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 8255 sqft, 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]
References
- Fawaz Alhokair forbes.com, retrieved 30 August 2017^
- Ameena Walker. 432 Park Avenue reveals a 95th-floor, $82M penthouse Curbed NY, 2016-10-20, retrieved 2020-08-11^
- Zoe Rosenberg. Buyer Outed For 432 Park Avenue's $95 Million Penthouse Curbed NY, 2015-05-29, retrieved 2016-11-15^
- Inside 432 Park Avenue, The $95 Million New York City Apartment – Pursuitist pursuitist.com, retrieved 2016-11-15^
- Charles V. Bagli. Boom in Luxury Towers Is Warping New York Real Estate Market The New York Times, May 18, 2013^
- Alicia Adamczyk. Inside New York's $95 million Penthouse: 432 Park Avenue Forbes Life, October 16, 2014, retrieved October 17, 2014^
- 432 Park Penthouse to Ask as Much as $170 Million wsj.com, June 28, 2021^