Bassam Alghanim Net Worth is$1.6 Billion
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Net Worth: View Alghanim Industries Net Worth

What is Bassam Alghanim's net worth? Bassam Alghanim's net worth is $1.6 billion dollars which makes him the richest person in Kuwait. Born in Kuwait, Bassam Alghanim, and his brother Kutayba, both benefited from the company started by their father, Alghanim Industries. The multinational conglomerate operates in forty countries. It has grown exponentially over the years, as it has partnered with such companies as General Motors, Xerox, American Express, Whirlpool, British Airways, and Hitachi, among other corporations. Bassam Alghanim ran the company throughout the 70s, 80s, and 90s. Recently, Bassam and his brother have been involved in a lengthy court battle over the division of assets associated with the company. Bassam Alghanim is spends part of his time living in Los Angeles, and the case recently took a nasty turn, when he sued his brother and nephew for hacking into his email and reading about his personal affairs. It was revealed that this did in fact occur, and the case has now moved to the Kuwaiti court system.

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Bassam Alghanim Latest News

Alghanim v. Alghanim et al

Ali in Opposition re: 49 Notice (Other), Notice (Other), Notice (Other). Document filed by Bassam Y. Alghanim. (Gardiner, John) March 23, 2011 54 DECLARATION of Meshari Al Osaimi in Opposition re: 49 Notice (Other), Notice (Other), Notice (Other).
Posted: September 21, 2009, 5:00 pm

First Gulf Billionaire Credit Crunched

Thought the Middle East's oil fortune would help its billionaires withstand the economic downturn? Nope. Kuwaiti banker Bassam Alghanim became the first Gulf financier to fall victim to the credit crisis after suffering $800 million in losses on bad ...
Posted: October 29, 2008, 6:58 am

Kuwaitis among world’s richest

Three other Kuwaitis also made the billionaires list with Mohammed Al-Bahar having a net worth of $1.2 billion in 601st place followed by Bassam Alghanim and Kutayba Alghanim jointly in 647th place and a net worth of $1.1 billion each
Posted: March 11, 2010, 4:00 pm

Ranking of world's billionaires by Forbes

Abdulla Al Futtaim, United Arab Emirates, $1.4, auto dealers, investments 562. Bassam Alghanim, Kuwait, $1.4, finance 562. Kutayba Alghanim, Kuwait, 49, $1.4, diversified 562. John Anderson, California, 88, $1.4, investments 562. George Argyros ...
Posted: March 8, 2006, 4:00 pm

Hackers-for-Hire Are Easy to Find

Sitting in his Los Angeles home, Kuwaiti billionaire Bassam Alghanim received an alarming call from a business associate: Hundreds of his personal emails were posted online for anyone to see. Mr. Alghanim checked and found it to be true, according to a ...
Posted: January 22, 2012, 9:01 pm
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