Albert Nahmad

Albert Nahmad

Albert Nahmad (#3173)

Global Rank #3173
Country Rank #964
Country United States

Albert Nahmad is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 1 B
  • Air conditioning parts
  • United States
  • M
  • 85 Years

Snapshot

Quick Facts

Global Rank #3,173
Country Rank #964
Net Worth $1.1B
Previous Worth $1.1B
Worth Change +$0.0B
Country United States
Industry Air conditioning parts
Age 85 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 17 Jul 2026, 12:00 AM
Residence Coral Gables, Florida
World Billionaires List United States Billionaires Air conditioning parts

Profile Data

Personal Stats

Age 85
Source Of Wealth Air conditioning parts, Self Made
Self Made Score 8
Residence Coral Gables, Florida
Citizenship United States
Marital Status Married
Children 2
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.1B
Current Net Worth $1.1B

Worth as of May 4, 2026

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.

Wealth Growth

Net Worth Growth Over Time

Tracking Albert Nahmad's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.1B (May 4, 2026)

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