Nationality Palestinian Role Industrialist Name Munib al-Masri | Spouse(s) Angela Masri Net worth US$ 5.0 billion (2013) | |
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Full Name Munib Rashid al-Masri Alma mater An-Najah National UniversityUniversity of Texas at Austin Occupation BusinessmanPhilanthropist Children Mai Masri, Mazen Masri, Omar Masri, Rabih Masri, Leith Masri, Dina Masri Grandchildren Nour Chamoun, Hana Chamoun Similar Bashar Masri, Mai Masri, Sabih al Masri | ||
The frost interview munib al masri the spring is coming
Munib Rashid al-Masri (Arabic: منيب المصري), also known as the "Duke of Nablus", and "the Godfather"(b. 1934), is a Palestinian industrialist, politician, and patriarch of the al-Masri family. He is currently serving as chairman of the Edgo Group, a multinational energy and engineering conglomerate, and of PADICO, a holding company which controls thirty-five companies spanning industries as diverse as telecommunications, construction, tourism, energy, banking and other finance, and agriculture. al-Masri is widely described as the world's richest Palestinian, with personal holdings that reportedly account for a third of the Palestinian economy.
Contents
- The frost interview munib al masri the spring is coming
- Munib al masri palestinian businessman and negotiator france 24
- Personal life
- Political career
- Peace efforts
- References
Relatives of his include his cousin, Arab Bank and Paltel chairman Sabih al-Masri, and nephews, developer Bashar Masri, and Jordanian former prime minister Taher al-Masri.
One of Yasser Arafat's closest friends and supporters, al-Masri has served as a minister in the cabinets of both the Palestinian National Authority and Jordan, and has on multiple occasions declined both the presidency and the prime ministership of Palestine, although he retains an elected seat in the Palestinian Legislative Council.
Munib al masri palestinian businessman and negotiator france 24
Personal life
al-Masri was born in Nablus in 1934. He attended the an-Najah National University and graduated from the University of Texas in the United States. He was involved in establishing the al-Quds University.
His wealth is rooted in the oil and gas business, but much of his investments fall under the Edgo Group, his holding company based in London which operates in contracting, industrial development, trading, distribution and representation, project development, operation and maintenance. al-Masri is also the head of the Padico investment holding group, which controls 35 companies that include telecommunications (such as the Jawal mobile operator), construction, tourism (the Intercontinental Hotel Group), energy, environment, banking, finance and agriculture.
Between 1998 and 2000 he built a house which he named Beit Falasteen or "House of Palestine", inspired by Andrea Palladio, near Nablus. He is married to Angela Masri and has four sons, Rabih, Mazen, Omar and Leith, and two daughters Mai Masri and Dina.
Political career
On 16 November 2007, al-Masri established a political movement named the Palestine Forum, positioning it as an alternative to Fatah and Hamas. He declined the opportunity to serve as prime minister on three separate occasions.
Peace efforts
al-Masri has stated that he has been working for the last 40 years to bring about a long lasting peace between Palestinians and Israelis. He would like to see an independent Palestine living in peace and harmony with Israel. al-Masri and high-level Israeli businessman high-tech entrepreneur Yossi Vardi unveiled the Breaking the Impasse Initiative at the World Economic Forum held at the Dead Sea in May 2013. The Forum was hosted by King Abdullah of Jordan and attended by John Kerry, Shimon Peres and Mahmoud Abbas. Breaking the Impasse initiatives goal is to encourage and support political leaders to work towards a two-state solution. al-Masri has stated that he will keep working towards achieving peace through the 2002 Arab Peace Initiative, which, like the Fez Initiative, offers Israel full recognition and normal relations with the Arabs in the context of comprehensive peace.