Loai Muhammad Naseem is known as Loai Naseem. He is a Saudi fashion designer and business executive. He is best known for establishing Tafaseel International Trading Limited company (Lomar).
Whether you’re a fan of his designs or intrigued by the business side of fashion, this article by Byboe will provide you with a comprehensive understanding of Loai Naseem net worth in 2023.
| Information | Details |
| Full Name | Loai Muhammad Naseem |
| Popular Name | Loai Naseem |
| Gender | Male |
| Birth Date | March 24, 1969 |
| Age | 54 (as of 2023) |
| Parents | Not Available |
| Siblings | Not Available |
| Birth Place | Jeddah, Saudi Arabia |
| Nationality | Saudi Arabian |
| Ethnicity | Not Known |
| Education | Studied graphic design at the Art Institute of Houston |
| Marital Status | Not Known |
| Sexual Orientation | Not Known |
| Wife/Spouse | Not Known |
| Children | Not Available |
| Dating | Not dating anyone (as of January 12, 2023) |
| Net Worth | $5 Million |
| Source of Wealth | Fashion Designing, CEO and founder of Lomar |
| Height | Not Available |
| Weight | Not Known |
Table of Contents
What is Loai Naseem Net Worth and Salary in 2023?
According to reports, Loai Naseem’s net worth is estimated to be around $5 million in 2023.
He has amassed this wealth mainly through his thriving career as a fashion designer. He is particularly renowned for designing the throb, a traditional Saudi men’s attire.
He is the CEO and founder of Lomar, a company that has won him recognition and financial success.
By 2004, while still a partner at 3points, Naseem was designing and selling thobes out of his home for more than 100 customers.
Annual sales that year reached SR75,000 ($19,900). By the time he co-founded Lomar the following year, sales had climbed to SR1.5 million ($399,000).
His salary details are not publicly available, but it is clear that his income source is primarily from his successful career as a fashion designer.
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Why is Loai Naseem Famous?
Loai Naseem is a celebrated Saudi graphic designer, best known for establishing Tafaseel International Trading Limited company.
Naseem’s innovative approach to traditional Saudi men’s apparel has not only won him a loyal fan base but also multiple accolades.
His fame further escalated when he started designing his own thobes, leading to the establishment of Lomar and a significant increase in sales.
Today, Naseem stands as a role model for entrepreneurs seeking to break out of traditional industries and pursue their passions.
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Loai Naseem’s Overview
Early Life
Loai Naseemwas born in 1969 in Jeddah, Saudi Arabia. His early life was marked by a strong inclination towards entrepreneurship and design.
After graduating from high school in his hometown, he embarked on a journey of business studies.
However, finding himself dissatisfied with the course, he decided to quit after three years. This decision led him to join hands with his father in launching various businesses, marking the beginning of his entrepreneurial journey.
In 1994, Naseem moved to the United States to pursue his passion for graphic design at the Art Institute of Houston.
Career
His career began after he graduated from the Art Institute of Houston. He then worked for several advertising firms, earning international recognition for his designs.
Upon returning to Jeddah, Naseem accepted a position as an art director at the Leo Burnett Advertising Agency before becoming one of the three co-founding partners of 3points Advertising Agency in 1998.
Lomar has been a trailblazer in the traditional Saudi men’s apparel market since it was established.
The brand has gained a devoted following and achieved numerous accolades, including being featured twice on the prestigious Saudi Fast Growth Startup 100 List.
Forbes acknowledged Naseem’s entrepreneurial achievements by ranking him as the second leader inspiring Saudi Arabia’s entrepreneurial elite in 2014. Similarly, Endeavor recognized his success and positioned him at the top of the same list in 2012.
Personal Life
Loai Naseem is an inspirational figure who has had a successful and fulfilling personal life.
Throughout his life, Loai has been an avid traveler, exploring countries such as Japan, Thailand, Indonesia, India, Egypt, and Germany.
His passion for adventure has led him to pursue a career in sailing, which he has embraced with great enthusiasm.
He also loves spending time with his family and friends, sharing stories and experiences from his travels.
FAQs about Loai Naseem
What is Loai Naseem’s design aesthetic?
Loai Naseem’s design aesthetic can be described as a blend of contemporary and timeless elegance.
He is known for seamlessly fusing various cultural and artistic influences. Naseem’s designs often push boundaries and showcase his versatility as a designer.
Has Loai Naseem collaborated with other fashion designers or brands?
He has collaborated with renowned fashion houses and brands throughout his career.
He maintains an active presence on social media platforms. He shares glimpses of his creative process, showcases his latest designs.
Conclusion
In conclusion, Loai Naseem’s net worth in 2023 reflects his remarkable success as a fashion designer and entrepreneur.
While specific details about his net worth may vary, it is clear that his hard work and business acumen have contributed significantly to his financial prosperity.
If you want to know about him or celebrities, check out our website Byboe.com for more information. Thanks for reading!
