Sunday, February 6, 2011

Mubarak's net worth: Rs 319,500 crore! - Rediff.com News

Mubarak's net worth: Rs 319,500 crore! - Rediff.com News: "Egypt's embattled President Hosni Mubarak's and his family's net worth is estimated to be between $40 billion (Rs 182,500 crore) and $70 billion( Rs 319,500 crore), a media report said.

The wealth of the Egypt's first family was built largely from military contracts during his days as an air force officer; Mubarak eventually diversified his investments through his family when he became president in 1981, the 'ABC News' quoted experts as saying.


The family's net worth now ranges from $ 40 to 70 billion, by some estimates, the report said."

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