Fawaz Alhokair Explained

Fawaz Alhokair
Birth Date:	^[1]
Nationality:	Saudi

Fawaz Alhokair (; born 1965/66) is a Saudi billionaire property developer.

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 8255square feet, 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]

Notes and References

1. Web site: Fawaz Alhokair. forbes.com. 30 August 2017.
2. Web site: 432 Park Avenue reveals a 95th-floor, $82M penthouse. Walker. Ameena. 2016-10-20. Curbed NY. 2020-08-11.
3. Web site: Buyer Outed For 432 Park Avenue's $95 Million Penthouse. Rosenberg. Zoe. 2015-05-29. Curbed NY. 2016-11-15.
4. Web site: Inside 432 Park Avenue, The $95 Million New York City Apartment – Pursuitist. pursuitist.com. 2016-11-15.
5. News: Boom in Luxury Towers Is Warping New York Real Estate Market . The New York Times . Charles V. . Bagli . May 18, 2013.
6. Web site: Inside New York's $95 million Penthouse: 432 Park Avenue. Forbes Life. October 16, 2014. Alicia Adamczyk. October 17, 2014.
7. Web site: 432 Park Penthouse to Ask as Much as $170 Million . June 28, 2021. wsj.com.