Mubarak worth $40-$70 Billion

Discussion in 'Middle East - General' started by Political Junky, Feb 4, 2011.

  1. Political Junky
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    Political Junky Gold Member

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    No doubt, all legally earned.

    If Forced To Leave, Mubarak Could Take Estimated Fortune Of $40-$70 Billion

    An Egyptian biographer and an American professor claim that the Mubarak family is worth from $40 to $70 billion, according to ABC News.
    Experts say the wealth of the Mubarak family was built largely from military contracts during his days as an air force officer. He eventually diversified his investments through his family when he became president in 1981. The family's net worth ranges from $40 billion to $70 billion, by some estimates.
    $70 billion would put Mubarak somewhere between Carlos Slim and Warren Buffett in terms of wealth. Is this realistic? It could be when you consider that he spent thirty years as the ruler of a large country and American ally.
    Mubarak's family is said to own properties in London, Paris, Madrid, Dubai, Washington, D.C., New York and Frankfurt, according to IHS Global Insight.


    Read more: If Forced To Leave, Mubarak Could Take Estimated Fortune Of $40-$70 Billion
     
  2. syrenn
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    syrenn BANNED

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    Imagine that.
     
  3. chesswarsnow
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    chesswarsnow "SASQUATCH IS WATCHING"

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    Sorry bout that,


    1. I am sure a portion of that, is American tax dollars.
    2. With all we've thrown down in that sewer of a country.
    3. We really need to grow a brain as a nation and stop paying governments to be good.
    4. Jimma Carter started this crap.
    5. Dumbest president we have ever had.
    6. Not even Obama is that dumb.:evil:
    7. Obama was smart enough to steal an election right under every bodies nose here in America.:evil:


    Regards,
    SirJamesofTexas
     
    Last edited: Feb 4, 2011
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Now dey goin' after his money stashed away in secret bank accounts...
    :cool:
    Egypt seeks to seize Mubarak's assets abroad
    Monday, February 21, 2011; Egypt's top prosecutor on Monday asked the Foreign Ministry to seek help from foreign governments to seize ousted president Hosni Mubarak's assets, Egyptian state media reported.
     
  5. Trajan
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    Trajan conscientia mille testes

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    hummm, hes short money. IF we have been sending him 2 Billion a year for 25 -30 years ...wheres the damn rest? he needs to have robbed at last 60 bill. or hes fudged the books.....

    :lol:
     
  6. jckryan
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    jckryan So, this is purgatory?

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    All of his accounts got to be frozen NOW. The center of attention now is Libya and Quackdafy. The last thing we need is for Mubarak to backdoor the revolution process in Eygpt by paying off hits on high ranking officers/officials and inserting loyalist in their place (and threatening further executions for 'traitors').
     

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