Wissam Al Mana Net Worth (Money & Salary)
Wissam Al Mana Net Worth (Money & Salary)
December 6, 2024
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What is Wissam Al Mana’s net worth?
Wissam Al Mana, a retail entrepreneur of Qatari descent, boasts a net worth of $1 billion. He amassed his wealth as the executive director of the Al Mana Retail Group, an extensive conglomerate comprising over 50 companies across various sectors. Notably, the group owns all McDonald’s outlets in Qatar. Founded by Sam’s deceased father, Saleh Al Hamad Al Mana, the Al Mana Group is managed by Sam along with his two brothers, focusing particularly on the retail operations of luxury brands in the Middle East, including Hermes, Stella McCartney, Armani, and Harvey Nichols. The group also engages in automotive distribution, real estate, retail, food and beverage, engineering, technology, media, and entertainment. With this portfolio, he ranks among the wealthiest retail investors in the Middle East. In Qatar, Al Mana exclusively handles Infiniti, Nissan, Renault, and National Car Rental. Additionally, in 2016, he established a partnership with the NBA to launch the first physical stores for NBA merchandise in the Middle East.
Early Life
Born as Wissam Saleh Al Mana, or Sam, on January 1, 1975, in Doha, Qatar, he relocated to London with his family at the age of two, where he was raised. Sam attributes his early passion for fashion and style to his London upbringing. At just 14, he applied to every fashion boutique on King’s Road in London, landing a weekend position at one of them. After completing his secondary education in London, he moved to the United States and studied at George Washington University for his undergraduate degree. Following his graduation, he returned to London to pursue an MBA at the London School of Economics.
The Al Mana Group
Upon graduating, he joined the family business, the Al Mana Group, which was established by his father, and is now managed by Wissam alongside his brothers Hisham and Kamal. As the executive director, he oversees operations that include retail entities such as Harvey Nichols, Saks Fifth Avenue, Hermes, Giorgio Armani, Balenciaga, Roberto Cavalli, and Dolce & Gabbana, among many others. In Qatar, Al Mana is the exclusive operator of Infiniti, Nissan, Renault, and National Car Rental. He also made headlines in 2016 when he partnered with the NBA to introduce the first physical stores for NBA merchandise in the Middle East, with an upcoming flagship A/X Exchange set to open in Qatar’s Villagio Shopping Mall. Beyond retail, the Al Mana Group manages diverse food and beverage assets across the region, featuring brands like McDonald’s, Haagen-Dazs, and San Pellegrino.
Personal Life
Wissam Al Mana gained global attention when he began a relationship with pop icon Janet Jackson. Speculations about their wedding plans for an extravagant $20 million ceremony circulated for months. However, in February 2013, Janet surprised everyone by announcing that she and Wissam had secretly married in 2012 in a private ceremony. The couple met in 2010 at a hotel opening in Dubai and dated for two years before their secret wedding.
At nine years Janet’s junior, Wissam and Janet made headlines in April 2016 when they revealed they planned to start a family, leading to Janet postponing her tour. A few months later, she confirmed her pregnancy. On January 3, 2017, they announced the birth of their son, Eissa, with Janet being 50 at the time. Sam insisted that Janet adhere to strict Muslim laws, which included not appearing in public or leaving the house while breastfeeding. The cultural contrasts between the couple became more pronounced following their son’s arrival, as they hailed from vastly different backgrounds.
In April 2017, Janet declared her intention to divorce Sam, citing that she felt he had become overly controlling during her pregnancy, dictating her clothing choices and performance style even prior to her pregnancy.
Wissam’s personality starkly contrasts that of the Jackson family. He maintains a very private life and seldom gives interviews, while holding strong ties to his faith. When the Al Mana Group launched a food division, he implemented a policy prohibiting dealings with brands associated with pork or alcohol, in accordance with his religious beliefs.
Real Estate
During his marriage to Janet Jackson, the couple resided in an upscale London apartment located near the Chelsea district.
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The data pertains to the years 2023 and 2024, with projections extending to 2025 and 2026. Additionally, we have broadened the forecasts to include 2027 and 2028.
Post Title: Wissam Al Mana Net Worth (Money & Salary)
Last Updated: December 6, 2024
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