Adnan Khashoggi net worth

Adnan Khashoggi (Arabic:, romanized: ‘Adnan Khshuqj, Turkish: Adnan Kaşkç; 25 July 1935 – 6 June 2017) was a Saudi businessman known for his extravagant lifestyle and business deals. [2][3] In the early 1980s, he is reported to have had a net worth of around $4 billion.

Family and Education Go Hand in Hand

Adnan Khashoggi net worth

Khashoggi was born in Mecca to Mohammad Khashoggi, the personal doctor to King Abdul Aziz Al Saud, and Samiha Ahmed. Samira Khashoggi, Khashoggi’s sister, married millionaire Mohamed Al-Fayed and had Dodi Fayed. Soheir Khashoggi, another sister, is a well-known Arab novelist (Mirage, Nadia’s Song, and Mosaic). He was Jamal Khashoggi’s paternal uncle.

Khashoggi attended Victoria College in Alexandria, Egypt, as well as the California State University, Chico, Ohio State University, and Stanford University in the United States. Adnan Khashoggi dropped out of school to pursue a career in business.

Read more- Frank Abagnale Net Worth: Deeper Look Into His Luxury Lifestyle in

Adnan Khashoggi’s Net Worth Is Estimated to Be in The Millions of Dollars

Adnan Khashoggi net worth

2 Billion Dollars

Adnan Khashoggi’s net worth: Adnan Khashoggi was a Saudi Arabian businessman who had a net worth of $2 billion dollars at the time of his death in 2017. Adnan Khashoggi, an armaments trader, was briefly classified as the world’s richest person in the early 1980s, when his net worth reached $4 billion USD, giving him the moniker “Great Gatsby of the Middle East.” Khashoggi was the CEO of the Triad International Holding Company, a worldwide private investment organization with a diverse portfolio of large assets and enterprises all over the world.

In the James Bond film Never Say Never Again, his yacht was featured. He reportedly spent $250,000 per day at his height to support his lifestyle. Adnan was the nephew of murdered Washington Post columnist Jamal Khashoggi.

Read more- Michael Franzese Net Worth: How Much Has This Person Made This

Settlement in Divorce

The issue of Adnan Khashoggi’s divorce from Soraya Khashoggi went on for five years. After everything was said and done, a judge ordered Adnan to pay Soraya $875 million. At the time, it was the largest divorce settlement in history, and it is still one of the most costly divorces ever.

Beginnings in Life and Work

Adnan Khashoggi was born in Mecca, Saudi Arabia, in 1935 to Mohammad, King Abdul Aziz Al Saud’s personal doctor, and Samiha. He has two sisters, both of whom went on to become authors: Samira, who was born the same year as him, and Soheir, who was born a year later. Khashoggi attended Victoria College in Alexandria, Egypt, and then went to California State University, Chico, Ohio State University, and Stanford University in the United States. He met the future King of Jordan, Hussein bin Talal, while still in school, and learned how to strike a deal when he arranged a business meeting between the fathers of two classmates. Khashoggi eventually dropped out of university to seek a career in business.

In the 1960s and 1970s, You Might Pursue a Business Career

In the 1960s and 1970s, Khashoggi continued to negotiate big transactions, bringing together Western firms to meet Saudi Arabia’s defense demands. Lockheed Martin, one of the corporations with which he worked, paid Khashoggi $106 million in fees between 1970 and 1975. He became the marketing arm of Lockheed, providing strategy, counsel, and analysis. Later, Khashoggi set up a series of firms in Liechtenstein and Switzerland to handle his commissions, and he made contacts with high-ranking CIA officials including Kim Roosevelt and James H. Critchfield.

Read more- Al Capone’s Net Worth: A Closer Look Into Profession Life, Career,

Triad International Is a Company Based in The United States

Adnan Khashoggi net worth

The Triad International Holding Company, Which Khashoggi Owned, Was One of His Most Major Financial Ventures. It Was Founded in The Early 1960s And Has Since Grown To Include Properties in Five Continents, as well as A Variety of Subsidiary Firms Focused on Energy, Technology, and Financial Resources. Shopping Malls, Hotels, Oil Refineries, Banks, Construction Firms, a Gold Mine, Automobile Franchises, and The Nba Team Utah Jazz Were Among Triad International’s Interests. Khashoggi Controlled the Mount Kenya Safari Club, Also Known as Ol Pejeta Conservancy, as well as The $250 Million San Francisco Town Center East, the Oil Refinery Long Beach Edgington Oil, the Colorado Land & Cattle Company, and Sahuaro Petroleum in Phoenix, Arizona, Through Triad.

Khashoggi’s Triad Real Estate Holdings Included Private Properties in Beirut, Geneva, Cairo, Salt Lake City, Rome, Paris, and London, as well as A Multi-Story Penthouse in New York’s Olympic Buildings. Khashoggi Also Had a Fleet of Superyachts, Helicopters, and Private Planes, Including Three Boeing 727s.

Khashoggi Was Identified as A Middleman in The Arms-For-Hostages Transaction During the Iran-Contra Incident in The Mid-To-Late 1980s. He Had Borrowed Money for These Transactions Through the Bank of Credit and Commerce International, Which Was Backed by Both the Us and Saudi Arabia. Later, when Khashoggi Gave Millions of Dollars to Build a Sports Stadium at American University, He Sparked Controversy; as A Member of The School’s Board of Trustees, He Was Prosecuted on Fraud Charges in 1989.

Khashoggi Was a Well-Known Character in The Media During the Height of His Career, Appearing on A Number of Television Shows and On Significant Magazine Covers. He Appeared on Robin Leach’s American Television Show “lifestyles of The Rich and Famous” in 1985. He Made an Appearance in The British Television Series “after Dark” in 1991. He Featured on The Late-Night Talk Show with Lord Weidenfeld and Former Prime Minister Edward Heath, Among Others.

Personal Experiences

Khashoggi Married Sandra Daly, a 20-Year-Old Englishwoman Who Later Converted to Islam and Changed Her Name to Soraya. They Have One Daughter, Nabila, and Four Boys, Mohamed, Khalid, Hussein, and Omar, Who They Reared Together. in 1974, They Divorced. Khashoggi Married His Second Wife, Laura Biancolini, an Italian Woman He Met when She Was 17 Years Old, in 1978. Bianconi Converted to Islam as Well, Taking the Name Lamia, and Had a Son with Khashoggi, Ali. Khashoggi Married His Third and Final Wife, Shahpari Azam Zanganeh, in 1991, and They Were Married until 2014.

Khashoggi Died in 2017 at The Age of 81 While Receiving Treatment for Parkinson’s Illness at St Thomas’ Hospital in London.