The empire he now helps grow was built by his father, Hamid Jafar, a member of a prominent Shiite Baghdad family that long prospered under Saddam Hussein's regime. Jafar, father, launched the family success story in the 1970s, first with Crescent Petroleum then Gulftainer. Under these close ties with the Iraqi authorities - forged by the family patriarch, then nourished by Dhia Jafar and his brother Jafar Dhia Jafar, father of Iraq's nuclear programme -, business boomed. Working with his brother Majid Jafar and sister Razan Jafar, Badr Jafar has kept the ball rolling.
But the young entrepreneur's sights were set well beyond the family business. With the support of a trusted set of business allies such as Peter Richards and Ravi Kumar, Badr Jafar has found his own place within the global landscape, aspiring to "diplomatic entrepreneurship" through the construction of a new business environment in the Gulf. The Pearl Initiative foundation, created in 2010 and of which the vice chairman of Bahrain's Shura Council Jamal Fakhro is a managing partner, answers to this call to develop the private sector by bringing together prominent figures of the business and political spheres, and state and international institutions. Jafar is also close to the political world of his home emirate, Sharjah, and enjoys the support of Emir Sultan Muhammad Al Qasimi as well as chairman of the chamber of commerce Adbullah Sultan Al Owais.
Outside his homeland, Jafar advocates for various institutions. He chairs Endeavor UAE in New York, and is a board member of Gaza Sky Geeks, a project aimed at promoting a digital economy in Palestine. His largesse has extended to numerous philanthropic activities: in 2020 he founded the Centre for Strategic Philanthropy based at Cambridge Judge Business School, where he is a member of the advisory board. Jafar's contacts are many and varied. He is known to have formed friendships with Bill Gates and the now disgraced Hollywood star Kevin Spacey, and has investing in various film and theatre productions. In 2015, he co-financed the Palestinian drama film The Idol and founded the Middle-East Theatre Academy. There have even been whispers of relationships with Hollywood celebrities, such as Naomi Campbell in 2006 and Czech model Petra Nemcova in 2008.