Bassim Haidar • Net Worth $400 million • House • Yacht • Private Jet

Name:Bassim Haidar
Net Worth:$400 million
Source of Wealth:Channel IT
Born:Feb 2, 1971
Children:Talia Haidar, Laila Haidar, Rhiya Haidar
Private Jet:OE-LIM Gulfstream G550

Born on February 2, 1971, Bassim Haidar is a business magnate recognized globally for his contributions to the fintech sector. Haidar is the visionary behind Channel IT and Channel VAS, companies that have revolutionized the technology landscape. Currently residing with his wife, Deidre Haidar, the entrepreneur showcases a seamless blend of innovation, leadership, and personal charisma.

Key Takeaways

  • Bassim Haidar, born in 1971, is the founder of Channel IT and Channel VAS, leading names in the global fintech landscape.
  • Channel VAS provides vital fintech services, such as big data and analytics and Airtime Credit Services, particularly focusing on underbanked populations in emerging economies.
  • Currently, Bassim Haidar’s estimated net worth stands at a substantial $400 million, reflecting his successful entrepreneurial journey.
  • Besides his professional pursuits, Haidar is an active social media user, often sharing snippets of his opulent lifestyle on his yacht and jet.

A Deep Dive into Channel VAS

Channel VAS, a key name in the fintech ecosystem, serves an array of sectors, including mobile operators, marketing companies, and advertising and content providers. The Dubai-based company specializes in offering big data and analytics services, as well as Airtime Credit Services for Mobile Operators. With a presence in 42 countries, Channel VAS underscores its commitment to emerging economies across Sub-Saharan Africa, the Middle East, Asia, and Latin America.
The company’s primary mission is to deliver nano and micro finance solutions to underbanked populations, demonstrating a robust social responsibility orientation. The Bassim Haidar-led Channel VAS is thus not just a business entity but also a catalyst for economic growth and financial inclusion in underserved markets.

Bassim Haidar’s Financial Prowess

The success of Channel IT and Channel VAS has elevated Haidar to a highly esteemed position in the financial world. His estimated net worth is a staggering $400 million, a testament to his business acumen and strategic leadership.

Bassim Haidar on Social Media

Bassim Haidar also maintains an active presence on social media, where he frequently shares glimpses of his life. His posts often feature him aboard his luxurious yacht and jet, offering a sneak peek into the glamorous lifestyle of this business tycoon.


BassimHaidar (@bassimhaidar) • Instagram photos and videos

BassimHaidar | World Economic Forum (

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Bassim Haidar

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Bassim Haidar Yacht

He is the owner of the Codecasa yacht Bash.  Before that he owned the Benetti Bash (now Australia). Haidar also owns the Azimuth yacht Bash II.

The MY Bash Yacht, built by Codecasa in 1990, has a storied history, having been formerly known as Sokar and Jonikal under the ownership of Mohammed Al Fayed.

Equipped with robust Wärtsilä engines, the MY Bash can reach a maximum speed of 20 knots and boasts a considerable range of over 3000 nm.

The yacht exemplifies luxury, offering accommodation for 12 guests along with a dedicated crew of 12.