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Fawaz Alhokair

Saudi billionaire property developer From Wikipedia, the free encyclopedia

Fawaz Alhokair
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Fawaz Alhokair (Arabic: فواز الحكير, romanized: Fawāz al-Ḥukayr; born 1965/66) is a Saudi billionaire property developer.

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432 Park Avenue, 2015

In 1989, he founded Fawaz Abdulaziz Alhokair Group with his two brothers, and started with just two menswear stores.[1] The company now has 19 shopping malls in Saudi Arabia, and the local franchise rights to brands including Zara, Banana Republic, Gap, Nine West and Topshop.[1]

Alhokair lives in Riyadh, Saudi Arabia.[1]

In 2015, Alhokair bought the largest apartment at 432 Park Avenue, New York, a 8,255-square-foot (766.9 m2), six-bedroom, seven-bath penthouse with a library, for $87.7 million.[2][3][4][5][6] Later, in June 2021, it was reported that the apartment would be listed for $170 million.[7]

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