sillyputty
Banned
- 3,634
- 21
This stuff makes me wonder how rich the Rothschild's are...because if this is true about Qaddafi...then...
... the conspiracy theorists might be right...
http://www.businessinside...-billion-richest-2011-10
[h1]Qaddafi Was Worth More Than $200 Billion â By Far The Richest Person In The World[/h1]
A pro-Qaddafi supporter in Tripoli
Image: ap
[h3]See Also:[/h3]
Muammar Qaddafi was three times as rich as Carlos Slim and ten times richer than King Abdullah of Saudi Arabia â easily the richest man in the world.
Qaddafi was supposedly worth over $200 billion with assets in bank accounts, real estate and corporate investments around the world.
This staggering new estimate comes from senior Libyan officials and seems to be legitimate, according to theLA Times.
How did he get so rich?
"King of Kings" Qaddafi had uncontested personal control over the largest oil reserves in Africa for the past 41 years.
Unlike Abdullah and other oil-rich leaders, Qaddafi invested little money in national infrastructure like schools and hospitals or any kind of economic diversification. What money Qaddafi did spend went largely to buy support from African leaders.
While much of this money was held by government institutions like the Central Bank of Libya and the Libyan Investment Authority, Qaddafi was able to withdraw money at will.
Read more details at the LA Times >
[h2]Don't miss: The Rise And Fall Of Muammar Qaddafi In Pictures >[/h2]
http://www.businessinside...-billion-richest-2011-10
[h1]Qaddafi Was Worth More Than $200 Billion â By Far The Richest Person In The World[/h1]
A pro-Qaddafi supporter in Tripoli
Image: ap
[h3]See Also:[/h3]
Muammar Qaddafi was three times as rich as Carlos Slim and ten times richer than King Abdullah of Saudi Arabia â easily the richest man in the world.
Qaddafi was supposedly worth over $200 billion with assets in bank accounts, real estate and corporate investments around the world.
This staggering new estimate comes from senior Libyan officials and seems to be legitimate, according to theLA Times.
How did he get so rich?
"King of Kings" Qaddafi had uncontested personal control over the largest oil reserves in Africa for the past 41 years.
Unlike Abdullah and other oil-rich leaders, Qaddafi invested little money in national infrastructure like schools and hospitals or any kind of economic diversification. What money Qaddafi did spend went largely to buy support from African leaders.
While much of this money was held by government institutions like the Central Bank of Libya and the Libyan Investment Authority, Qaddafi was able to withdraw money at will.
Read more details at the LA Times >
[h2]Don't miss: The Rise And Fall Of Muammar Qaddafi In Pictures >[/h2]