Taha Mikati Net Worth is$3.5 Billion
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Taha Mikati net worth: Taha Mikati is a Lebanese billionaire who has a net worth of $3.5 billion. Together with his brother, Lebanese Prime Minister Najib Mikati, Taha founded telecommunication provider Investcom at the height of Lebanon's civil war in the 1980s. After IPOs in London and Dubai, they sold their company to South Africa's MTN Group for $5.5 billion in 2006, but the Mikati has still remained MTN's second-largest shareholder ever since. Also, Taha Mikati co-founded M1 Group, a holding company led by his son Azmi, a Columbia University engineering graduate. The M1 Group has a great variety investments in various industries including real estate, jet leasing, fashion; holding shares in notable companies like the classy fashion line Faconnable, the largest Lebanon's bank Audi or UK's supermarket chain J Sainsbury. Reportedly, the Mikatis hired British architect Norman Foster to redesign their headquarters in the country's capital Beirut.

Taha Mikati Latest News

Najib Mikati, a Forbes billionaire, Lebanon's PM

He ties for rank 374 on the Forbes list of billionaires with his brother and business partner Taha. Born on November 24, 1955, Mikati is a graduate of the American University of Beirut's business school and also studied at the prestigious universities of ...
Posted: January 25, 2011, 5:30 am

Investcom shares surge with IPO

The IPO allows Taha Mikati, founder and chairman of Investcom, and Nagib Mikati, a former prime minister of Lebanon, to reduce their stakes. Analysts say the company is capitalizing on high oil prices and buoyant Middle Eastern stock markets, which have ...
Posted: October 5, 2005, 6:00 pm

Profile: Najib Mikati

Najib Mikati ... brother Taha. They initially focused on the construction industry, but in 1982 - at the height of Lebanon's civil war - saw an opportunity in the emerging telecommunications market and set up Investcom. Image caption Mr Mikati's political ...
Posted: January 24, 2011, 4:00 pm

Lebanon's M1 Group close to buying Pepe Jeans - sources

It was established in 2007 by former Lebanese Prime Minister Najib Mikati and his brother Taha Mikati, who also founded telecom operator Investcom. M1’s fashion portfolio includes French high-end tailor Façonnable which was acquired for $210 million in ...
Posted: February 5, 2015, 4:00 pm

Toys Grow Up: LittleBits Picks Up $3.65M, PCH Deal To Build Out Its Open-Source Hardware Vision

(Other investors in littleBits’ seed round included Nicholas Negroponte, the founder of the MIT Media Lab and of the One Laptop per Child Association, as well as Taha Mikati, Fadi Ghandour, Josh Spear, Jason Port, Joanne Wilson and Salah Chamma.)
Posted: July 18, 2012, 4:06 am
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