Taha Mikati – Billionaire

REAL TIME TOTAL ASSETS– since 5/1/17
$ 2.7 B.

 
Taha Mikati founded telecom operator Investcom with his bro, previous Lebanese Prime Minister Najib Mikati, during Lebanon’s civil battle in the 1980s. They later expanded right into a number of African countries before marketing their in 2006 to MTN of South Africa for $3.6 billion in money and . Through their holding company, M1, the brothers still own just under 10% of MTN, one of their most important assets. Mikati’s child Azmi, a Columbia College graduate, runs the day-to-day business. M1 Group has financial investments in realty and also clothing firm Faconnable. In 2012, M1 Group bought a stake in U.K. supermarket chain J Sainsbury.

It is according to Forbes.