The Saudi entrepreneur is part-owner and CEO of TAG Group, a Luxembourg-based holding company that owns 14 percent of McLaren Technology Group, owner of the McLaren Formula One team.
A die-hard fan of Formula One, Ojjeh became Frank Williams’ McLaren team’s principal sponsor in 1979 and later invested $5m in the racing team, setting up a joint venture to manufacture turbo engines in 1982. Ojjeh owns ten percent of Asprey & Garrard.