Nasser Al-Rashid
Encyclopedia
Nasser Al-Rashid is a Saudi Arabian businessman. (Rashid
Rashid
Rashid or Rachid may refer to:*Rashid , people with the name*Rosetta, anglicized name of the city and port of Rashid in Egypt*Rashid, Yemen*Rachid, Mauritania, a town at the foot of the Tagant Plateau-See also:*Rashad...

 Engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

). He is reputedly an influential advisor to the Saudi royal family and a billionaire. However he is not included in the Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

list of the world's richest people as his personal wealth, like that of many Saudi insiders, cannot be assessed with much accuracy from publicly available information.

He is an alumnus and donor of the University of Texas
University of Texas at Austin
The University of Texas at Austin is a state research university located in Austin, Texas, USA, and is the flagship institution of the The University of Texas System. Founded in 1883, its campus is located approximately from the Texas State Capitol in Austin...

, which has the Dr. Nasser Al-Rashid Strength and Training Center named in his honour. He is also a large donor to the University of Miami
University of Miami
The University of Miami is a private, non-sectarian university founded in 1925 with its main campus in Coral Gables, Florida, a medical campus in Miami city proper at Civic Center, and an oceanographic research facility on Virginia Key., the university currently enrolls 15,629 students in 12...

 (FL) and its medical school. He owns one of the largest yachts in the world, the Lady Moura
Lady Moura
Lady Moura is a private superyacht. It was the 9th largest private yacht when it was launched in 1990, but has moved down the list in 2011 to number 24. It is owned by Saudi Arabian businessman, Nasser Al-Rashid.-Characteristics:...

, which reportedly cost him over US$200 mm to build in the late 1980's.

His previous wife, Mouna Ayoub, is considered to be a French socialite. He is currently married to a Belgian-Algerian woman, Safia El Malqui, since early 1998. 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.

Trivia

  • On Saturday 19 May 2007, one of his yachts, Lady Moura
    Lady Moura
    Lady Moura is a private superyacht. It was the 9th largest private yacht when it was launched in 1990, but has moved down the list in 2011 to number 24. It is owned by Saudi Arabian businessman, Nasser Al-Rashid.-Characteristics:...

    , nearly ran aground by the Cannes
    Cannes
    Cannes is one of the best-known cities of the French Riviera, a busy tourist destination and host of the annual Cannes Film Festival. It is a Commune of France in the Alpes-Maritimes department....

     coastline during the film festival. It was moored in Monaco, Monte Carlo. On 2 February 2010 Lady Moura was moored in Palma, Majorca, however it has since returned to Monaco.

External links



the lady moura lays now in porto cervo in Italy
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