Bakr bin Laden
Bakr bin Laden بكر بن لادن | |
|---|---|
| Born | Bake bin Mohammed bin 'Awad bin Laden 1946 (age 74–75) |
| Citizenship | Saudi Arabia |
| Known for | Chairman of Saudi Binladin Group |
| Parent(s) |
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Bakr bin Mohammed bin 'Awad bin Laden (Arabic: بكر بن محمد بن عوض بن لادن; born 1946) is the former chairman of the Jeddah-based Saudi Binladin Group and the former largest shareholder in the Group, with a 23.58% holding.[1] He is the son of the family's patriarch − Mohammed bin Awad bin Laden − and a half-brother of Osama bin Laden.
Career[]
Despite the region’s small construction sector, he has managed to expand the business. In March,[year needed] the firm joined together with Qatari Diar to launch a joint venture holding company, which is expected to have a massive capital base. The new venture will have two umbrella firms, one of which will carry out mega contracting and construction works in Qatar and the rest of the world. It is also currently working on a $994.6m contract to design and build 30 parcels in King Abdullah Financial District, Saudi Arabia.[2]
In April 2018, Bakr transferred his stake in the Saudi Binladin Group to the government of Saudi Arabia.[3]
Arrest[]
On 4 November 2017, Bakr bin Laden was arrested in Saudi Arabia in a "corruption crackdown" conducted by a new royal anti-corruption committee and detained without trial.[4][5][6] Bakr was initially detained at The Ritz-Carlton, Riyadh[3] and later held in a publicly-unknown location.[5] The Saudi government also seized the deed to a villa owned by Bakr overlooking the Red Sea.[5]
In January 2019 the kingdom quietly released Bakr bin Laden together with several other prominent detainees. Among those reportedly released were Mohammed al-Amoudi, a businessman who owns much of Ethiopia and Amr Dabbagh, a former government minister who once led the Saudi Arabian General Investment Authority, which aims to attract foreign investment. The move came amid unprecedented global pressure of the kingdom and Crown Prince Mohammed bin Salman after the assassination of Jamal Khashoggi by Saudi agents at the country’s consulate in Istanbul.[7][8]
Education[]
Bakr bin Laden attended college at the University of Miami in Coral Gables, Florida, United States in 1979.[citation needed]
See also[]
References[]
- ^ "Saudi Binladin Group". Zawya.
- ^ "Arabian Business".
- ^ Jump up to: a b Katie Paul; Tom Arnold; Marwa Ashad; Stephen Kalin (27 September 2018). "Special Report: As a Saudi prince rose, the Bin Laden business empire crumbled". Reuters.
- ^ "KO SU BOGATI SAUDIJCI UHAPŠENI ZBOG KORUPCIJE? Teški su na desetine milijardi dolara, a među njima je i BRAT OSAME BIN LADENA". Blic. 5 November 2017. Retrieved 6 November 2017.
- ^ Jump up to: a b c John Melloy (6 November 2017). "There may be a 'Game of Thrones' in Saudi Arabia now and that has big implications for oil". CNBC. Retrieved 6 November 2017.
- ^ "Saudi Arabia princes detained, ministers dismissed". www.aljazeera.com.
- ^ David D. Kirkpatrick (31 January 2019). "Saudis End Purge That Began With Hundreds Locked in the Ritz-Carlton". The New York Times.
- ^ "One of the Mideast's Richest Men Is Among Freed Saudi Detainees". Bloomberg. 27 January 2019.
External links[]
- History Commons: Bakr Mohammed bin Laden Archived 2020-04-29 at the Wayback Machine
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- 20th-century Saudi Arabian businesspeople
- 21st-century Saudi Arabian businesspeople
- 1946 births
- Bin Laden family
- Living people
- Saudi Arabian billionaires
- University of Miami alumni
- People named in the Paradise Papers