Taha Mikati
Telecom

Taha Mikati Net Worth

1 year from now

Taha Mikati is a Lebanese businessman who co-founded Investcom with his brother, former Lebanese Prime Minister Najib Mikati, during Lebanon's civil war in the 1980s. The company was later sold to MTN Group of South Africa for $3.6 billion in cash and stock, and the brothers still own just under 10% of MTN. Through their holding company, M1, Mikati's son Azmi runs the day-to-day business and the family has investments in real estate and apparel company Faconnable, as well as a stake in U.K. supermarket chain J Sainsbury.
Taha Mikati is a member of Telecom

Age, Biography and Wiki

Birth Place Beirut, Lebanon, Lebanon
Occupation Co-founder of Investcom, founder and chairman of M1 Group

💰 Net worth: $2.8 Billion (2024)

Taha Mikati, also known as Telecom in Lebanon, is a prominent figure with a captivating net worth estimated to reach a staggering $2.8 billion by 2024. His inclusion in the elite league of billionaires is a testament to his entrepreneurial prowess in the telecommunications sector. Mikati has played a key role in revolutionizing the telecom industry in Lebanon, leaving an indelible mark on the nation's infrastructure. His business acumen and strategic decisions have propelled his success, earning him the admiration and respect of both colleagues and competitors alike. With such a remarkable net worth, Mikati remains an influential force in the world of telecommunications, poised to continue making significant contributions to the industry's growth and future development.

2009 $2 Billion
2010 $2.5 Billion
2011 $2.8 Billion
2012 $3 Billion
2013 $3.5 Billion
2014 $3.1 Billion
2015 $3.3 Billion
2016 $2.5 Billion
2017 $2.6 Billion
2018 $2.79 Billion

Biography/Timeline

1979

In 1979, he founded Arabian Construction Company (ACC), headquartered in Abu Dhabi, and one of the largest construction companies in the Middle East. Together with his brother Najib, Taha Mikati founded the Lebanese Telecom operator Investcom in the 1980s.

Tags Lebanese billionaires Lebanese businesspeople Lebanese Sunni Muslims Living people People from Tripoli, Lebanon Lebanese people stubs Asian business biography stubs

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.