Hosni Mubarak! How a government employee became the richest man in the world

This article was last updated on April 16, 2022

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Who is President Hosni Mubarak
·        Has used emergency powers to rule Egypt since 1981

·        30 years of Mubarak’s rule resulted in 60 percent of the country’s 85 million Egyptians living on less than $2 a day.

·        40 per cent of Egyptian youth between the ages of 18 and 24 are unemployed.

·        The Mubarak family has accumulated an estimated 40 billion dollars in properties and assets in banks in the U.S., Switzerland and Britain – which is hard to explain given that the ailing dictator’s only legitimate source of income is his government paycheck. 

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Estimates of his wife’s Suzanne’s wealth ranges from three to five billion dollars with vast sums in American banks and property in several European capitals such as London, Frankfurt, Madrid, Paris and more in Dubai.

·        His son Gamal Mubarak has an estimated 17 billion dollars in several banks in Switzerland, Germany, the United States and Britain.

·        His son Alaa Mubarak’s estimated 8 billion dollar fortune includes properties in Los Angeles, Washington and New York, as well as two yachts worth in excess of 60 million Euros.

·        He administered a police state for three decades and made Egypt an international centre for torture according to Amnesty International report of 2007.

·        He recently disbanded his police force and opened the prison gates to create enough chaos to justify a curfew.

·        His ruling party, the National Demcoratic Party, raised an army of hired goons to recently attack peaceful demonstrators in Tahrir Square in Cairo.

·        He recently unplugged the entire country from the internet and encouraged his security forces to assault foreign journalists so his state owned media could control the message.

·        He  promised the Egyptian people that he would only serve two terms but ended up lording over them for five consecutive terms.

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