informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Feb 12 2011, 4:16 PM Category: Geopolitics Source: Antiwar Print

World's Richest Tyrant: Mubarak's Unfathomable Wealth

Reports Say Mubarak Likely the World's Richest Man
by Jason Ditz, February 10, 2011


How much money can someone steal after 30 years as the dictator of a major country with a command economy and a military reaping billions in “off-budget” profits? Quite a bit, as it turns out.

Though Forbes Magazine lists Mexican telephone giant Carlos Slim Helu as the world’s richest man, his $50+ billion net worth may actually take a distant second to the unfathomable wealth Mubarak has managed to assemble over decades of dictatorship and years as a top military official before that.

Indeed, while the overall size of Mubarak’s personal fortune is not well documented (and for good reason, because much of that money surely vanished out of government coffers), estimates put his wealth in the realm of $70 billion, held in British and Swiss banks and in real estate holdings around the world.

Experts say Mubarak had the foresight to put most of his wealth abroad, where he and his family will still be able to get at it after his seemingly inevitable deposition. But with a net worth that would make the ancient pharaohs blush, the real question is what on earth is keeping him stubbornly hanging on to the reins of power in Egypt – surely he has taken enough to be satisfied by now.





Latest Geopolitics
- Americans Support a Peaceful Deal With Iran By Almost a 2-to-1 Margin
- CIA Money Landed in Al Qaeda's Hands: Report
- CNN/ORC Poll: 66% of Americans Say US Should Remain Neutral in Israel/Palestine Conflict
- Greece Begins The Great Pivot Toward Russia
- Jamaica is About to Decriminalize Ganja
- Documents Show US Enemy ISIS & US Ally Saudi Arabia Prescribe Near-Identical Punishments For Crimes
- Catalonia Overwhelmingly Voices Desire for Independence
- Guatemalan President Will Present Plan to Legalize Marijuana, Opium Production









Comments Add Comment Page 1 of 1
Anonymous

Posted: Feb 13 2011, 12:13 AM

Link
9952 I don't understand why people dwell on individuals like Bill Gates, etc who are supposedly the richest "individuals" in the world.

Did we forget about the Rothschild family who at one time was rumored to own half the wealth of the world.

Yea, but apparently all that wealth just went away huh...........


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

"F*ck This Court": Woman Who Took AK-47 To Jailbreak Pens Epic Rant Against Judge - 04/26Police Cadet Turns in Cop for Turning Body Cam Off Just Before Pummeling his Victim - 04/26Student Accused of Rape By 'Mattress Girl' Sues Columbia U., Publishes Dozens of Damning Texts - 04/26Innocent Man Convicted After FBI 'Expert' Analysts Confused his Hair with the Hair of a DOG - 04/26Dashcam Video Shows Cop Shoot Man 'Armed' With Cell Phone - 04/24Average Americans Finding Out They Live In A Police State - 04/26Cop In Wrong-Way Fatal Crash Had Blood-Alcohol Level 3 Times Legal Limit, Report Says - 04/26Cop Ruptures Man's Spleen, Fellow Cops Laugh, Take Pics, As He Lays Dying, Begging For Help - 04/24

(more)

 
Top