Rafik Hariri
ImageRafik Bahaa Edine Hariri (November 1, 1944 - February 14, 2005), married to 
Nazek Audi Hariri, was a Lebanese self-made billionaire and business tycoon,
and was five times Prime Minister of Lebanon (1992-1998 and 2000-2004),
before his last resignation from office on October 20, 2004.

The late Rafik Hariri was assassinated on February 14, 2005 when explosives
equivalent to around 300 kg of C4 were detonated as his motorcade drove past
the Saint George Hotel in the Lebanese capital, Beirut.

Youth, Studies and Business Career


Born to a Sunni Muslim family of modest means in the Lebanese port city of
Sidon, Hariri attended elementary and secondary school in his city and
pursued his business administration studies at the Beirut Arab University.

After training as a teacher he left Lebanon, in 1965, to work in Saudi
Arabia for a construction company.

In 1969, Hariri established his own construction company CICONEST, which
benefited greatly from the oil price boom of the 1970s, accumulating vast
amounts of wealth in a short period of time, Hariri emerged to become a
powerful construction tycoon.

Somewhat later, in 1978, Hariri became a citizen of Saudi Arabia as a reward
from the Saudi royal family for the high quality of his entrepreneurial
services, and became the kingdom's emissary to Lebanon. Hariri then went on
to become Saudi Arabia's leading entrepreneur, acquiring Oger in 1979, and
founding Oger International, based in Paris.

His interests extended across banking, real estate, oil, industry and
telecommunications.

Links with Lebanon


In 1982, he donated $12 million to Lebanese victims of Israel's invasion and
helped clean up Beirut streets with his own money.

He also participated in organizing and financing the Taif Accord in 1989,
which put an end to the civil war.

In 1993, he founded a television station, Future TV, in Beirut, and
purchased stakes in several Lebanese newspapers. He founded his own
newspaper al-Mustaqbal (The Future).

The former Prime Minister was also the biggest shareholder in Solidere, the
joint-stock company that almost single handedly transformed and revived
central Beirut following the Lebanese civil war.

Political Career


Hariri returned to Lebanon in 1992 as prime minister. He put the country
back on the financial map through the issuing of Eurobonds and won plaudits
from the World Bank for his plan to borrow reconstruction money.

Hariri served as Prime Minister of Lebanon from 1992 to 1998, then again
from 2000 until late 2004.

Amid the extension of President Emile Lahoud's term, Hariri resigned as
Prime Minister.

On February 14, 2005 Hariri was assassinated, along with at least 16 others,
when explosives equivalent to around 300 kg of C4 were detonated as his
motorcade drove near the Saint George Hotel in Beirut. The International
Community along with the Lebanese people are exerting much pressure in all
directions, pushing the Lebanese Government to undertake a proper
investigation of the assassination by qualified neutral International
parties.

Hariri's contributions were numerous. Among the most notable is the fact
that he educated 32,000 Lebanese students inside and outside of Lebanon, and
spent millions of dollars of his own personal money to redefine the face of
social hierarchies in Lebanon. His education plan made possible the creation
of equal economic classes in Lebanon. He donated a great deal of money to
people, and invested in Lebanon when no one was interested in doing so. He
worked towards unity of the different religious and ethnic groups and
rebuilding.

Hariri was well regarded among international leaders counting French
President Jacques Chirac as a close friend, enjoying the envied record of
being the political figure most often received by the French President.

Fortune


By the 1980s, Hariri entered the Forbes top 100. Forbes estimated at $3.8
billion on its 2003 World's richest people.

Rafik Hariri had interests stretching from Riyadh to Paris to Houston. His
son Saad runs Saudi Oger, a USD $3.15 billion (sales) construction
conglomerate. Oger paid $375 million to increase its ownership in Arab Bank
in order to keep out interested Arab-American investors.

In 1990, on the occasion of the graduation of his son, Bahaa, from Boston
University, Mr. Hariri made the naming gift for what became The Rafik B.
Hariri Building, home of Boston University's School of Management.