Revealed! Col Muammar Gaddafi was richest man on earth

Col Muammar Gaddafi the slain Libyan leader is said to have assets worth at least $200 billion in secret bank accounts around the world.
Col Muammar Gaddafi the slain Libyan leader is said to have assets worth at least $200 billion in secret bank accounts around the world.

The man that arguably began many revolutions in the Middle East and North Africa last year has been revealed as also having been stinking rich. Col Muammar Gaddafi, who led Libya for over four decades, allegedly used his power to line his pockets as the domineering controller of the country’s plentiful oil fields.

Using Libya’s coffers as his bank account, Gaddafi, who never promoted himself and simply retained the army rank of colonel that he had when he led a successful army coup, reportedly spent freely, and amassed a personal fortune that included real estate and corporate investments all over the world. At the time of his capture and death in 2011, Gaddafi was the richest man on earth with an estimated $200 billion fortune.

Col Gaddafi was able to build his massive personal wealth thanks to a violent and domineering control over Libya’s natural resources. Specifically their rich supply of oil. Libya has the largest supply of oil in Africa and the tenth largest in the world. Gaddafi used Libya’s oil to print money for 40 years! During that time he spread his money around the globe through family members, Swiss bank accounts, real estate and investments. Estimated at $200 billion, he had enough to give $30,000 to each of Libya’s 6.6 million citizens.

At the beginning of the Libyan conflict, authorities discovered and seized roughly $67 billion of Gaddafi’s wealth hidden in bank accounts around the globe. England, France, Italy and Germany seized another $30 billion and the Obama administration found a staggering $37 billion in the United States. Investigators suspect that Gaddafi hid an additional $30 billion around the world.

As more investigations take place, it looks like Gaddafi had money stashed or invested in almost every major country in the world including the United States, Europe, the Middle East, Asia and Africa. In addition to bank accounts, Muammar owned a stake in the Italian soccer club Juventus and the car company Fiat. He also was a minority shareholder of London’s Financial Times. Gaddafi had luxury homes around the world including a huge estate located in the United States, in Englewood, New Jersey. His house includes a huge swimming pool, tennis court and even a shooting range.

12 thoughts on “Revealed! Col Muammar Gaddafi was richest man on earth

  • June 8, 2013 at 10:14 pm
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    Are you reading thisYoweri Kaguta Museveni of Uganda?

    Reply
  • June 9, 2013 at 12:08 am
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    The likes of Salim Saleh should take note of this. When his house maid stole 50M Ug Shillings from Saleh’s houseg, he claimed it was his daughter’s petty cash responding to a question that journalists asked him why such huge amount of money was kept in the house and not a bank.
    People can’t afford paracetamol which costs 5p. Hospitals are mere buildings with no medicine, accidents have claimed so many lives because if the conditions they are in. M7 please do something or else u will die like ur friend Gaddafi

    Reply
  • June 9, 2013 at 3:57 pm
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    All dictators the United States of America helped to assume power in the ‘ 50s and ’60s in Africa and beyond like Col. Gadafi, Mobutu Sese Seko, Saddam Hussein all amassed ill-gotten wealth. We are now waiting to see what is in the granaries of the USA brand of the so called new breed of African leaders…. Its a shame!

    Reply
  • December 1, 2013 at 6:34 pm
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    The terrible tragedy of life to watch at the final days of these tyrants who were looting their country’s wealth while the citizens were dying in hunger and sickness. Col and his family had too much wealth, his wealth alone, if distributed among the 6.6 million people, it would have been $ 30000/head. While watching the tormenting last days of his life, he slept like a rat (he used to call his people rats), and he was tortured like a mad dog and killed in an open ground.

    What kind of funeral he had? But look to the other side of great people died; like Mahatma Gandhi-Mother Teresa etc; they had nothing of this world, but their funeral was attended by royalty-world leaders-political leaders-rich and poor representing all religious and political background. True greatness is respected and appreciated by everybody. Their names and the visiting of their grave will give us greater inspiration in life. Col’s children, did they enjoy any wealth? Very hard lesson of life to be learned by all who are trying to hoard wealth through robbing others and hiding everywhere in the world. That is simply another smoke.

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    • June 25, 2015 at 3:36 pm
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      Gaddafi was a good leader, he made Libya the most prosperous country in all of Africa. Under his rule people were given free housing, literacy rate went up from 3% to 83%, and education was also offered. He used his wealth to make the country better. His people didn’t hate him, they loved him. He didn’t call anyone rats, except for the tribes that tried to take him down. Gaddafi was a good ruler, it is the USA, Saudi-Arabia, and France that sabotaged his reputation using the media, and stirred up different local groups against Gaddafi.

      Reply
      • June 25, 2015 at 3:37 pm
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        Show me one ruler in the world, who can ride the streets like Gaddafi did; having the support of his people, without need of bodyguards.

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      • February 1, 2016 at 1:01 pm
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        All very well to say but is it any different in other countries some have and a lot have not ?
        Question why has this money and Gold etc seized by USA not been passed over to the peoples whose Country you have Destroyed and who are having to migrate away left with nothing?

        Reply
  • December 31, 2014 at 3:35 pm
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    The hard truth is that the fictitious and much hyped “Arab Spring” has spectacularly collapsed in on itself. From Tunisia to Libya to Egypt to Syria, none of these countries have actually benefited from the Western backed delusion of “democracy”
    Im both glad and unsurprised to see mainstream media houses such as this one refuse to acknowledge this fact. All they’d wind up with is massive discredit, given that they and the fair majority of their gullible readers happily lapped up the idea that everything would turn out for the best, led by their so called civilized governments.
    Libya in Gaddafi’s time was a peaceful, comparatively prosperous country. Its a simple fact of matter. Right now its little more than an oil-laden Somalia, whose effects will certainly be felt by all its neighbours.

    Reply
  • June 26, 2015 at 12:19 am
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    Dear discussants John et al
    If I may recommend, please read the ORIGIN of Muammar el Gadhaffi in this seminar book “The Hilton Assignment Mass Market Paperback – May 1974
    by Patrick Seale (Author), Maureen McConville (Author)
    There are however snippets of it on the ‘Internet’ that are possible adequate or can re-equip you with some reasoning/reasonable knowledge
    Then come back and we discuss the billions
    Opoya

    Reply
  • February 4, 2016 at 12:32 pm
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    the late served, he wasn’t a mere president but a leader, a revolutionary man………..at last hated by dictators of the world. and afterwards sent to the soils where we shall all end……..including the names with numbers on them!

    Reply
  • August 5, 2016 at 2:28 am
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    Most of the world’s wealth is concentrated in the hands of the House of Rothschild, with lesser but still vast (undisclosed) amounts in the secret vaults of a few elite Jewish families: the Schiffs, the Wallenbergs, the Oppenheimers, the Morgenthaus, the Goldman-Sachs, the Lehmans and the Guggenheims. The entire wealth of the world has been estimated as $990 trillion. Of this, the lion’s share, roughly $500 trillion, is reported to belong to one dynastic family alone: the Rothschilds.

    The Rothschilds and the Rockefellers (the latter family rumored to be worth $100 trillion) own between them all the world’s major banks, big corporations, conglomerates and oil companies, apart from huge real estate holdings such as castles, palaces, stately mansions, luxury hotels, race courses, casinos, exotic holiday resorts, and vast tracts of farm land and virgin forest.

    Staggering amounts of gold bullion, diamonds, jewelry, rare art, antiquarian books, coins, precious metals and stones clog up their underground vaults. These people have never sight eyes on most of the things they possess. They have never set foot on the land they own. In spite of all their fantastic wealth, they feel desperately poor and insecure; nor can they rest easy in their beds until they own everything — and the rest of mankind is reduced to a condition of abject slavery.

    9/11 was a catalyzing event for these emperors of opulence. It ushered in a new world order and precipitated a series of catastrophic new wars that would help to create new starving refugees, new impoverished immigrants, and new opportunities for endless exploitation by an essentially hostile Jewish elite.

    Reply
  • September 14, 2016 at 3:48 am
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    This story about Gaddafi’s “stolen money” was spread by a con man named Erik Iskander Goaied, who offered to retrieve the money for a commission fee. And this guy has been collaborating with the US government, so why are we to believe these self-serving, deceit-loving, compulsive liar alias the Government of the United States of America? Heck the whole western countries had their bloodied hands on this.

    Reply

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