Albert Nahmad (#2752)
- $ 1 B
- Air conditioning parts
- United States
- M
- 85 Years
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About Me
Albert Nahmad is CEO and approximately 7% shareholder of Watsco, a large distributor of air conditioning, heating and refrigeration parts. Born in Panama, Nahmad emigrated to the United States to study engineering at the University of New Mexico and Purdue. In 1973, Nahmad bought a stake in Watsco, then a small, publicly traded company. Using a highly acquisitive strategy, Nahmad helped Watsco grow from a market cap of $22 million in 1989 to more than $20 billion now. Nahmad's children are active in his businesses. His son is president of Watsco; his daughter is president of the Nahmad Family Foundation.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Albert Nahmad’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Albert Nahmad’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $1.4B
(May 4, 2026)
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