Category | Information |
---|---|
Net Worth | $2 billion at the peak of his power |
Salary | N/A |
Birthdate | April 28, 1937 |
Birthplace | Al-Awja, Saladin Governorate, Kingdom of Iraq |
Gender | Male |
Height | N/A |
Profession | Politician |
Nationality | Iraqi |
What was Saddam Hussein’s Net Worth?
Saddam Hussein, an Iraqi politician, had a net worth of $2 billion at the absolute peak of his power. He served as the President of Iraq from 1979 to 2003.
Highlights
– Saddam Hussein had a net worth of $2 billion.
– He was the President of Iraq from 1979 to 2003.
– Saddam Hussein suppressed movements seeking to overthrow the government.
– He was widely condemned in the west for the brutality of his dictatorship.
– He was captured, tried, and executed for crimes against the Shi’ite people in 2006.
Early Life
Saddam Hussein Abd al-Majid al-Tikriti was born on April 28, 1937, in Al-Awja, Saladin Governorate, Kingdom of Iraq. After the death of his father and brother from cancer, his mother tried to abort her pregnancy and attempted suicide. Saddam was sent to live with his uncle in Baghdad and later fled due to his stepfather’s abuse. He studied at a nationalistic high school and later joined the pan-Arab Ba’ath Party in 1957.
Career
After returning to Iraq in 1963, Saddam Hussein became involved in politics and worked on modernizing the country’s infrastructure and health care system. He also nationalized the oil industry and developed a chemical weapons program. In 1979, he became Iraq’s president by forcing his predecessor to resign. During his presidency, Iraq was involved in the Iran-Iraq War and the invasion of Kuwait in 1990.
Personal Life
Saddam Hussein was married to his cousin, Sajida Talfah, and they had two sons and three daughters. Uday, his eldest son, was initially considered his successor but was later replaced by Qusay due to Uday’s erratic behavior. Both Uday and Qusay were killed during a raid by U.S. forces in 2003.
Net Worth Over Time
At the peak of his power, Saddam Hussein had a net worth of $2 billion. However, his net worth significantly decreased after he was captured, tried, and executed for his crimes.
Components of Net Worth
Saddam Hussein’s net worth primarily consisted of assets acquired through his political power and control over Iraq’s resources. His wealth included cash looted from the Central Bank of Iraq and other sources, as well as ownership of numerous palaces and other properties.
In conclusion, Saddam Hussein, the former President of Iraq, had a net worth of $2 billion at the peak of his power. However, his net worth significantly decreased after his capture and execution. His wealth primarily consisted of assets acquired through his political power and control over Iraq’s resources.