Adnan Khashoggi Net Worth

Title: Adnan Khashoggi’s Net Worth: A Legendary Businessman and His Fortune

Introduction:

Adnan Khashoggi was a prominent Saudi Arabian businessman, known for his extravagant lifestyle and involvement in significant business deals. Throughout his career, he amassed a remarkable net worth that placed him among the wealthiest individuals globally. This article explores the fascinating life of Adnan Khashoggi, examining his net worth, early life, career highlights, personal life, and the components of his wealth.

Table:

| | |
|———————-|—————————–|
| Net Worth | $2 billion (at time of death)|
| Salary | N/A |
| Birthdate | July 25, 1935 |
| Birthplace | Mecca, Saudi Arabia |
| Gender | Male |
| Height | N/A |
| Profession | Businessman |
| Nationality | Saudi Arabian |

I. What is Adnan Khashoggi’s Net Worth?

Adnan Khashoggi’s net worth at the time of his death in 2017 was estimated to be $2 billion. However, during the early 1980s, his fortune peaked at $4 billion, briefly making him the richest person in the world. His substantial wealth earned him the nickname “Great Gatsby of the Middle East.” Despite financial challenges later in life, Khashoggi left behind an impressive fortune.

II. Highlights

– Adnan Khashoggi, a Saudi Arabian businessman, amassed a net worth of $2 billion throughout his career.
– Known for his extravagant lifestyle, Khashoggi was briefly the richest person in the world in the early 1980s.
– He was involved in significant business deals and served as an arms dealer, brokering lucrative transactions.
– Khashoggi’s Triad International Holding Company was a major multinational private investment corporation.

III. Early Life

Adnan Khashoggi was born on July 25, 1935, in Mecca, Saudi Arabia. His father, Mohammad, served as the personal doctor to King Abdul Aziz Al Saud. Raised in a privileged environment, Khashoggi had early exposure to influential figures and the world of business. He pursued his education in the United States, attending prestigious universities such as California State University, Chico, Ohio State University, and Stanford University.

IV. Career

Adnan Khashoggi’s career as a businessman was marked by his ability to bring together Western companies to fulfill the defense needs of the Saudi Arabian government. Notably, he worked closely with Lockheed, earning $106 million in commissions from the corporation between 1970 and 1975. Khashoggi established various companies in Liechtenstein and Switzerland to handle his commissions and developed connections with influential figures, including CIA officers.

V. Personal Life

Adnan Khashoggi’s personal life was as remarkable as his business endeavors. He had multiple marriages and converted some of his wives to Islam. Khashoggi’s first wife, Sandra Daly, converted to Islam and took the name Soraya. They had five children but divorced in 1974. He then married Laura Biancolini, an Italian who also converted to Islam, and they had a son named Ali. In 1991, he married Shahpari Azam Zanganeh, his third and final wife, with whom he remained until 2014.

VI. Net Worth Over Time

Adnan Khashoggi’s net worth witnessed a surge during the early 1980s when it reached a peak of $4 billion. However, financial challenges and various controversies affected his fortune later in life. Despite these setbacks, he still passed away with a net worth of $2 billion.

VII. Components of Net Worth

Adnan Khashoggi’s net worth primarily originated from his involvement in arms dealing and brokering significant deals between the U.S. and the Saudi royal family. Commissions from Lockheed Corporation, Grumman Aircraft Engineering Corporation, Raytheon, and Northrop Corporation contributed significantly to his wealth. Additionally, his diverse business ventures, including Triad International Holding Company, expanded his wealth holdings worldwide.

Conclusion:

Adnan Khashoggi, a larger-than-life figure, left an enduring legacy as a successful businessman. With a net worth of $2 billion, he enjoyed immense wealth during his lifetime. Known for his extravagant lifestyle and participation in high-profile deals, Khashoggi’s career shaped his impressive fortune. Despite challenges later in life, he remained an influential figure in the business world. Adnan Khashoggi’s story is a testament to the rewards of visionary entrepreneurship and global business acumen.

Note: All net worth figures mentioned in this article are estimates based on publicly available information.

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