Beating King Abdullah of Saudi Arabia ten times over, and Carlos Slim three times over, the latest information released on Muammar Gaddafi placed him as the richest man in the world. With over $200 billion worth of wealth distributed amongst banks, real estate and corporate investments around the world, senior Libyan officials state this figure is true through a LA Times article.
Where did all this money come from? Well Gaddafi had exclusive influence and personal control over the largest oil reserves in Africa for the past 41 years. He did not invest his assets in national infrastructures such as, hospitals or educational institutions like the other oil-rich leaders around. Any expense he did make was on purchasing the support of various African leaders.
The rest of his money was kept safe in government institutions like the Central Bank of Libya and the Libyan Investment Authority. Gaddafi had complete access over these accounts and would use the money whenever the need arose.
World Leaders Pay Homage To The Don
Gaddafi and former Soviet President Brezhnev
Gaddafi and French President Nicolas Sarkozy
Gaddafi and Cuban Prime Minister, Fidel Castro
Gaddafi and former Egyptian President, Hosni Mubarak
Gaddafi and Former British Prime Minister, Tony Blair
Gaddafi and Italian Prime Minister, Silvio Berlusconi
Gaddafi and US President, Barack Obama
But in the end…
…You can’t take it with you. Especially when they are dragging you through the streets with a bullet in your head.
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