Net Worth: | $100 million |
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Date of Birth: | March 10, 1957 - May 2, 2011 (54 years old) |
Gender: | Male |
Profession: | Engineer, Businessperson |
Nationality: | Saudi Arabia |
What is Osama Bin Laden’s net worth? How does Osama Bin Laden make his money? Below is the current net worth of Osama Bin Laden and how Osama Bin Laden makes his money.
What is Osama Bin Laden’s Net Worth?
Osama bin Laden was a Saudi Arabian terrorist leader who had a net worth of $100 million before his demise. Osama bin Laden originally established al-Qaeda, the notorious Islamic terrorist group responsible for the 1998 embassy bombings and the September 11th attacks.
As of this writing, the joint wealth of the Bin Laden family is approximately $10 billion.
Mohammed bin Laden, Osama’s father, was born into an abject family but afterward launched a construction company that earned contracts worth hundreds of billions of dollars, predominantly from the Saudi Royal family.
Mohammed bin Laden was a billionaire before his demise and he was the only Saudi Arabian to have acquired massive wealth which was evidently comparable to the wealth of the royal family members in Saudi Arabia. When he died in 1967, Osama bin Laden and his other siblings (individually) inherited $20-30 million from their father’s wealth, Which equates to approximately $160 million in today’s dollars.
Early Life
On March 10, 1957, Osama bin Mohammed bin Awad bin Laden was born in Riyadh, Saudi Arabia. His mother was Mohammed’s 11th wife. Soon after Osama was born, his parents divorced. Mohammed, Osama’s father had a total number of 52 children and 23 wives.
Osama grew up as a devout Sunni Muslim and attended King Abdulaziz University to study economics and business administration. There are contradictory findings as to which degree he received from the college. Osama bin Laden then went to Oxford to study English in the early 1970s.
After graduating from college in 1979, Osama bin Laden became involved in Afghanistan’s insurgent resistance against the colonizing Soviet forces. He helped smuggle munitions to overthrow the Soviets.
By 1988, bin Laden established a terrorist gang which was known as ”al-Qaeda.” This caused him to clash with the US, Osama was ejected from Saudi Arabia in 1991. He then established his militant camp in Sudan but was ultimately forced to leave by the US. He took a flight to Afghanistan, abandoning behind a vast business empire in Sudan worth between $30 million and $300 million.
Bin Laden and al-Qaeda officially proclaimed war against the United States in 1996 and began planning major, lethal attacks. He allegedly funded the Luxor massacre, which killed 62 Egyptian civilians in 1997.
He planned a series of multiple attacks on US embassies in Dar es Salaam, Tanzania, and Nairobi the following year. Hundreds of people were killed in truck bomb attacks.
Bounty
After the 1998 US embassy bombings, Osama bin Laden was placed on the FBI’s list of Ten Most Wanted Fugitives and Most Wanted Terrorists, and the FBI placed a bounty worth $25 million on him.
Demise
In 2011, the Obama administration reported that a special forces team had successfully found and killed Osama bin Laden in a raid on a Pakistani compound.
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