Albert H. Nahmad

PanamabusinessmanMale9.0Global Dominance: 0.00%

Albert H. Nahmad is an 85-year-old Panamanian entrepreneur with a net worth of $1.3 billion, placing him at position 2,712 on Forbes' global billionaire ranking. His wealth primarily stems from his significant stake in Watsco, a leading U.S. distributor of air conditioning and heating equipment, which he helped grow since acquiring a share in 1973. Nahmad is also noted for his contributions to education and history, having established a scholarship program for Panamanian professionals and inaugurated the Albert H. Nahmad Panama Canal Gallery at the University of Florida. He maintains strong ties to Panama, serving on the Advisory Board of the Panama Canal Authority since 2001.