Taha Mikati who hails from Lebanon is a popular Lebanese multi-billionaire, he is the founder and the chief executive of telecommunication. According to Forbes, Taha is the 534th richest billionaire in the world and the richest man alongside with his brother Najib Mikati in Lebanon who is also the ex-Prime Minister of Lebanon, one of the richest people in Lebanon. His estimated net worth is US$ 2.8 billion.
His major source of wealth is the telecom industry . In 1979, he founded Arabian Construction Company (ACC), headquartered in Abu Dhabi, and one of the biggest construction companies in the Middle East. Taha Mikati and his brother Prime Minister Najib Mikati, inverted telecommunication provider Investcom at the height of Lebanon’s civil war in the 1980s. After IPOs in London and Dubai, they sold out their company to South Africa’s MTN Group for $5.5 billion in 2006, but the Mikati has still remained MTN’s second-largest shareholder ever since. With the net worth on net income, we were able to be believe that Taha Mikati has been recognize as one of the richest person on earth all the time in our database.
Taha Mikati Net Worth
Taha Mikati net worth is estimated as $2.8 billion ,It has investments in various industries such as retail, energy, real estate, jet leasing and fashion and he is responsible with the strategic decisions. He also has holding shares in notable companies including the fashion line Faconnable, Audi Bank, and the UK supermarket chain J Sainsbury. It was reported that the Mikatis have hired British architect Norman Foster to redesign their headquarters in Lebanon’s capital, Beirut.
Taha Mikati Age
Taha Mikati is currently 77 years old . we were made to believe that his birthday usually comes up on May 8 1944 on every blessed year throughout his life time .
Taha Mikati wife, Marriage, Children
Taha Makati is to married, with three children, and reside in Beirut, Lebanon. His son, Azmi Mikati, is the CEO of M1 Group. In July 2018 he purchased Cypriot citizenship. However, we couldn’t find out his wife and children’s name due to some reason which is very cleared and known to him alone .He decided to make theirs names unknown on the public phase.
Taha Mikati Important fact you need
He had his Bachelor of Arts/Science degree in American University of Beirut, Lebanon . Thereafter he proceed in the fundamental element of telecommucation in which he derive his multi-billion source of wealth. Its investments include stakes in South African telecom firm MTN, fashion retailer Pepe Jeans, and prime real estate in New York, London and Monaco.Mikati and his brother Najib founded Investcom in 1982, purchasing satellite phones at the height of Lebanon’s civil war.
They expanded it and make it go viral into Africa where they built cellphone towers in Ghana, Liberia and Benin, among other countries. In 2005, Investcom went public on the London Stock Exchange, and in 2009, South Africa’s MTN bought the Mikatis’ stake for $3.6 billion.