Why Is Osama Bin Laden So Rich?
As a Result, Bin Laden's Company Eventually Amassed Assets in Excess of Us$5 Billion. He Made His Initial Fortune from Exclusive Rights to All Mosque and Other...
As a result, bin Laden's company eventually amassed assets in excess of US$5 billion. He made his initial fortune from exclusive rights to all mosque and other religious building construction in Saudi Arabia and several other Arab countries.
How did Osama bin Laden get his money?
Bin Laden was the 17th of 52 children of construction magnate Muhammad Awad bin Laden, an immigrant from neighboring Yemen, who ran the company Saudi Binladin Group. Muhammad Awad bin Laden became a billionaire by building his company into the largest construction firm in the Saudi kingdom.
Was bin Laden wealthy?
Bin Laden was the son of Mohammed bin Laden, the wealthy Yemeni owner of a successful construction business living in Saudi Arabia. When Mohammed died in 1968, Osama inherited $30 million.