Who is Taha Mikati?
He is a Lebanese billionaire investor. He was born in 1944. He is married and has 3 children. Mikati co-founded the Lebanese telecom group Investcom together with his brother, the former Lebanese Prime minister Najib.
Investcom became one the largest telecom providers in Africa and the Middle East, with 5 million customers.
Using the Areeba brand name, the company was active in Benin, Cyprus, Ghana, Guinea Bissau, Liberia, Sudan, Syria, and Yemen.
Sold for US$ 5.5 Billion
Investcom’s 2005 IPO on the London stock exchange was the biggest IPO by a Middle Eastern company, raising USD 740 million.
In 2006 the company was acquired by South Africa based MTN Group, for USD 5.5 billion. The Mikati brothers became the richest people in Lebanon.
Taha and Najib Mikati are active philanthropists, through their Mikati Foundation. The foundation’s goals are improving the welfare and potential of people in the developing world, particularly in the Arab World and Africa.
Mikati Net Worth
Taha and Najib each have an estimated net worth of US$ 3 billion. Which brings the net worth of the family to US$ 6 billion.
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Taha Mikati House
Mikati has residences in Beirut, Lebanon and London, UK. Unfortunately, we have not yet been able to identify his homes. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
Mikati Yacht Chopi Chopi
There are two aircraft registered to the M1 group. A Dassault Falcon 2000, with registration T7-