Nasser Al-Rashid

Who is Nasser Al-Rashid?

Nasser Al-Rashid is a Saudi Arabian businessman. He is reputedly an influential advisor to the Saudi royal family and a billionaire. However he is not included in the Forbes list of the world's richest people as his personal wealth, like that of many Saudi insiders, cannot be assessed with much accuracy from publicly available information.

He is an alumnus and donor of the University of Texas, which has the Dr. Nasser Al-Rashid Strength and Training Center named in his honour. He is also a large donor to the University of Miami and its medical school. He owns one of the largest yachts in the world, the Lady Moura, which reportedly cost him over US$200 mm to build in the late 1980s.

His previous wife, Mouna Ayoub, is considered to be a French socialite. He is currently married to his wife Safia El Malqui, they have been together since early 1998. Not much is known publicly of Al-Rashid, who prior to taking delivery of his yacht, maintained a relatively low profile among the wealthy Saudi elite.