Nasser Ibrahim Al-Rashid
Nasser Ibrahim Al-Rashid | |
|---|---|
| Born | 1939 Saudi Arabia |
| Occupation(s) | Entrepreneur, billionaire |
| Known for | Major supporter of University of Texas at Austin; owner of luxury yacht Lady Moura |
Nasser Ibrahim Al-Rashid (born 1939) () is a prominent Saudi entrepreneur and billionaire. Due to the private nature of his financial holdings, he does not appear on the Forbes ranking of the wealthiest individuals globally.
Al-Rashid completed his Bachelor of Science degree in 1965 and earned his doctorate in 1970 from the University of Texas at Austin. He continues to be a major supporter of the university, receiving recognition through its Distinguished Alumnus Awards. The Dr Nasser Ibrahim Al-Rashid Strength and Training Center at the institution bears his name. Additionally, he is a key patron of the University of Miami and its associated medical school. In 1987, he was among the attendees at a formal state banquet hosted by Queen Elizabeth II in honor of King Fahd at Buckingham Palace.
His ex-wife, Lebanese-born French socialite Mouna Ayoub, authored a memoir titled La vérité (The Truth), in which she refers to Al-Rashid as "Amir al-Tharik." The book depicts their marriage as confining despite the presence of extravagant gifts. Al-Rashid and their eldest son initiated legal action in France to prevent its publication, arguing it infringed upon their privacy rights.
Now divorced, Al-Rashid has kept a discreet public presence within Saudi high society, only drawing increased attention following his acquisition of a luxury yacht.
He was among three Saudi businessmen who contributed more than $1 million to support the Clinton Presidential Center.
Trivia
- On 19 May 2007, his yacht Lady Moura encountered an incident near the coast of Cannes during the film festival, nearly running aground and suffering hull damage with water ingress. At that time, it was docked in Monaco. By 2 February 2010, Lady Moura had been relocated to Palma, Majorca; after repairs, it has become a well-known vessel at the Alicante harbor.
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