Career & Net Worth Of Muammar Gaddafi

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Career & Net Worth Of Muammar Gaddafi

Muammar Muhammad Abu Minyar al-Gaddafi, commonly known as Colonel Gaddafi, was a Libyan revolutionary, politician and political theorist.

Early Life

It is believed that Gaddafi was born Muammar Muhammad Abu Minyar al-Gaddafi circa 1942 near Sirte, Italian Libya. He was born into a poor Bedouin family and he became an Arab nationalist while still attending school in Sabha. Later, he enrolled in the Royal Military Academy in Benghazi. While in the military, Gaddafi founded his own revolutionary group, a group which deposed the then Western-backed Senussi monarchy of Idris, which culminated in a coup that took place in 1969.

Education & Politics

Gaddafi had a foundational education that was religious in nature and imparted by local Islamic educators.

Gaddafi was a prolific scholar, progressing through six grades in just four years. In his school years, Gaddafi was often bullied and picked on due to his Bedouin roots. However, he remained proud of his heritage and unshakeable in his beliefs, inspiring pride in other Bedouin learners/children. Gaddafi was early friends with Abdessalam Jalloud, who would go on to become Prime Minister of Libya from 1972-1977.

Death

During the 2011 Arab Spring there were intense protests that occurred against what was believed to be widespread corruption, not to mention the fact that intense unemployment was running rampant throughout eastern Libya. Civil war came as a result. NATO saw it fit to intervene militarily, siding with the anti-Gaddafist NTC (National Transitional Council). As a result, the government in power was overthrown. In response, Gaddafi retreated to Sirte, where he would be captured and subsequently killed by NTC militants.

Wealth

Evidence is now pointing to Gaddafi having a vast hidden fortune of assets in bank accounts, real estate and investments around the world. His personal control over Libya's vast oil fields are believed to be the primary contributor to his wealth. It's possible that Gaddafi was worth as much as $200 billion at the time of his death. This would have made him the richest person on the planet — by a long shot.

Net Worth

Muammar Gaddafi (Muammar Abu Minyar al-Gaddafi) is the former president of Libya, and, at a certain point in his life, it is believed that Muammar Gaddafi possessed a net worth of $70 billion. If this information is accurate, this would have made him one of the wealthiest people on the planet.