Amr Zedan is a businessman, philanthropist, and international polo player from Saudi Arabia. He is the founder of Zedan Racing Stables, a racing venture situated in Lexington. Amr Zedan’s net worth is currently $400 million.
He is known to be the husband of a Jordanian royal member, and he has lately got a lot of attention in the media after his horse Medina Spirit won the Kentucky Derby, a prestigious horse race event.
Just before we get into the details of his Net worth, little heads up on some basic introduction to his personal life.
|Full Name||Amr Fareed Mohammed Zedan|
|Birth Date||17th September 1974|
|Birth Place||Los Angeles, U. S.|
|Partner||Princess Noor bint Asem|
|Kids||Talal and Abdullah|
|Net Worth||$400 million|
What is Amr Zedan net worth?
Amr Zedan has a net worth of about $4oo million. The very wealthy Saudi Arabian man owns a number of horses and participates in several horse races on a regular basis.
He is also the CEO of the Alkhobar-based Saudi Xedan Group. As a result, it is not surprising that he has a respectable and impressive net worth.
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Amr Zedan was born on the 17th of September, 1974, in Los Angeles, California. His parents were studying at the University of Southern California at the time of his birth.
He was returned to Saudi Arabia, though, when he was six years old. He then attended Dhahran Ahliyya High School in Saudi Arabia before enrolling in the University of the Pacific’s engineering program, from which he graduated in 1997.
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Amr Zedan Personal life
Who is Amr Zedan’s wife?
Princess Noor bint Asem is Amr Zedan’s wife, and she is a member of the Jordanian Royal Family. On the 22nd of June, 2018, the couple exchanged wedding vows at the King Hussein Bin Talal Convention Centre.
The couple is blessed with two children, Talal, their first child, was born on the 27th of March, 2019, and Abdullah, their second child, was born on the 20th of December, 2020.
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Career and Income
Amr Zedan had an interest in Polo sports as a child. In the late 1990s, he dabbled in Polo sports in Dubai and London, and he is now the Chairman of the Saudi Polo Federation, a professional polo squad that has won all of the significant regional competitions in recent years represents Saudi Arabia on the international polo circuit. He is also part of the Saudi Equestrian Authority’s board of directors.
Amr Zedan is the Chairman of his family’s business, the Zedan Group, based in Khobar, Saudi Arabia. The Zedan Group is a company that connects global investors with partnerships and investment possibilities in Saudi Arabia’s industrial, energy, and engineering industries.
The Zedan Group’s collaborations have contributed to the family’s vast fortune and net worth as a result of its location in Saudi Arabia’s energy-rich eastern province.
The Zedan group has been in operation for over two decades and is the principal source of revenue for Amr Zedan and other members of his family who are involved in the business.
However, Amr Zedan, like many serial entrepreneurs, has other income streams that add to his net worth.
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Zedan also established Zedan Racing Stables Inc. in 2016, a racing company located in Lexington, Kentucky. So far, the racing company has participated in the world’s most prestigious stages, including the Breeders’ Cup and the Dubai World Cup.
Zedan earns $1.86 million in prize money after his horse, Medina Spirit which was trained by Bob Baffert wins the 2021 Kentucky Derby. Since its launching in 1875, the Kentucky Derby has been the country’s longest-running sporting event.
Zedan Racing stables have earned almost $4.2 million from various races in the United States, including fourteen career wins and nine second-place finishes. He now juggles this responsibility with his role as the Chairman of the Saudi Polo Federation.
While his involvement in polo does not provide him with a substantial salary, it is something he is really passionate about, along with horse racing and training.
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Final Word: Is Amr Zedan a Millionaire?
Amr Zedan is a millionaire. As a result of his company’s engagement in the Saudi gas and energy sectors, as well as his many venture capitalist ventures and horse breeding, Saudi Arabian entrepreneur and businessman Amr Zedan has a net worth of $400 million.