Name: Amin H. Nasser
Net worth: Approx. $23 billion Executive pay: $6 million
Company: Saudi Aramco
Bio: Amin H. Nasser is the President & CEO of Aramco, the world’s leading integrated energy and chemicals enterprise, and the largest provider of crude oil to global markets. He is also a member of the company’s Board of Directors. Nasser began his career with Saudi Aramco in 1982 as an engineer in the oil production department and proceeded to work in drilling and reservoir management.
Saudi Aramco is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. As of 2022, it is the second-largest company in the world by revenue and is headquartered in Dhahran.
During a company career spanning four decades, Nasser has served in a number of leadership positions, including as senior vice president of Upstream. In that role, he led Saudi Aramco’s largest capital investment program in its integrated oil and gas portfolio. Under Nasser’s leadership, the company is now building on its upstream leadership position by expanding its presence in the downstream and chemicals segments of the petroleum value chain, with significant investments and joint-venture partnerships in the Kingdom as well as a number of overseas markets.
Mr Nasser is a member of the International Advisory Board of the King Fahd University of Petroleum and Minerals; the board of trustees of the King Abdullah University of Science and Technology; the World Economic Forum's International Business Council; the MIT President CEO Advisory Board; and the JP Morgan International Council.
Quote: "We should abandon the fantasy of phasing out oil and gas, and instead invest in them adequately, reflecting realistic demand assumptions, as long as essential." - Amin H. Nasser
