M.A. Kharafi & Sons (Mohammed Abdel mohsen Al-Kharafi & Sons WLL, Arabic: مجموعة الخرافي) is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at USD$3.3 billion. The company was run by Nasser Al-Kharafi until his death in 2011. On April 15, 2006 the US doughnut retailer Krispy Kreme announced that MA Kharafi & Sons bought a 6.7 percent stake or 4.13m shares. Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently[when?] listed at 29th position in the Forbes magazine's list of the richest people in the world.