Rami Makhlouf

Quick Facts

Full Name	Rami Makhlouf
Occupation	Businessperson
Date Of Birth	Jul 10, 1969(1969-07-10)
Age	55
Birthplace	Damascus
Country	Syria
Birth City	Damascus Governorate
Horoscope	Cancer

Rami Makhlouf Biography

Rami Makhlouf is one of the most popular and richest Businessperson who was born on July 10, 1969 in Damascus, Damascus Governorate, Syria. Rami Makhlouf has a connection to the Assad family via his aunt Anisa Makhlouf who was the wife and late president of Syria, Hafez al-Assad. In 2008, his personal wealth was about $6 billion. He was born 10 July 1969.

Rami Makhlouf, who is believed to have attempted to seize the Mercedes concession in Syria in 2004, by passing a law that denied Mercedes the right to import parts. Mercedes wanted to retain the Sankar family who held the concession since the 1960s. Mercedes stopped all activity in Syria, until the dispute was settled. The Sankar family now controls the Mercedes concession.

He applied but failed to obtain the Austrian citizenship from 2009 to 2011. In the meantime, he held Cypriot citizenship from 2010 to 2011, which was revoked when the civil war broke out in Syria.

On 16 June 2011, Makhlouf stated that he would “quit the Syrian business scene”. Syria Files examined by Al Akhbar showed that Makhlouf continued to invest in several banks during 2011 and 2012. In late January 2012, he bought about 15 times as many shares (by value) as he sold, buying £S 127,000,000 and selling £S 8,670,000 of shares, mostly in Qatar National Bank–Syria and Syria International Islamic Bank.

Rebels saw Rami Makhlouf as a symbol for corruption in Syria. Demonstrators called him a “thief” in Daraa during Syria’s Civil War. Riad Seif, a Syrian dissident, was imprisoned several years for his criticisms of Rami Makhlouf. Seif, who was a member in parliament, was known for his harsh criticisms of the government of Syria during the Damascus Spring 2001. Seif launched an anticorruption campaign against the way two GSM mobile phones licenses were given, one to Maklouf’s Syriatel, despite numerous warnings by the Syrian government not too interfere. Seif was immediately stripped of his parliamentary immunity, and was imprisoned for five year. The Commission of Inquiry on Syria Arab Republic of the United Nations, established in 2011, has documented mass arrests by the regime forces that led to the forced disappearance of large numbers of combat-age men.

Rami Makhlouf Net Worth

Rami Makhlouf is one of the richest Businessperson from Syria. According to our analysis, Wikipedia, Forbes & Business Insider, Rami Makhlouf 's net worth $5 Million. (Last Update: December 11, 2023)

Rami Makhlouf, Arabic: rmy mkhlwf – born 10 July 1969 in Syria) is a Syrian businessman who is the maternal cousin to President Bashar al Assad. He is Syria’s richest man and the most powerful man in Syria. According to Syrian analysts, he is part al-Assad’s inner circle. No foreign company can do business with Syria without his permission and partnership. Makhlouf is the owner of Syriatel, Syria’s largest mobile phone network, as well as other real estate and banking companies.

Makhlouf was one of a number of connected insiders that dominated the small but growing private sector in Syria during the 1990s. The Makhloufs began to dominate the distribution of assets after privatization as President Hafez al- Assad prepared his son for succession. Assad believed that the Makhloufs could support Bashar in an uncertain political environment. This was contrary to other insiders who had financial ties with billionaire Lebanese Prime Min Rafiq Hariri (ex-Syrian Vice President Abdul Halim Khaddam). Rami and Ihab had easy access to many opportunities, including an exclusive license to run a network of duty free retail shops where a large portion of the goods were redistributed within the country. Rami Makhlouf had been well-established by the time Bashar took power in 2000.

Makhlouf maintains a close relationship with Bushra al-Assad, Bashar’s older sister, and her husband Assef Shawkat. He also operates a number of business projects in Lebanon with Maher al-Assad, Bashar’s younger brother. There are reports of tensions between the two, which is thought to explain why parts of the Makhlouf business were shifted in 2005 to Dubai. Some observers believe the transfers were made because the Makhloufs were worried that they were going to be made the scapegoats of an anti-corruption propaganda campaign.

Height, Weight & Body Measurements

Rami Makhlouf height Not available right now. Rami weight Not Known & body measurements will update soon.

Who is Rami Makhlouf Dating?

According to our records, Rami Makhlouf married to Razan Othman. As of December 1, 2023, Rami Makhlouf’s is not dating anyone.

Relationships Record : We have no records of past relationships for Rami Makhlouf. You may help us to build the dating records for Rami Makhlouf!

Makhlouf was able to continue unimpeded operations through the shell companies, since neither jurisdiction fell under US law; however the EU sanctions did affect the companies in the British Virgin Islands. HSBC told the law firm that the Swiss authorities had frozen Makhlouf’s accounts, and that “they have had no contact with the beneficial owner of this company since the last 3 months”. The Swiss Federal Administrative Court in 2015 rejected an appeal of the block on his use of an undisclosed sum in his Swiss accounts.

Facts & Trivia

Rami Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Syria. Rami Makhlouf celebrates birthday on July 10 of every year.

Makhlouf’s current business interests are extensive, which include business interests in Syria’s oil and gas industries, banking, construction and duty- free shops. He is the majority owner of Cham Holding which has investments in luxury tourism, restaurants, and real estate through Bena Properties. Cham Holding also controls Syrian Pearl Airlines, the first private airline to be allowed in the country. He is also invested in several private banks established in Syria, such as the International Islamic Bank of Syria, Al Baraka Bank, International Bank of Qatar, Cham Bank, and the Bank of Jordan in Syria; in insurance and financial services companies, such as Cham Capital. Like his father, Mohammad Makhlouf, he is active in the oil sector, via the British oil company Gulfsands Petroleum. He is also invested in real estate companies such as Sourouh, Fajr, Al Batra, and Al Hada’iq; in tourism companies such as Al Mada’in and in media companies such as the daily Al Watan, radio/television station Ninar and satellite station Dunya TV, advertising companies like Promedia; in education companies such as the Chouwayfat schools; in industry through the Eltel Middle East company; and in public works companies such as Ramak TP. Rami Makhlouf has extensive land holdings in the United States Virgin Islands, which were the subject of court litigation. Because of this litigation he transferred his U.S. holdings to his brother Ihab. The Makhloufs also have a monopoly on the import of tobacco into Syria. In 2008, the U.S. Treasury Department froze the U.S. assets and restricted the financial transactions of Rami Makhluf.