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

Credit Crisis Claims First Gulf Billionaire

No more. Kuwaiti banking billionaire Bassam Alghanim became the first visible Gulf casualty Tuesday, when he resigned as chairman of Gulf Bank, Kuwait s second-largest lender. At issue: an estimated $800 million in losses the bank incurred as a result of ...
Posted: October 29, 2008, 2:55 am

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 23, 2012, 1:30 pm

Kuwait tycoon claims brother paid hackers to leak emails

Los Angeles-based Bassam Alghanim has filed court papers in the UK and US that allege his brother, Kutayba Alghanim, and nephew stole thousands of pages of emails over more than a year, the Wall Street Journal said. “[My client] was horrified to discover ...
Posted: January 24, 2012, 3:06 am
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