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23 October 2012

Five things you didn’t know about Saad Hariri

Profile: Syria’s richest foe.

By Oliver Williams

A bomb blast in central Beirut and the assassination of Wissam al-Hassan have stirred things up in Lebanon. Countrywide anti government protests, next year’s forthcoming elections and a national fear of what Syria’s regime might plot next have put the spotlight on Lebanon’s opposition Future Movement. But the Movement’s fiery leader has more reason than most to fear violence in Syria. Here are five things you may not have known about Saad Hariri:

  1. His father Rafiq Hariri, who was Prime Minister of Lebanon for a total of 10 years, was assassinated in a similar explosion on 14th February 2005. A UN Special Tribunal named four Hezbollah leaders responsible for the attack. Saad maintains that the members were under orders from President Assad of Syria.
  2. Saad’s own term as Prime Minister ended in 2011 when Hezbollah members of his coalition government resigned over his endorsement of the tribunal’s verdict.
  3. Formally a businessman, Saad Hariri is worth $2 bn. Collectively, the Hariri family is worth about $9.6 bn making them one the wealthiest families of the Middle East. Their riches come from Saudi Oger, a family construction company that rode the petrodollar boom in Saudi Arabia. Another company, Solidere, has rebuilt most of the war battered downtown Beirut.
  4. Jacques Chirac is a close friend and, since stepping down as French President, has lived in a Paris apartment owned by the family.
  5. Evidently fearful of further assassinations, most of the Hariri family live abroad. His many siblings and half-siblings live in elaborate Parisian apartments or palatial Saudi homes. Saad himself spends most of his life in Saudi Arabia, where he has moved his wife and two sons.
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