Nayel Nassar's net worth is estimated at approximately $100 million.
Overview
Nayel Nassar's net worth stats
| Net worth: | $100 million |
|---|---|
| Source of worth: | Family business |
| Date of birth: | January 21, 1991 |
| Place of birth: | Chicago, Illinois |
Early life
Nayel Nassar is an Egyptian-American born in Chicago, Illinois, on January 21, 1991. He grew up in Kuwait before moving back to the United States, California.
He is the son of Fouad Nassar and Iman Harby, owners of Diwan Interiors International, an architectural and interior design company based in Kuwait. He has been riding horses since he was five years old.
Nayel's parents are both from Egypt, and because of that, he has decided to represent Egypt in international equestrian competitions.
Education
Nayel attended the American School of Kuwait for his high school studies. In 2009, when he moved back to the States at 18, he enrolled at Stanford University to study Economics and Management. He graduated in 2013. He speaks three languages: Arabic, English, and French.
His passion for equestrianism began at a young age. Nayel had his first horse at the age of 10.
Family life
In Kuwait, Nassar grew up with a brother and sister, Sharaf Nassar and Carys Rees. His parents founded their Kuwait-based architecture and interior design firm in 1987 and have been running it since.
Although he's a well-known equestrian, Nayel's claim to fame is his marriage to Jennifer, the daughter of Bill Gates and Melinda French Gates. The couple's relationship began in 2017. Three years later, they got engaged in January 2020. Their fairytale-esque wedding was held at the couple's farm in Westchester County, New York, on October 16, 2021.
Nassar and Gates are both alumni of Stanford. Jennifer is also a competitive equestrian. She has a fierce rivalry with Eve Jobs, daughter of Steve Jobs, who was Bill Gates' arch-rival for years.
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How did Nayel Nassar build his net worth?
Nayel Nassar is an established athlete. In 2012, he won the Young Rider Grand Prix Series at the Winter Equestrian festival. That same year, he represented Egypt at the London Summer Olympics. In 2013, 2014, and 2017, he represented his country in the FEI World Cup Finals and FEI World Equestrian games.
In 2019, he won the Longines FEI World cup Jumping Wellington after he finished the race in 38.15 seconds. Nayel has won the Longines FEI World cup Las Vegas, Las Vegas National Horse Show, and the Longines FEI Jumping World Cup Del Mar. He finished 7th in the Longines FEI Jumping World Cup Langley and 2nd in the Longines Global Champions Tour (LGCT) Valkenswaard CSI 5.
Nayel also won the New York Masters CSI 5 (5-star) Grand Prix and Rabat CSIO4 Designated Olympic Qualifier. In August 2021, he qualified for the 2020 Tokyo Olympics finals with no penalties. He rode his favorite horse Igor at the Equestrian park.
He is a team member of the Evergate stables team aboard mounts such as Oaks Redwood, Igor, Lucifer V, and Jiminy Crickets. Nassar is also a member of the Paris Panthers Team. He earns an annual income of about $5 million.
He boasts of a two-decade career that has won him several accolades and brand endorsements. Additionally, he is the owner of Nassar Stables LLC. The company was incepted in 2014 and is based in Encinitas, California.
All of this contributes to his impressive net worth of $100 million.
How has Nayel Nassar spent his wealth?
Married to the daughter of one of the richest men in the world, Nassar is quite secretive about his spending. There are no records about his property except for Nassar Stables LLC.
His wedding was planned by Marcy Blum and featured lavish flower arrangements. Their photographer was Allan Zepeda. The lavish ceremony cost a reported $16 million, which would have been a drop in the ocean for the Gates family.
Nassar has also launched Jumpr, an app for the latest comprehensive show jumping statistics and analytics, allowing riders, trainers, broadcasters, and fans to interactively search an indexed database to find information about the sport efficiently.
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FAQs
How rich is Nayel Nassar?
Nassar is a millionaire, although he is secretive about his wealth and how he spends it.
Was Nayel Nassar born rich?
It is unclear just how much wealth his parents have, but as they run one of Kuwait's leading architectural firms, it is safe to assume that Nassar has always had a relatively comfortable lifestyle.
Image: Wikimedia
