Riad salameh net worth
Hem / Ekonomi & Finanser / Riad salameh net worth
In addition to Riad, there were 3 siblings in the Salameh household: Mona, Ramzi, and Raja.
Riad’s father Toufic owned “Cedars Hotel” in Broummana, and his mother Raniah was a well-known charitable activist and Lebanese Red Cross member during her life in Lebanon, where she was murdered in 1982.
But because his parents were also immigrants and lived in Liberia, Salameh barely saw them throughout his childhood and teenage years in Lebanon.
His mother and father only rarely visited their home country while Salameh was growing up, and this only changed after he had turned 18.
However, his career as a financier extends way before he took hold of the Lebanese pound; here’s his story.
Riad Toufic Salameh was born in 1950 in Antelias to a family line of successful business people who had immigrated to Liberia long ago.
Over the course of his career at Merill Lynch, Riad would work at different offices in Beirut and Paris.
His reputation as a prominent figure in investment management caught the attention of the late Prime Minister Rafic Hariri, who wanted to invest with Salameh.
After meeting and doing business with the financier, the late Prime Minister grew to admire him, which is what ultimately led him to name Salameh for the position of Governor of Banque du Liban, in 1993.
Since he began working at the central bank that year, Riad Salameh has received several regional and international awards and was ranked among the best central bank governors in the world.
After his first 6-year term ended in 1999, he was reappointed for the position 4 consecutive times.
When is Riad Salameh's birthday?
Riad Salameh Full name: Riad Toufic Salame
How about Riad Salameh's nationality? stock traders at Merill.
Riad Salameh swiftly climbed the ranks of the company, of which he became an executive manager in 1973, before becoming its Vice-President and Financial Advisor later on.
He was remarkably proficient at his job, and, very quickly, became one of the most popular non-U.S.
The debate about his role in the crisis, and whether he should – or can – be discharged, continues in Lebanon, as speculations surface about the likelihood of having him step down from his position as Governor, after an almost 3 decade-long reign.
How about Riad Salameh's presid?
With the absence of his parents, Salameh was raised in his grandfather’s house in Antelias, where his Aunt supervised and helped him with his education.
Riad Salameh spent his pre-university educational years in the famous Collège Notre-Dame de Jamhour, where he was reportedly an average student with unexceptional grades.
After graduating from school, he went on to study at the American University of Beirut (AUB), from which he later graduated with a BA in Economics.
What's Riad Salameh's age? The latest of his terms began in 2017 and should end in 2023.
In addition to being the Governor of Banque du Liban and the chairman of its Central Council, Riad Salameh also chairs the Higher Banking Commission, the Capital Markets Authority, and other commissions.
ALBAWABA - Following a series of international arrest warrants, Lebanese authorities announced the detention of former Bank of Lebanon governor Riad Salameh.
Salameh has been charged with several financial offenses, including money laundering, embezzlement, and unlawful enrichment, where he denies any misconduct.
In his final months as governor, Germany filed an arrest order for him on corruption allegations.
In May 2023, Interpol issued a red notice against Riad Salameh, the 72-year-old Bank of Lebanon Governor, after France issued its arrest warrant against Salameh.
Bassam Mawlawi, then the country's acting Minister of Interior and Municipalities, told Reuters that Salameh would be complying with red notice in case the judiciary instructed him to do so.
Five foreign investigations were being carried out against Salameh at the time, regarding corruption charges.
During his years at AUB, Salameh met his to-be wife, Nada Karam who became a published author. Where did Riad Salameh grow up from?
Riad Salameh Previous position: Governor of Bank of Lebanon (19932023)
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Ex-bank chief at centre of Lebanon’s financial crisis arrested for fraud
The French warrant came as part of France's investigation into Salameh's millions of dollars worth of embezzlement of allegations.
Considered one of Lebanon's political elite, Salameh has been, for years, slammed with allegations of money laundering and illicit enrichment with authorities, with almost 30 serving as the Bank of Lebanon governor.
Salameh's net worth has always been in question, as he has been accused of using ill-gotten ways to accumulate it.