Bakr bin Laden

Bakr bin Mohammed bin 'Awad bin Laden (; born 1946) is the former chairman of the Jeddah-based Saudi Binladin Group and the former largest shareholder in the Group, with a 23.58% holding. He is the son of the family's patriarch, Mohammed bin Awad bin Laden, and a half-brother of Osama bin Laden. Education Bakr bin Laden attended college at the University of Miami School of Business at the University of Miami in Coral Gables, Florida in the United States. Career Despite the Arabian Peninsula's comparatively small construction sector compared to other regions of the world, Saudi Binladin Group grew substantially under bin Laden's management. Under his leadership, the firm joined with Qatari Diar, a Doha-based real estate company, to launch a joint venture holding company, which is expected to have a significant capital base. The new venture will have two umbrella firms, one of which will carry out large contracting and construction works in Qatar and the rest of the world. It is also currently working to secure a $994.6m contract to design and build 30 parcels in the King Abdullah Financial District in Riyadh. In April 2018, while under detention by the Saudi government, Bakr transferred his investment stake in Saudi Binladin Group to the government of Saudi Arabia.