Single Family Office

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BinDawood Group

BinDawood Group traces its roots to 1984 when Abdulrazzaq BinDawood established the office alongside the family's supermarket operations. The wealth stems from...

BinDawood Group logo

BinDawood Group

BinDawood Group traces its roots to 1984 when Abdulrazzaq BinDawood established the office alongside the family's supermarket operations. The wealth stems from BinDawood Holding, which operates the BinDawood and Danube store networks in Saudi Arabia and Bahrain. Family members continue to hold key board and executive roles at both the holding company and the family office. The office deploys capital across real estate, hospitality, retail, consumer services and distribution. It executes direct co-investments and private equity transactions in buyout and growth stages. Confirmed positions include multiple hotel projects developed with Accor and Marriott International. Geographic reach covers the Middle East as primary base with additional exposure in Asia, Europe and North America. Partnerships with Investcorp previously supported the 2020 IPO of BinDawood Holding. The office oversees 1.6 billion dollars in disclosed assets and maintains a team of family principals. Additional offices are not disclosed. Hospitality assets include Swissôtel Jeddah, Mövenpick Madinah, JW Marriott Jeddah and several Courtyard and Four Points properties in Makkah and Madinah. The BinDawood Holding CSR Program handles separate philanthropic activities. No operational events from the last 24 months appear in available records. The structure separates the listed holding company from the family office while retaining family control over both. This arrangement allows direct ownership of operating businesses alongside external co-investments in real estate and hospitality. The model supports long-term holdings rather than frequent fund commitments.

General information

Firm type

Single Family Office

Year founded

1984

AUM

1600 (Altss estimate)

Location

Region

Asia

Country

Saudi Arabia

City

Jeddah

Corporate office

Jeddah, Saudi Arabia

Principals

Abdulrazzaq BinDawood

Chairman

Ahmad Abdulrazzaq BinDawood

CEO of BinDawood Holding

AbdulKhaliq Dawood BinDawood

Vice Chairman

Khalid Dawood BinDawood

Managing Director

Tariq Abdullah BinDawood

Board Member

Sector focus

PropTechSupply Chain & LogisticsHealthcare ServicesFinTechLuxuryReal Estate

Frequently asked questions

Who runs investment decisions at BinDawood Group?

Abdulrazzaq BinDawood serves as Chairman. Ahmad Abdulrazzaq BinDawood acts as CEO of BinDawood Holding and participates in family office decisions. Other family members including AbdulKhaliq Dawood BinDawood and Khalid Dawood BinDawood hold board and managing director roles.

Does BinDawood Group participate in fund commitments or only direct deals?

The office executes direct co-investments and SPVs. It also holds private equity positions. No fund commitments are disclosed in current records.

Where does the underlying wealth come from?

Capital originates from the BinDawood and Danube supermarket networks. These assets sit under publicly listed BinDawood Holding. The family office manages proceeds from those operations.

What investment stages does BinDawood Group typically target?

The office targets buyout and growth stages. It focuses on direct ownership in real estate and operating businesses rather than early-stage venture.

How is BinDawood Group related to BinDawood Holding?

The family office manages capital generated by the listed holding company. Family principals occupy overlapping board seats at both entities. The holding company remains the primary operating vehicle for retail assets.

Does BinDawood Group maintain philanthropic structures, and how are they separated?

The BinDawood Holding CSR Program handles philanthropic activities. It operates separately from the investment office. No additional foundations are disclosed.

What is BinDawood Group's known posture on co-investments alongside external GPs?

The office has partnered with Investcorp on prior transactions. It maintains development agreements with Accor and Marriott International for hotel assets. These relationships reflect selective co-investment activity.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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