Hosni Mubarak Net Worth is$70 Billion
Hosni Mubarak Net Worth is $70 Billion. Hosni Mubarak is the former President of Egypt, former Egyptian politician and military commander, with a net worth of an estimated, $70 b...[read more]http://www.richestnetworth.com/hosni-mubarak-net-worth/
Profession: Politician, Dictator
Date of Birth: May 4, 1928
Date of Birth: May 4, 1928
What is Hosni Mubarak Net Worth?
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Hosni Mubarak is the former President of Egypt, former Egyptian politician and military commander, with a net worth of an estimated, $70 billion. Hosni Mubarak earned his net worth during his political positions as, Vice President (1975,) and then, President of Egypt from 1981 until 2011. He also served in the Egyptian Air Force, as career officer and commander (1972-1975,) and eventually becoming the air chief marshall. Mubarak was forced to resign as President in 2011, through the protests and many demonstrations from the people to have him removed from office. He and his two sons were also held and questioned concerning charges of political corruption and using his power as President abusively. Mubarak was also accused of pre-meditated murder of innocent protestors, during the time of the revolution, as well as, being suspected of having something to do with the assassination of former President Anwar Sadat. President Sadat had appointed Mubarak to be his Vice President in 1975, and Mubarak met with many important political figures and took part in all meetings, in support of Sadat's policies. He was considered Sadat's right hand man, and no one wanted to cross him. Mubarak took over as President, after Sadat was killed by the military Jihad cell. During Sadat's Presidency, Egypt was suspended from being a part of the Arab League, because of his peace treaty with Israel, but suspension was lifted after Mubarak took over the office. There were several assassination attempts on Mubarak during his time in the Presidential seat. The Jihad cell tried to eliminate him, while he attended a conference, at the Organization of African Unity. It was also said that he was attacked with a knife and suffered injuries. Mubarak was elected to four terms as President, although, there is a question as to whether the election was legitimate or not. Under President Mubarak's rule, the people and politicians were jailed and held without trial, people were persecuted and privacie's were invaded. The government was allowed to arrest and hold people without any reason, for as long as they deemed necessary. Demonstrations, any political organizations that aren't approved by the government and any donations that were not approved were banned. This was called the Emergency Law. Mubarak may be facing the death penalty for the murder of peaceful protestors, if found guilty. On the charges of destroying the nations financial stabilty, he was ordered to pay LE200 million. On August, 3, 2011, Mubarak and his sons, Alaa and Gamal were brought before the courts in North Cairo, and charged with corruption and premeditated murder. Mubarak has pleaded not guilty and the second court session is scheduled for August 15, 2011. His two sons were taken to Tora Prison to await their trial, but Mubarak had apparently suffered a heart attack and was hospitalized. Hosni Mubarak was born in Kafr-El-Meselha, Monufia, Governorate, Egypt, in 1928. After graduating high school, Mubarak earned his bachelors degree (in military sciences) at the Egyptian Military Academy, and afterwards became a military pilot for the Air Force Academy, where he earned his B.A. in Aviation Sciences. He is married to Suzanne Mubarak and has two sons, Alaa and Gamal.
Flash News about Hosni Mubarak
Mubarak: Netanyahu Wants to Separate Gaza From the West Bank
Former Egyptian President Hosni Mubarak sat down for an interview with Kuwait’s Al-Anba newspaper recently to discuss a number topics including Trump’s peace deal and the new developments occurring in ...
Posted: May 20, 2019, 11:46 am
Mubarak: ‘Deal of the Century’ Will Blow Up the Region
Kuwaiti TV host Fajr al-Saeed (L) and former President Hosni Mubarak In an interview with Kuwaiti TV host Fajr al-Saeed, known for her appearance on Israeli TV in defiance of many death threats, ...
Posted: May 19, 2019, 11:41 pm
Egypt court reduces Mubarak-era minister’s fine for theft to $29
An Egyptian court fined a former interior minister, who served under ousted president Hosni Mubarak, 500 Egyptian pounds ($29) for “abusing pubic funds”, cancelling a previous decree to fine him and ...
Posted: May 10, 2019, 6:01 am