Bashar Al-Assad Net Worth

June 2024 · 3 minute read

Table of Contents

Bashar al-Assad Net Worth and Financial Profile

CategoryInformation
Net Worth$1.5 billion
SalaryN/A
BirthdateSeptember 11, 1965
BirthplaceDamascus, Syria
GenderMale
HeightN/A
ProfessionSyrian President, Politician, Former Doctor
NationalitySyrian

What is Bashar al-Assad’s Net Worth?

Bashar al-Assad, the current President of Syria and Regional Secretary of the Ba’ath Party, has an estimated net worth of $1.5 billion. However, this figure only represents his personal wealth, and the total value of his family wealth is believed to be significantly higher, ranging from $60 billion to $120 billion. The al-Assad family is reported to control 60-75% of the Syrian economy, allowing them to accumulate extensive assets, including real estate, natural resources, art, jewelry, and more.

Highlights

– Bashar al-Assad’s net worth is estimated at $1.5 billion, with his family’s total wealth potentially ranging from $60 billion to $120 billion.
– He has been the President of Syria since 2000, following the death of his father, Hafez al-Assad.
– Bashar al-Assad is known for leading his country through the Syrian Civil War, which has resulted in numerous human rights violations and extreme poverty in the nation.
– His presidency has been characterized by corruption and involvement in war crimes, including systematic torture and the use of chemical weapons.

Early Life

Bashar al-Assad was born on September 11, 1965, in Damascus, Syria. He is the third child of Anisa and Hafez al-Assad, with five siblings in total. Assad’s education began at the Arab-French al-Hurriya School, and he later attended Damascus University to study medicine.

Career

After graduating from medical school in 1988, Bashar al-Assad served as an army doctor at the Tishrin Military Hospital near Damascus. He then pursued further training in ophthalmology at the Western Eye Hospital in London. Subsequently, Assad joined the Syrian Army.

Following the death of his older brother Bassel in 1994, Bashar al-Assad became the new heir apparent to the Syrian presidency. His father groomed him for the transfer of power and had him enter the military to establish his credentials. Assad’s ascendance was marked by a campaign against corruption, targeting potential political rivals and manipulating his image through the Syrian Computer Society.

Personal Life

Shortly after assuming the presidency in 2000, Bashar al-Assad married Asma Akhras, a British-Syrian. They have three children together named Hafez, Zein, and Karim. Assad is fluent in English and possesses conversational skills in French.

Net Worth Over Time

While Bashar al-Assad inherited a significant amount of family wealth, his personal net worth is estimated at $1.5 billion. The accumulation of the family’s total wealth is believed to have occurred over time, primarily through their control of the Syrian economy and various investments.

Components of Net Worth

The al-Assad family’s net worth is attributed to their ownership and control of various assets, including:

– Extensive real estate holdings
– Natural resource investments
– Art collections
– Jewelry and luxury assets
– Other diverse investments and business endeavors

In conclusion, Bashar al-Assad, the President of Syria, has a personal net worth of $1.5 billion, while the total value of his family’s wealth is estimated to be significantly higher. Their control over the Syrian economy and various investments has allowed them to amass vast riches. However, it’s important to note that Assad’s presidency has been marked by allegations of corruption, human rights violations, and engagement in war crimes.

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