Find out ‘Lord Energy Owner Hazim Nada Wiki Biography: Who Is He?’ Hazim Nada, a philanthropist and entrepreneur, founded Lord Energy and has garnered significant attention from business enthusiasts. This article aims to provide comprehensive information about Hazim Nada.
Currently, Hazim Nada serves as the CEO and chairman of Lord Energy, a commodities-trading company with its headquarters based in Lugano, Switzerland, and offices in Houston and Singapore. Lord Energy operates on a global scale.
In addition to his role in the business sector, Hazim Nada is also a physicist who advocates for high-energy physics research. As a result of his success in the commodities sector, Nada is widely regarded as one of the most accomplished young entrepreneurs.
Lord Energy Owner Hazim Nada Wiki Biography: Who Is He?
Hazim Nada was born in New York City to parents of Egyptian and Syrian descent who migrated to the United States during the 1970s. He spent his childhood in Northern Italy and later enrolled in the University of Cambridge to study physics and economics.
After completing his undergraduate studies, Nada pursued a Ph.D. in theoretical physics at Imperial College London. However, he decided to drop out of the program after two years to venture into entrepreneurship and establish his own business.
Before founding Lord Energy as a consulting firm in 2008, Hazim worked as a quantitative analyst for Citibank and Merrill Lynch. He gradually expanded his business into the dry bulk sector, eventually becoming one of the largest operators of bagged cement in the Mediterranean region.
On the other hand, Nada launched Lord Energy in 2008 with only 50,000 CHF of capital from his personal savings, and focused on the liquid bulk sector, particularly crude oil and natural gas. This helped establish Lord Energy as a reliable and independent commodity merchant with a global reach.
Initially, Hazim provided market analysis and business development services to major trading companies and industrial groups before moving into the physical trade of commodities. Meanwhile, Nada specialized in finding unconventional routes and markets, like shipping Libyan crude oil to Korea or European cement to Africa. He also developed a network of associates and partners in key production and demand centers worldwide.
By 2017, Lord Energy had annual revenue of almost 2 billion dollars and offices in Singapore and Houston. Apart from his involvement in Lord Energy, Nada has a keen interest in developing innovative solutions for the post-fossil fuel energy system, and has invested in high-energy physics research projects.
Hazim Nada Age: How Old Is He?
As of 2023, Hazim Nada is 43 years old, having been born in December 1982. Thanks to his leadership, Lord Energy has emerged as a major player in the renewable energy industry, undertaking a range of solar, wind, hydro, and biomass projects.
In addition to his work in the renewable energy sector, Hazim Nada is known for his philanthropy, supporting various causes related to education, health, and the environment.
Hazim’s father, Youssef Nada, is a well-known figure in the Muslim Brotherhood, an Islamist movement with branches across the Middle East and North Africa that originated in Egypt.
Following the 9/11 attacks, Youssef Nada was accused of involvement in terrorist financing, but he was never convicted of any crime. He currently lives in Switzerland, in exile, and has been subject to a travel ban since 2001.
Despite his father’s political activities, Hazim has consistently stated that he has no connection to them and that his business is independent and legitimate.
Hazim Nada Wife: Is He Married?
In 2016, Hazim Nada tied the knot with Sara Al Saud, a Saudi woman whom he had met during her family’s vacation in Switzerland. The couple now resides in Switzerland with their daughter Laila. Nada is not only a licensed pilot but also an enthusiast of skydiving. He has gained widespread recognition for his success in business and has been featured in various magazines and newspapers.
Nada’s contributions to society have earned him numerous honors and awards, including the Knight Commander of the Order of the British Empire (KBE), an Honorary Doctorate from the American University in Cairo, Entrepreneur of the Year by Ernst & Young, Global Leader for Tomorrow by the World Economic Forum, and a Humanitarian Award by the United Nations.
Hazim Nada Net Worth: How Rich Is He Now?
As of 2023, Hazim Nada’s net worth is estimated to be approximately 500 million dollars. This is calculated based on the revenue and valuation of Lord Energy, a company that reportedly generated over $1 billion in sales in 2022 and is currently valued at around $4 billion.
Nada is the sole owner of all of Lord Energy’s shares, which has made him one of Switzerland’s most prosperous self-made entrepreneurs.
Hazim Nada is renowned for his philanthropic endeavors, particularly in the areas of education, health, and human rights. He has made substantial contributions to several charities and foundations, including UNICEF, Save the Children, Amnesty International, and the Hazim Nada Foundation.
The Hazim Nada Foundation is a non-profit organization that focuses on promoting education, healthcare, women’s empowerment, and youth development in developing nations such as Egypt. Thanks to his foundation’s support, numerous projects have been initiated to enhance the quality of life and opportunities for underprivileged communities.
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