Rank #1124
Najib Mikati
Net worth $3.8B
Telecom · Lebanon
- Born
- Nov 24, 1955
- Age
- 70
- Source
- Telecom
- Residence
- Beirut
- Citizenship
- Lebanon
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, American University of Beirut, Lebanon; Master of Business Administration, American University of Beirut, Lebanon
Net worth over time
Biography
- Najib Mikati cofounded Beirut-based investment firm M1 Group.
- Mikati currently served as the prime minister of Lebanon until February 2025, a position he previously held from 2011 to 2014 and briefly in 2005.
- Mikati and his billionaire brother Taha founded Investcom in 1982, selling satellite phones at the height of Lebanon's civil war.
- They expanded into Africa where they built cellphone towers in Ghana, Liberia and Benin, among other countries.
- In 2005, Investcom went public on the London Stock Exchange, and in 2009, South Africa's MTN bought the Mikatis' stake for $3.6 billion.
- In 2005, Investcom was the largest IPO of a Middle Eastern company in London, and the first stock to trade on the Dubai Financial Market.
Financial assets
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