Nadhmi Auchi Net Worth is$2.4 Billion
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Profession: Businessperson
Date of Birth: Jun 11, 1937
A British Iraqi businessman, Nadhmi Shakir Auchi has a net worth of $2.4 billion. Nadhmi Auchi gained his net worth by being the founder and chairman of General Mediterranean Holding, a financial holding company in Luxembourg City, which has 120 companies world wide. Auchi was born in Baghdad where he went to school, and has many awards for the work his corporation does.
Nadhmi Shakir Auchi, KSS, GCFO (Arabic: ???? ?????; born 11 June 1937, Baghdad, Iraq), is a British Iraqi businessman and billionaire, founding president of the Anglo Arab Organisation, and the founder and chairman of General Mediterranean Holding (GMH), a conglomerate of 120 companies worldwide. As of 2011 his net worth was estimated by Forbes to be $1.8 billion, making him the 692nd richest person in the world.
Born in the Karadat Mariam area of Baghdad, Iraq in 1937, Auchi attended Al Mansoor Primary School and Baghdad College High School, before going on to study at Baghdad's Mustansiriyah University. He married his wife Ibtisam in 1963, and together they have 2 daughters, born in 1964 and 1972 respectively. In 1980, he and his family fled to London following an extortion attempt by an enforcer for Barzan Ibrahim al-Tikriti. Six years later, Auchi's younger brother Naseer was hanged by the Baathist regime after discovering the extent of al-Tikriti's corruption. Auchi became a British citizen in 1989 and currently resides in London. He and his wife are practising Muslims and have aimed to promote inter-faith dialogue, unity among Arab states, and to build bridges between the West and the Arab world through charitable and humanitarian work, for which Auchi has been recognised.
Auchi graduated with a B.Sc. in Economics and Political Science from the Mustansiriyah University, Baghdad, in 1967. He also worked with the Iraqi Ministry of Oil, becoming Director of Planning and Development in 1969. In 1979 he founded General Mediterranean Holding SA in Luxembourg. He was also Vice-Chair of the Kennedy School of Government at Harvard University from 1996 and 2000.
He has been president of the Anglo Arab Organisation (AAO), since its founding in 2002. The AAO is a private non-profit making organisation, promoting the integration of British Arabs into mainstream British society, whilst retaining their identity. AAO's achievements include donating money to families

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Nadhmi Auchi Latest News

Penniless refugees flee war to land on Rich List with £6bn

Then there is the billionaire financier Nadhmi Auchi, 80, who endured two spells in Iraqi prisons where he was beaten and tortured. John Christodoulou, a low-profile property entrepreneur whose family fled Cyprus after the Turkish invasion of 1974 ...
Posted: May 5, 2018, 4:13 pm

Court throws road bump in front of proposed South Loop development

The ruling Monday against Nadhmi Auchi and his company, General Mediterranean Holding, throws a potential road bump in front of the proposed development of the 62-acre parcel of land connecting the South Loop and Chinatown, hailed last month as a ...
Posted: June 20, 2016, 6:05 pm

Chicago's next great park? Hardly

Namely, that the property is privately owned by General Mediterranean Holding SA, a general contracting company headed by Iraqi-British billionaire Nadhmi Auchi. The Luxembourg-based conglomerate purchased it from businessman Antoin "Tony" Rezko for $131 ...
Posted: May 21, 2018, 4:04 am
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