Nasser Ibrahim Al-Rashid (born 1939) ( ar, ناصر إبراهيم الرشيد الليلا) is a Saudi businessman and US dollar billionaire. He is not included in the ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' list of the world's richest people as his personal wealth cannot be assessed with much accuracy from publicly available information. Al-Rashid completed his B.S. at the

University of Texas The University of Texas at Austin (UT Austin, UT, or Texas) is a public research university in Austin, Texas. It was founded in 1883 and is the oldest institution in the University of Texas System. With 40,916 undergraduate students, 11,075 ...

in 1965, and his PhD at the university in 1970. He has since remained a prominent donor to the University of Texas, and has been honoured by the university at its Distinguished Alumnus Awards ceremony. The Dr Nasser Ibrahim Al-Rashid Strength and Training Center at the university is named in his honour. He is also a large donor to the

University of Miami The University of Miami (UM, UMiami, Miami, U of M, and The U) is a private research university in Coral Gables, Florida. , the university enrolled 19,096 students in 12 colleges and schools across nearly 350 academic majors and programs, incl ...

(FL) and its medical school. He owns one of the largest yachts in the world, the '' Lady Moura'', which reportedly cost over

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

200M to build in the late 1980s. In March 1987 Al-Rashid was one of the guests at a state banquet hosted by

Queen Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until Death and state funeral of Elizabeth II, her death in 2022. She was queen ...

for

King Fahd Fahd bin Abdulaziz Al Saud ( ar, فهد بن عبد العزيز آل سعود ''Fahd ibn ʿAbd al ʿAzīz Āl Suʿūd'', ; 1920, 1921 or 1923 – 1 August 2005) was a Saudi Arabian politician who was King and Prime Minister of Saudi Arabia fro ...

at Buckingham Palace. His previous wife,

Mouna Ayoub Mouna Ayoub ( ar, منى أيوب) (born 27 February 1957 in Kuwait) is a French socialite and businesswoman of Lebanese origin. Frequently in the media, she is often a guest of the Cannes film festival and makes headlines in French gossip magazi ...

, a Lebanese woman, is considered to be a French socialite. Ayoub subsequently wrote a memoir of their marriage, ''La vérité (The Truth)'', in which Nasser Ibrahim Al-Rashid is referred to as "Amir al-Tharik". In the memoir Ayoub likened her marriage to a "...a gilded cage where I felt myself to be unjustly treated and powerless...I was given the most sumptuous dresses and amassed a huge collection of jewels, yet I could only wear my black Arab robe and a veil. I was forbidden to speak to men, forbidden to see female friends not approved by my husband, forbidden to play sport, forbidden to laugh, or speak loudly in public." Al-Rashid and his eldest son with Ayoub subsequently sued the publishers of the memoir in the French courts to try and stop publication of the memoir, alleging a breach of their privacy. He is currently divorced. Not much is known publicly of al-Rashid, who prior to taking delivery of his yacht, maintained a relatively low profile among the wealthy Saudi elite. Nasser Ibrahim Al-Rashid was one of three Saudi Arabian businessmen to donate over $US1 million to the

Clinton Presidential Center The William J. Clinton Presidential Library and Museum is the Presidential library system, presidential library of Bill Clinton, the List of presidents of the United States, 42nd president of the United States (1993–2001). It is located in L ...

Trivia

*On Saturday 19 May 2007, one of his yachts, '' Lady Moura'', nearly ran aground by the

Cannes Cannes ( , , ; oc, Canas) is a city located on the French Riviera. It is a communes of France, commune located in the Alpes-Maritimes departments of France, department, and host city of the annual Cannes Film Festival, Midem, and Cannes Lions I ...

coastline during the film festival, where it suffered hull damage and took on water. It was moored in Monaco. On 2 February 2010 ''Lady Moura'' was moored in

Palma, Majorca Palma (; ; also known as ''Palma de Mallorca'', officially between 1983–88, 2006–08, and 2012–16) is the capital and largest city of the autonomous community of the Balearic Islands in Spain. It is situated on the south coast of Mallorc ...

, however it has since been repaired and is now been a prominent feature of the Alicante seaport.

References

External links

Profile in the University of Texas website
20th-century Saudi Arabian businesspeople 21st-century Saudi Arabian businesspeople 1939 births Living people Saudi Arabian billionaires University of Texas alumni {{Saudi-bio-stub