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2011-02-16 Africa North
How much is Mubarak worth?
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Posted by Fred 2011-02-16 00:00|| || Front Page|| [1 views ]  Top

#1 [For the record] the New York Times newspaper has quoted U.S. officials saying that the rumours regarding Mubarak's fortune are greatly exaggerated, and that the family wealth could range between 2 and 3 billion dollars!

I think that's high. Hundreds of millions is more likely - consider that the Sultan of Brunei, with his access to $8b in oil revenues per year for many decades, is worth just north of $10b. Mubarak was president, not king. He needed to pay off armies of underlings to stay in power. And unlike Brunei, Egypt has no exportable oil.
Posted by Zhang Fei 2011-02-16 17:23||   2011-02-16 17:23|| Front Page Top

#2 It's not what you've got, it's what people think you've got, that matters. If I were Mubarak, I'd prefer if people thought I had 70 billion. 2 - 3 billion is like.... nothing.
Posted by tipper 2011-02-16 18:07||   2011-02-16 18:07|| Front Page Top

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