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According to Los Angeles Times the late Libyan dictator Muammar Gaddafi had “secretly salted away more than $200 billion in bank accounts, real estate and corporate investments around the world before he was killed.” The story was repeated around the world, with various news sites reporting that Gadhafi died richer than the three richest people on the planet – Carlos Slim, Bill Gates and Warren Buffett – combined. This means, prior to his death, he was by far the richest person in the world. Currently, he has an estimated net worth of $70 billion.
His forty-two year reign was subject of much controversy and internal unrest. As of February 2011, political unrest within the country boiled over into full-scale violence, largely perpetrated by the military against civilian protesters. Gaddafi was forced out of office and eventually killed by rebel forces.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2010 |
Asset |
Estimated value of Gaddafi's string of properties in the West End theatre |
$455,000,000 |
2010 |
Asset |
"Estimated value of Gaddafi's shares in Pearson which owns the Financial Times and Penguin books " |
$325,000,000 |
2010 |
Asset |
The value of Gaddafi's luxurious mansion set in the suburb of North London. |
$15,000,000 |
2002 |
Sale of Asset |
Amount paid for the purchase of Airbus A340 private jet which he purchased from Prince Al-Waleed bin Talal of Saudi Arabia |
$120,000,000 |