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

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 pm

JAC motors announces special offer in Kuwait

Customers will also receive after-sales service with a dedicated service centre by Ali Alghanim and Sons Automotive. Bassam Zantout, commercial and operations director for TSC, said: “The Sultan Centre is pleased to partner with Ali Alghanim and Sons ...
Posted: January 8, 2015, 4:00 am

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
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