When Nasser al Kharafi took the helm of the family business in 1993, Mohammed Abdulmohsin Al-Kharafi & Sons (MAK Group) was already a monolith in the Kuwaiti economy.
The business had grown from a trading company established over 100 years before into a multinational conglomerate with 120,000 employees and an annual turnover of more than US$5 billion (Dh18.36bn).
As the chairman of the MAK Group, Mr al Kharafi was the patriarch of one of Kuwait's powerful business families, a group that includes the al Sagers, the Alghanims and the Behbehanis.
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