London: Egyptian President Hosni Mubarak is likely the richest man in the world with an estimated wealth of about 70 billion dollars.
According to the Guardian, a UK based newspaper; Mubarak has money stored in several Swiss and other foreign bank accounts, and has shadowy real-estate holdings in Manhattan, London and Rodeo Drive in Beverly Hills.
The 82-year-old far ahead of Mexican business tycoon Carlos Slim Helu, who is worth about 53.5 billion dollars, and Microsoft founder Bill Gates, the richest American with 53 billion dollars.
According to Princeton Political Science professor Amaney Jamal, Mubarak’s three-decade rule in Egypt had kept him in a perfect spot to get a piece of any government action.
“There was a lot of corruption in this regime and stifling of public resources for personal gain. This is the pattern of other Middle Eastern dictators,” Jamal told ABC News.
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