Saturday, February 5, 2011

UK's Guardian: Mubarak Family Fortune $70 Billion?

In the article on February 4, 2011, UK's Guardian speculates that Mubarak Family has stashed away as much as $70 billions of wealth in UK (Bank of Scotland) and Swiss banks (UBS) as well as in properties in the UK and the US.

Don't be mad, as the article tries to calm us, it is just a typical number for a typical Middle East ruler.

Egypt's GDP is $217 billion (2010 estimate, CIA Factbook)

So, Mubarak's wealth is 32% of GDP.

Egypt's population is 80,471,869 (July 2010 estimate, CIA Factbook)

Mubarak's wealth is $870 for every Egyptian.


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