How rich is Saad Hariri?
Saad Hariri Net Worth:
|Birth date:||April 18, 1970|
|Birth place:||Riyadh, Saudi Arabia|
|Spouse:||Lara Bashir (m. 1998)|
|Children:||Lulwa Hariri, Hussam Hariri, Abdulaziz Hariri|
|Parents:||Nidal Bustani, Rafic Hariri|
Saad Hariri biography:
Saad Hariri: No Longer a Mystery
Saad Hariri is the former Prime Minister of Lebanon and he’s got an estimated net worth of $1.9 billion. According to Forbes Magazine, he is #794 in the World Billionaires List (#764 in 2012) and #4 in Lebanon by March 2013. In 1992, he graduated with a major in Business Administration from the McDonough School of Business at Georgetown University. Using the departure of his dad, he and his siblings earned a place in the 2006 Forbes list of richest individuals on the planet when he inherited around $4.1 million in 2005.
Before his political career, Hariri was the chairman of the executive committee of Oger Telecom with interests in the Middle East and Africa. He is the chairman and CEO of Saudi Oger, among the biggest construction companies in Saudi Arabia.
Saad Hariri took office on November 9, 2009 until June 13, 2011. Saad lost his own place as prime minister to billionaire Najib Mikati. Before that, on January 12, 2011, the opposition parties walked out as well as resigned from cabinet which caused the collapse of his government. It was a sign of protest to the issue with all the government’s decision making powers. Saad is referred to as a vocal opponent of Syrian dictator Bashar al-Assad. An arrest warrant in the Syrian government was issued to him with the claim he allegedly funded the Syrian opposition groups.
He’s the second son of Rafic Hariri, the former Lebanese Prime Minister who had been assassinated in 2005. Hariri was prime minister from 9 November 2009 until the fall of his cabinet on 12 January 2011 and has also been the leader of the Movement of the Future party since 2005. He could be seen as a “poor figurehead” of the March 14 movement.
Saad Hariri was born in Riyadh, Saudi Arabia on 18 April 1970, and is the son of Rafic Hariri and his first wife Nida Bustani, an Iraqi. Along with his native Arabic, Hariri talks English and French. He graduated in 1992 from the McDonough School of Business at Georgetown University using a major in Business Administration. Then he returned to Saudi Arabia where he managed part of his dad’s business in Riyadh until his father’s assassination in 2005. When his dad was killed in February 2005 he inherited some USD $4.1 billion, earning him and each of his sibs a spot on the 2006 Forbes list of wealthiest people in the world. In addition, Hariri was the chairman of Omnia Holdings and also a board member of Oger International Entreprise de Travaux Internationaux. On 20 April 2005, Hariri family announced that Saad Hariri would direct the Movement of the Future, an basically Sunni movement that has been created and headed by his late father. He is also the leader of the March 14 Alliance, a coalition of political groups born out from the Cedar Revolution which, through mass popular protests and Western support, led to the withdrawal of Syrian troops from Lebanon in 2005 after a 29-year existence. In 2007, French President Jacques Chirac given Saad Hariri the “Legion d’Honneur” (Knight of the Legion of Honor).