Taha Mikati Net Worth $3.5 Billion
Lebanese billionaire Taha Mikati is the co-founder of Investcom, and contains an estimated net worth of $3.5 billion as of March 2013. Based on Forbes, he’s the richest person in Lebanon and 384th among the entire world’s billionaires as well as his brother, Prime Minister Najib Mikati. Together, they founded the company in the height of the civil war in Lebanon in the 1980s, and later enlarged into Africa. However, they stayed the second largest individual stockholders of MTN ever sinc. Taha Mikati has holding shares in prominent firms like the fashion line Faconnable, Audi Bank, and the UK supermarket chain J Sainsbury. It had been reported the Mikatis have hired British architect Norman Foster to redesign their headquarters in Lebanon’s capital, Beirut. Mikati also made his estimated net worth of $3.5 billion as the creator and chairman of M1 Group, a holding company headed by his son Azmi, an engineering graduate from Columbia University. It has investments in various sectors like retail, energy, real estate, jet leasing and trend and he is responsible with the strategic decisions.