4 in the list of top 10 richest people of Lebanon. Minimum net worth: $2.9 billion, By Angela Haines Ayah Bdeir plays with her kit (photo courtesy of Zack DeZon) After an accomplished educational background in computer engineering in her native Lebanon, Ayah Bdeir felt she was on the wrong track. Mikati co-founded the telecommunications company Investcom with his brother Taha in 1982. He is also a businessman and established the telecommunication firm “Investcom” in 1982 with his brother Taha Mikati. When it comes to creating wealth, America still reigns supreme. The drop in the Prince’s net worth since last year is due to lower estimates by Forbes of the value of some of his private real ... Taha Mikati GLOBAL RANK: 377 $3 BILLION LEBANON, Telecom. In 2010, Forbes estimated Mr Mikati's net worth at $2.5bn, making him one of Lebanon's richest men. Foto: Forbes #8. © 2021 Forbes Media LLC. In this region, more than any other part of the world, wealth stays in the family: One third of the billionaires in the Middle East are related to each other. [1], He is married, with three children, and lives in Beirut, Lebanon. This years Cannes Film Festival will showcase more than amazing films. Ayah Bdeir founded littleBits to make science fun. [1] His son, Azmi Mikati, is the CEO of M1 Group. Najib Mikati is the cofounder, with his billionaire brother Taha, of Beirut-based investment firm M1 Group. All Rights Reserved. He sold the company in June 2006 to South Africa's MTN Group for $5.5 billion. The Lebanon 100 also includes 10 companies on the Beirut Stock Exchange, ranked according to their assets, market value, profits and revenues, and 35 professionals heading businesses across various sectors in the country. He has multiple business interests in West Africa and across the globe, in partnership with his brother Taha. Najib Mikati estimated net worth is US $ 3.3 billion and he is ranked at No. The wealthiest individuals in the world will parade their massive superyachts and anchor them along the spectacular French Riviera coast. Najib Mikati estimated net worth is US $ 3.3 billion and he is ranked at No. It began in the construction sector. Hüsnü Özyeğin. 5. He is also a businessman and established the telecommunication firm “Investcom” in 1982 with his brother Taha Mikati. In April 2015, Forbes estimated his net worth at $3.3 billion, making him the richest man in Lebanon. Origin. 4 in the list of top 10 richest people of Lebanon. Its investments include stakes in South African telecom firm MTN, fashion retailer Pepe Jeans, and prime real estate in New York, London and Monaco. Two Lebanese businessmen - the Mikati brothers (Taha and Najib) - have actually witnessed a $1M spike in their net worth at the time of writing. Mikati, 63, is a prominent Sunni politician and former prime minister. According to Forbes, he is the wealthiest person in Lebanon and 384th among the world's billionaires along with his brother, Prime Minister Najib Mikati. Nearly 70% of these billionaires saw their net worths drop in the past year. He became Prime Minister of Lebanon in 2011, but resigned in 2013. Taha Mikati (Arabic: طه ميقاتي, born in 1944) is a Lebanese billionaire businessman, the brother of fellow billionaire and former prime minister Najib Mikati.He is the co-founder of Investcom, the M1 Group, and the Mikati Foundation. He is followed … Aside from Lebanon, the list has no shortage of Arabs. The business was created in the early 1980s by Taha Mikati and Najib Mikati, the latter of whom became Prime Minister of Lebanon in 2005, and again in 2011. In 2005, Investcom went public on the London Stock Exchange, and in 2009, South Africa's MTN bought the Mikatis' stake for $3.6 billion. As mentioned in our Top 10 Richest Lebanese Politicians list, Najib Mikati is no stranger to mogul status.He served twice as Prime Minister of Lebanon, and he is by far the wealthiest self-made billionaire in the Middle East. Meet The Richest People In The Middle East, Meet The 10 Billionaire Tycoons Who Rule Their Countries' Economies, Meet The Richest Billionaire In Every Country, The World's Richest Billionaires: Full List Of The Top 500, Making Science Fun With High-Tech Popsicle Sticks And Pipe Cleaners. Cyprus could lose its reputation as a European entry point for billionaires after President Nicos Anastasiades announced the “abolition of this investment program” beginning in November. Since the sale of Investcom, Najib Mikati has formed an M1 group to coordinate interests in telecom, real estate, and retail. He sold the company in June 2006 to South Africa’s MTN Group for $5.5 billion. Here’s the complete list of top 100 richest Arabs on earth, with their respective wealth, according to Forbes’ research: 1 Prince Al Waleed Bin Talal Al Saud, Saudi Arabia $22.6b The world's greatest superyachts all convene during the Cannes Film Festival and the Monaco Grand Prix in May. They’re worth a combined $152 billion, $27 billion less than a year ago. Celebrities like Brad Pitt, Leonardo DiCaprio, and Elton John will all be part of this annual display of the wealthiest individuals. Philanthropy. © 2021 Forbes Media LLC. All Rights Reserved, Reflects change since 5 PM ET of prior trading day. The Lebanese Mikati family own one of the most prestigious mega-yachts in the world, according to Forbes Magazine. Photo: David Yellen This article appeared in the September 2015 issue of Forbes Middle East. The Mikati brothers became the richest people in Lebanon. Hüsnü Özyeğin is the second richest man in Turkey, with a personal fortune estimated at $3 billion by Forbes in 2014. [5] In July 2018 he purchased Cypriot citizenship.[6]. Lebanon's next leader, Najib Mikati, has respect and money--lots of it. Besides Mohamed Mansour, Saad bin Batti al-Qubaisi and Najeeb Mikati were ranked tenth with $2.7 billion. Taha Mikati (Arabic: طه ميقاتي, born in 1944[2]) is a Lebanese billionaire businessman, the brother of fellow billionaire and former prime minister Najib Mikati. Forbes Middle East is uncovering the Arab billionaires that have been revealed in the 2018 Forbes US Global Billionaires ranking. Mikati and his brother Najib founded Investcom in 1982, selling satellite phones at the height of Lebanon's civil war. The list included 6 billion Egyptians, 4 of them are in the top ten, and also included 6 Lebanese billionaires, with Taha Mikati, who came in seventh in the Arab world. "من هو طه ميقاتي؟ | ملف الشخصية | من هم؟", https://en.wikipedia.org/w/index.php?title=Taha_Mikati&oldid=1008421879, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 February 2021, at 06:40. Forbes’ 27th annual report of the world’s richest people of 2013 listed 1,426 billionaires, whose total assets totalled an estimated value of $5.4tn, ... Taha Mikati. He ties for rank 374 on the Forbes list of billionaires with his brother and business partner Taha. Taha Mikati is the billionaire businessman of Lebanon and the brother of the former prime minister of Lebanon Najib Mikati who is also businessman. M1 Group. Taha and Najib Mikati are active philanthropists, through their Mikati Foundation. Now with 1,645 ten-digit fortunes spread across 69 world entities, we bring you the definitive list of the richest billionaire in each country. Egypt's [...]. She might now be on to something bigger. These are the 10 states with the largest number of the world's richest. The world's richest are responsible for some of their nation's most well-known products: South [...], The world's billionaires club is getting less exclusive, with 1,426 members this year. This business-related Lebanese biographical article is a stub. The fortunes of the Lebanese Taha Mikati, Najeeb Mikati, and Omani billionaire Suhail Bahwan each increased by about $200 million each, to $2.4 billion, $2.3 billion, and $2.3 billion, respectively. “My parents and teachers always encouraged me to take more and more science because I was good [...]. Taha Mikati. Political career Taha Mikati is the cofounder, with his billionaire brother Najib, of Beirut-based holding company M1 Group. In fact, there are 22 Arabs whose net worth is being monitored in real-time by Forbes. You can help Wikipedia by expanding it. It is the ultimate showdown of wealth and power as these individuals make a major power play by positioning their yachts in the best locations. #2. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. Forbes did not include the wealthy Saudis for the third year in a row, which gave the Egyptians and … Najib Mikati: Najib Mikati was the co-founder of the telecommunications company, Investcom along with his brother Taha, a business that they started in 1982. Once a year, the wealthiest people in the world descend on the French Riviera with some of the most amazing superyachts on the planet. He sold the company in 2006 to South Africa’s MTN Group for USD 5.5 billion. As an engineering student at the American University in Beirut in 2001, Ayah Bdeir found herself so bored with the monotony of the coursework that she begged her parents [...], Home to 78 billionaires with an aggregate net worth of $209 billion, the Middle East claims just six female ten-digit fortunes. So why is he involving himself in the messy and dangerous world of politics? Here is a detailed report of ever billionaire superyacht at the Cannes Film Festival. Lebanese Taha Mikati came in the ninth place with a wealth of 2.8 billion dollars, and an increase of $200 million from 2017. Taha Mikati is the cofounder, with his billionaire brother Najib, of Beirut-based holding company M1 Group. 4 in the list of top 10 richest people of Lebanon. The Middle East is home to 72 of the world’s richest people, worth a combined $174.8 billion. Taha Mikati is the billionaire businessman of Lebanon and the brother of the former prime minister of Lebanon Najib Mikati who is also businessman. Chopi Chopi is a 262-foot yacht currently docked in southeastern France. He is the co-founder of Investcom, the M1 Group, and the Mikati Foundation. The 31 mega-wealthy Arab business tycoons have a combined estimated net worth of $76.7 billion. Naguib Sawiris came in the sixth place with a net worth of $3 billion, followed by Yasseen Mansour with $2.2 billion, the Lebanese Taha Mikati and Najib Makati with $2.2 billion and $2.1 billion, respectively, and the Omani Suhail Bahwan with $2.1 billion. In April 2015, Forbes estimated his net worth at USD 3.3 billion, making him the richest man in Lebanon. Mikati co-founded the telecommunications company Investcom with his brother Taha in 1982. [3], He earned a bachelor's degree from the American University of Beirut, Lebanon. [1], In 1979, he founded Arabian Construction Company (ACC), headquartered in Abu Dhabi, and one of the largest construction companies in the Middle East. Lebanese tycoons regularly feature on the Forbes list of the world’s richest ... Najib Mikati, and his brother Taha. Born in 1955, Najib holds a BA and an MBA from the American University of Beirut. The U.S. boasts 540 billionaires, more than any other country on the planet and more than all of Europe combined. Mikati bought a bunch of satellite phones and sold them to friends and associates in Beirut in the early 80s for $50,000 apiece. Former billionaires Oleg Bakhmatyuk and Alexei and Dmitry Ananyev were other applicants, according to the leaked documents. The CEO of M1 Group is Najib’s nephew and Taha’s son Azmi. Related by financial asset: MTN Group Ltd. Billionaires Worth Over $35 Billion Could Be Locked Out Of Europe As Cyprus Finally Suspends ‘Golden Passport’ Schemes, The 10 Richest Russian Billionaires In 2020, The Richest Healthcare Billionaires Around The World 2020, Bachelor of Arts/Science, American University of Beirut, Lebanon.