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Sheikh Jassim Net Worth: How Rich is Qatari Sheikh Actually?



Sheikh Jassim Net Worth

Sheikh Jassim Bin Hamad Al Thani is a Qatari banker who serves as the chairman of Qatari Islamic bank, QIB. He confirmed in a statement on Friday, February 17, that he has launched a bid to buy Manchester United. As of 2023, Sheikh Jassim net worth is estimated to be around $1 billion.

Who is Sheikh Jassim Bin Hamad Al Thani?

Full Name Sheikh Jassim Bin Hamad Al Thani
Date of Birth 1982
Age 41 years old
Born Place Qatar
Profession Banker
Net Worth $1 billion
Relationship Status Married

Sheikh Jassim is a banker from Qatar. He currently serves as a chairman of a Qatari bank, QIB. On February 17, 2023, Sheikh made an official bid of a minimum of £4 billion to buy Manchester United. He is said to have bid below the club’s valuation of £6 billion set by owners, the Glazer family.

Sheikh Jassim was born in 1982 in Qatar. He was born to Hamad Bin Jassim Bin Jabar Al Thani who served as Qatar’s Prime Minister between 2007 and 2013. Regarding his education, he studied at the Royal Military Academy, Sandhurst in the United Kingdom. Jassim graduated as an officer cadet from the Academy.

Sheikh Jassim Net Worth & Career

Sheikh Jassim is the chairman of one of the leading banks in Qatar, QIB (Qatar Islamic Bank). He has been serving as chairman of QIB since 2005. Besides that, he is also a board member and chairman of Qatar Navigation.

Jassim became the chairman of Qatar Navigation in February 2019. Additionally, he has been serving as the chairman of Qinvest. In January 2007, he became the Chief Executive officer of Al Mirqab Capital, LLC. He is still serving as CEO of the Capital firm.

Sheikh is also on the chairman-supervisory board of Al Zaman Islamic Insurance Co. He is recently in limelight for submitting a bid for a full takeover of the English football club, Manchester United. Jassim is going head-to-head with Ineos billionaire, Jim Ratcliffe for ownership of the club.

Sheikh said that he is a United fan and confirmed his submission of a bid for a full takeover of Manchester United Football Club. By submitting the bid, he plans to return the English club to its former glories both on and off the pitch. Along with that, he also seeks to place the United fans at the heart of Machester United Football Club.

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In addition to that, Sheik’s bid will be completely debt free through his Nine Two Foundation. In fact, the foundation is making plans to invest in the football teams, the stadium, the training center, wider infrastructure, and community club support.

Overall, the vision of the bid is for the United Club to be renowned as the greatest football in the world. The football club has been owned by the Glazers family since 2005. They have been looking after the club for over the past 18 years since they completed a leveraged buyout.

The Glazers family revealed in November that they are searching for strategic alternatives for either outside investment or a sale. The United Club owners set a deadline for potential buyers to submit their bids on Friday, February 17. As per the reports, the Glazer family is willing to sell the English giant club for £6 billion despite its current value of £2.9 billion.

Sheikh Jassim’s Wife & Personal Life

Sheikh Jassim is reportedly a married man. However, he has not shared detail information about his marriage life yet. He reportedly has two kids from his married life, a son, Sheikh Fahad, and a daughter, Sheikha Ghand. He welcomed his daughter, Sheikha on Monday, January 18, 2021.

Sheikh Jassim Net Worth

Sheikh Jassim Bin Hamad Al Thani has earned an estimated net worth of $1 billion as of 2023. He is part of Qatar’s ruling royal family, which owns a collective net worth of around $335 billion. In January 2022, Sheikh announced that Qatar Islamic Bank has made a net profit of QAR 3,555 million for the fiscal year 2021, an increment of 16% over last year.

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