{"id":39606,"date":"2015-03-19T00:00:00","date_gmt":"2015-03-19T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/39606\/sorting-through-lebanons-seven-richest-men-for-shits-and-no-giggles"},"modified":"2023-08-30T06:52:39","modified_gmt":"2023-08-30T06:52:39","slug":"sorting-through-lebanons-seven-richest-men-for-shits-and-no-giggles","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/39606\/sorting-through-lebanons-seven-richest-men-for-shits-and-no-giggles\/","title":{"rendered":"Sorting Through Lebanon&#8217;s Seven Richest Men For Shits (And No) Giggles"},"content":{"rendered":"<big>Forbes has released its <a href=\"https:\/\/www.forbes.com\/sites\/chasewithorn\/2015\/03\/02\/forbes-billionaires-full-list-of-the-500-richest-people-in-the-world-2015\/\" target=\"_new\" rel=\"noopener\">annual ranking of the richest people<\/a> in the world. Notably, Carlos Slim Hel\u00fa, the second richest man in the world, is of Lebanese descent. Instead of proudly claiming him as the only shining Lebanese beacon topping the ranking, lets take a closer look at the seven Lebanese men who also made the list, and yes, unfortunately only men made the list.<br \/>  <br \/>  Out of the 1,826 individuals to make the Forbes cut, these Lebanese passed the bar. Six out of the seven either served as prime minister within the last decade or are directly related to a former prime minister. Oh, and in case you already hadn&#8217;t guessed, four out of the seven are brothers from the same family.<\/big><br \/>  <br \/>  <b><big><big>#534. Najib and Taha Mikati<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-5.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/english.al-akhbar.com\/sites\/default\/files\/imagecache\/5cols\/leading_images\/mikati20130208.jpg\" target=\"_new\" rel=\"noopener\">Al-Akhbar<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $3.3 billion<br \/>  <br \/>  Former Prime Minister Najib Mikati and his brother Taha rank as our richest Lebanese men, coming in at 534th in the world ranking. Together they owned a Telecom company called Investcom, which operated in Syria and Africa. They sold the company in 2006 for a wad of cash and stock. Taha also continues to operate M1 Group, a holding company, with his son Azmi. Do we sense a future prime minister hopeful?<\/big><br \/>  <br \/>  <b><big><big>#810. Bahaa Hariri<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-250x175.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/images.forbes.com\/media\/lists\/10\/2010\/bahaa-hariri.jpg\" target=\"_new\" rel=\"noopener\">Forbes<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $2.3 billion<br \/>  <br \/>  To his credit, Bahaa Hariri, the oldest son of former Prime Minister Rafik Hariri, split from the family business in 2008 to forge his own path. Having invested heavily in Jordan, he has grown his own holding company, Horizon Group. He also owns a majority of the logistics company, Global Express. Still, departing from a billionaire family business to become a richer billionaire? Color us impressed.<\/big><br \/>  <br \/>  <b><big><big>#1250. Saad Hariri<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1-250x160.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/english.al-akhbar.com\/sites\/default\/files\/imagecache\/5cols\/leading_images\/Hariri_Money_pic_1.jpg\" target=\"_new\" rel=\"noopener\">al-akhbar<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $1.5 billion<br \/>  <br \/>  Of course, Saad Hariri makes the list as the current CEO of the family\u2019s Saudi-based construction business, Oger.  The company is one of the largest construction companies in Saudi Arabia and also owns stakes in Turk Telekom, Jordan\u2019s Arab Bank, and several other regional banks. Of course, we don\u2019t need to remind anyone that he is also a former prime minister and a hopeful for the position once again, that is, if Lebanon ever manages to cobble together a new government. We&#8217;re not holding our breaths.<\/big><br \/>  <br \/>  <b><big><big>#1312. Robert Mouawad<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-3-250x250.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/www.robertmouawad.com\/images\/flash_main1.jpg\" target=\"_new\" rel=\"noopener\">robertmouawad.com<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $1.45 billion<br \/>  <br \/>  And the prize for the only Lebanese billionaire to not have been prime minister or be directly related to a prime minister goes to Robert Mouawad. Mouawad instead owes his fortune to his family&#8217;s fine jewelry business, founded in 1891. In 2003, Mouawad turned the business over to his sons to focus on his real estate endeavors.<\/big><br \/>  <br \/>  <b><big><big>#1638. Ayman Hariri<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-4-250x175.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/4.bp.blogspot.com\/-UvoKGS2PF1U\/T883rRYUyCI\/AAAAAAAACp8\/6drUqo6nw2o\/s1600\/ayman-hariri.jpg\" target=\"_new\" rel=\"noopener\">blogspot.com<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $1.1 billion<br \/>  <br \/>  He works for the family business. Enough said.<\/big><br \/>  <br \/>  <b><big><big>#1638. Fahd Hariri<\/big><\/big><\/b><br \/>  <img decoding=\"async\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-2-250x175.png\" width=\"100%\"><br \/>  (Image via <a href=\"https:\/\/images.forbes.com\/media\/lists\/people\/fahd-hariri_485x340.jpg\" target=\"_new\" rel=\"noopener\">Forbes<\/a>)<br \/>  <br \/>  <big><b>Fortune:<\/b> $1.1 billion<br \/>  <br \/>  While studying in Paris, Fahd Hariri opened an interior design studio and sold furniture to Saudi clients. He now works to develop residential buildings in Beirut. Of course, his family money and political connections are never far away.<br \/>  <br \/>  We may enjoy lamenting the explicit marriage of money and politics within Lebanon. A glance at this list doesn\u2019t seem to paint a bright picture. However, perhaps its nice to have the reality so prominently displayed instead of shrouded in lobby groups, political pawns, and backroom deals as normally plays out in Western politics. At least in Lebanon the myth is removed, and it becomes all too clear that money and politics go hand-in-hand.<\/big><br \/>      <figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><figure class=\"wp-block-image size-large\" ><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"175\" data-id=\"418301\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-250x175.png\" alt=\"\" class=\"wp-image-418301\" srcset=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-250x175.png 250w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606.png 400w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure><figure class=\"wp-block-image size-large\" ><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"160\" data-id=\"418303\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1-250x160.png\" alt=\"\" class=\"wp-image-418303\" srcset=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1-250x160.png 250w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1-600x383.png 600w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1-768x490.png 768w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-1.png 780w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure><figure class=\"wp-block-image size-large\" ><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"175\" data-id=\"418305\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-2-250x175.png\" alt=\"\" class=\"wp-image-418305\" srcset=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-2-250x175.png 250w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-2.png 485w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure><figure class=\"wp-block-image size-large\" ><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" data-id=\"418307\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-3-250x250.png\" alt=\"\" class=\"wp-image-418307\" srcset=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-3-250x250.png 250w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-3.png 451w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure><figure class=\"wp-block-image size-large\" ><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"175\" data-id=\"418309\" src=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-4-250x175.png\" alt=\"\" class=\"wp-image-418309\" srcset=\"https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-4-250x175.png 250w, https:\/\/www.beirut.com\/wp-content\/uploads\/2023\/04\/39606-4.png 485w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/figure><\/figure>    ","protected":false},"excerpt":{"rendered":"<p>Forbes has released its annual ranking of the richest people in the world.<\/p>\n","protected":false},"author":0,"featured_media":418311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","_preview_accessed":0,"_lftp_listicle_injection":"","footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-39606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[39],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sorting Through Lebanon&#039;s Seven Richest Men For Shits (And No) Giggles<\/title>\n<meta name=\"description\" content=\"Forbes has released its annual ranking of the richest people in the world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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