Monday, February 7, 2011

Mubarak family fortune could reach $70bn, say experts

Mubarak family fortune could reach $70bn, say experts | World news |


President Hosni Mubarak's family fortune could be as much as $70bn (£43.5bn) according to analysis by Middle East experts, with much of his wealth in British and Swiss banks or tied up in real estate in London, New York, Los Angeles and along expensive tracts of the Red Sea coast.
These richest people in the world lists come out all the time and, without trying to dig up the last few years worth, I don't recall Mubarak's name being anywhere in the top five. I could be wrong about that, but if not, is this an indication that there are other shadow fortunes out there, possibly dwarfing the fortunes the world knows about. Makes the world feel a little more James Bond-ish.
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