi and Jeddah.