Amin Nasser is a prominent businessman and the current President and CEO of Saudi Aramco, the world’s largest oil company. He was born in Al-Hasa, Saudi Arabia, in 1958 and grew up in a family of modest means. Despite the financial challenges, Nasser excelled in his studies and went on to earn a Bachelor’s degree in petroleum engineering from King Fahd University of Petroleum and Minerals in 1982.
After graduation, Nasser began his professional career at Saudi Aramco as a petroleum engineer. He worked his way up through the ranks and held various positions within the company, including General Manager of the Northern Area Oil Operations and Vice President of Exploration. In 2015, he was appointed as the President and CEO of Saudi Aramco, succeeding Khalid Al-Falih.
Under Nasser’s leadership, Saudi Aramco has continued to be one of the most profitable and successful companies in the world. In 2019, the company went public, raising over $25 billion in its initial public offering and becoming the largest IPO in history. Nasser has been credited with driving the company’s success and expansion, particularly in the areas of refining and petrochemicals.
Nasser’s wealth is difficult to estimate, as Saudi Aramco is a state-owned company and does not disclose executive compensation. However, it is widely believed that Nasser is one of the wealthiest people in Saudi Arabia, with a net worth estimated to be in the billions of dollars.
Beyond his work at Saudi Aramco, Nasser is also active in the business community and serves on the board of directors for several prominent organizations, including the Saudi Arabian General Investment Authority and the US-Saudi Arabian Business Council. He has been recognized for his contributions to the industry and the country, receiving the Energy Executive of the Year award from the Oil & Money Conference in 2018.
In summary, Amin Nasser’s rise to success and wealth is a testament to his hard work, dedication, and leadership in the oil industry. As the head of Saudi Aramco, he has led the company to new heights and continues to drive its success and expansion in the global market.
Timeline:
1958 – Amin Nasser is born in Al-Hasa, Saudi Arabia.
1982 – Nasser graduates from King Fahd University of Petroleum and Minerals with a Bachelor’s degree in petroleum engineering.
1982 – Nasser begins his career at Saudi Aramco as a petroleum engineer.
1990s – Nasser holds various positions within Saudi Aramco, including General Manager of the Northern Area Oil Operations and Vice President of Exploration.
2015 – Nasser is appointed as the President and CEO of Saudi Aramco, succeeding Khalid Al-Falih.
2019 – Saudi Aramco goes public, raising over $25 billion in its initial public offering and becoming the largest IPO in history.
2021 – Nasser continues to lead Saudi Aramco and drive its success and expansion in the global market. He also serves on the board of directors for several prominent organizations, including the Saudi Arabian General Investment Authority and the US-Saudi Arabian Business Council.
5 Interesting Facts about Amin Nasser:
- Nasser started his career at Saudi Aramco as a petroleum engineer and worked his way up through the ranks to become the company’s CEO.
- He is known for his focus on expanding Saudi Aramco’s refining and petrochemicals business.
- Nasser has been recognized for his contributions to the industry and was named the Energy Executive of the Year at the Oil & Money Conference in 2018.
- He serves on the board of directors for several organizations, including the King Abdullah University of Science and Technology and the Gulf Petrochemicals and Chemicals Association.
- Nasser is a strong advocate for sustainability and has spearheaded several initiatives at Saudi Aramco to reduce the company’s environmental impact.
5 Quotes from Amin Nasser:
- “We are committed to delivering energy to the world while minimizing our environmental impact and contributing to the well-being of the communities where we operate.”
- “Our focus on innovation and technology is critical to achieving our goals of energy sustainability and global leadership.”
- “Our commitment to sustainability is not just good business, it’s the right thing to do for the planet and future generations.”
- “Saudi Aramco is an integral part of the global energy industry and we are proud to play a leading role in shaping its future.”
- “We are constantly pushing ourselves to find new and better ways to meet the world’s energy needs, while also protecting the environment and supporting local communities.”
