Khaddam speaks for poor Syrians? Personal fortune estimated at US$1.1 billion
Following his recent criticism on the Syrian regime, including on the vast poverty in the Syrian society, Syrian economic sources have published data on Abdul Halim Khaddam's personal fortune. This move is aimed at highlighting the former Vice President's "hypocrisy" as the voice of the poor Syrians.
These sources have estimated that the fortune of Khaddam, his wife, sons and son's wives at US$ 1.1 billion. The majority of Khaddam's assets is based outside Syria.
According to these sources who are quoted by Champress, during the past 20 years, Khaddam has received from ex-Lebanon's premier Rafic al Hariri some US$ 500 million, including luxurious houses, magnificent palaces, two yachts and cash money deposited in French, Swiss and Lebanese banks.
These close sources to the Syrian regime have added that the two palaces received from Hariri are located in Paris and Nice, which is owned by Kaddam's wife, Najat Marqabi.
Additionally, Khaddam's fortune features a palace in his home-town Banias with a private harbor, a luxurious apartment in Beirut and two modern yachts ("Maya1", "Maya2").
Khaddam owns shares in the Lebanese Telecommunication Company and recieved mega import contracts from the Lebanese Electricity Company.
As for his family, following is a list of their main possessions:
- A number of companies in Saudi Arabia along with Hariri's sons.
- An art magazine, based in Lebanon. It is run by the wife of his son, Hanan Kheir Beik.
- Cham International Company for Art Production. This company is owned by his son, Bassem.
- Budget Rental Car Company owned by Bassem.
- Philippe Maurice for cigarettes in Syria owned by sons Jamal and Jihad.
- Petroleum contracts and oil services company owned by Jamal Khaddam.
- Shares in restaurants and swimming pools on the road leading to the Damascus International Airport.
- Chain of La Noazet restaurants in Damascus.
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- Lebanon reaches initial deal for Egypt gas, seeks oil from Iraq and Iran
- Sources: Syrian tycoon moves businesses to Gulf region