Najib Mikati

$3.74 B

Ranked #1129 in World

About Najib Mikati

Najib Mikati, the current Prime Minister of Lebanon, has a long and varied political and business career. He has held several positions in the Lebanese government, including serving as Prime Minister from 2011 to 2013 and again from 2021 to the present. Mikati is a prominent Sunni Muslim figure and has been a member of parliament for Tripoli. He is also a successful businessman, with investments in telecommunications, real estate, and other industries. Despite facing corruption allegations and being named in the Pandora Papers leak, Mikati has denied any wrongdoing. His appointment as Prime Minister in 2021 has been met with mixed reactions due to his association with the traditional political class.

Born

November 24, 1955

Age

70 years

Source Of Wealth

Telecom

Industries

Telecom

Citizenship

Lebanon

Residence

Beirut

Education

Bachelor of Arts/Science, American University of Beirut, Lebanon; Master of Business Administration, American University of Beirut, Lebanon

Spouse

May Mikati

Najib Mikati was born on November 24, 1955, in Tripoli, Lebanon. He comes from a prominent Sunni Muslim family in the city. Mikati graduated from the American University of Beirut in 1980 with an MBA degree. He also attended summer school programs at Harvard and INSEAD.

Najib Mikati: Family

Mikati is married to May Mikati, and they have three children together. His brother, Taha Mikati, is also a prominent businessman and politician.

Najib Mikati: Career Highlights

Mikati's career spans several decades in business and politics. Here are some key highlights:

Co-founded Arabian Construction Company (ACC) with his brother Taha in 1979.
Co-founded the telecommunications company Investcom with his brother Taha in 1982, sold it to MTN Group for $5.5 billion in 2006.
Appointed Minister of Public Works and Transport in December 1998.
Elected to the Lebanese parliament from Tripoli in 2000.
Served as Prime Minister of Lebanon from April to July 2005.
Headed an interim government in 2005 that supervised the general election following the withdrawal of Syrian troops.
Served as Prime Minister of Lebanon from June 2011 to February 2014.
Designated as Prime Minister in July 2021 and has been serving in that role since September 2021.

Najib Mikati: Companies

Mikati has been involved in several business ventures throughout his career. Some notable companies associated with him include:

Arabian Construction Company (ACC)
Investcom
MTN Group
Façonnable

Najib Mikati: Major Achievements

Mikati has achieved significant success in both business and politics. Some of his major achievements include:

Co-founding and growing Arabian Construction Company into a successful construction firm.
Co-founding and selling Investcom for a substantial profit.
Serving as Prime Minister of Lebanon on multiple occasions.
Leading the interim government that oversaw the general election in 2005.

Najib Mikati: Awards & Achievements

Mikati has received various awards and recognitions for his contributions to business and society. Some notable awards include:

Arab Businessman of the Year Award (2005)
Forbes Middle East's Top 10 Arab Billionaires (2013)
Honorary Doctorate from the American University of Beirut (2014)

Najib Mikati: Personal Life & Legacy

Mikati is known for his business acumen and political influence.

He is considered one of the wealthiest individuals in Lebanon, with a net worth estimated at $2.8 billion by Forbes in 2023. Mikati is married with three children and is actively involved in philanthropic activities.

Najib Mikati: Trivia

Mikati owns the 79-meter motor yacht Mimtee.
He is a fan of football (soccer) and supports the Lebanese national team.
Mikati is fluent in Arabic, English, and French.
He is a member of the Sunni Muslim community in Lebanon.

Wealth History

Timeline

24 November 1955

Najib Mikati is born in Tripoli, Lebanon.

1979

Co-founds Arabian Construction Company (ACC) with his brother Taha.

1980

Graduates from the American University of Beirut with an MBA degree.

1982

Co-founds the telecommunications company Investcom with his brother Taha.

1998

Appointed Minister of Public Works and Transport.

2000

Elected to the Lebanese parliament from Tripoli.

2004

Becomes leader of the solidarity bloc with two seats in parliament.

April 2005

Becomes Prime Minister upon the resignation of Omar Karami.

2005

Heads an interim government that supervises the general election following the withdrawal of Syrian troops.

2006

Sells Investcom to MTN Group for $5.5 billion.

2009

Wins a seat from Tripoli in the general elections.

January 2011

Nominated by the March 8 alliance to become Prime Minister.

June 2011

Forms a government after five months of disagreements.

March 2013

Resigns from office due to intensifying pressure between pro-Assad and anti-Assad camps.

July 2021

Designated to fill the role of Prime Minister after previous attempts failed.

September 2021

Becomes Prime Minister of Lebanon.

October 2021

Named in the Pandora Papers leak, denies any wrongdoing.

June 2022

Named prime minister designate again, but fails to agree on a new government with President Aoun.

Najib Mikati : FAQs

What is Najib Mikati's current net worth?

Najib Mikati's current net worth is $3.74 billion.

What is Najib Mikati's current global rank among billionaires?

Najib Mikati holds the 1129th position globally among billionaires.

What is Najib Mikati's current ranking within the Lebanon?

Najib Mikati holds the 2nd position in Lebanon.

What was the change in Najib Mikati's net worth compared to the previous year?

Najib Mikati's net worth increased by 387.27 million dollars compared to the previous year 2025, when his net worth was 3.35 billion dollars.

What is the recent change in Najib Mikati's net worth?

Najib Mikati's net worth increased by 1.12 million dollars recently, a 0.03% increase, with his net worth standing at 3.74 billion dollars.

What are Najib Mikati's main sources of wealth?

Najib Mikati's main source of income comes from Telecom.

In which industry does Najib Mikati primarily operate?

Najib Mikati is primarily involved in the Telecom industry.

What is Najib Mikati educational background?

Najib Mikati holds a Bachelor of Arts/Science from American University of Beirut from Lebanon and a Master of Business Administration from American University of Beirut from Lebanon.

How old is Najib Mikati?

Najib Mikati is 70 years old.

How many children does Najib Mikati have?

Najib Mikati has 3 children.

Who is Najib Mikati and what are his notable achievements in Lebanese politics?

Najib Mikati is a Lebanese politician and businessman, currently serving as the Prime Minister of Lebanon since September 2021. He previously held the position from June 2011 to February 2014, and from April to July 2005. Mikati also served as the Minister of Public Works and Transport from December 1998 to 2003, and has been a member of parliament for Tripoli. He headed an interim government in 2005 and formed his second government backed by the March 8 alliance in 2011.

What are the key points of Najib Mikati's first and second terms as Prime Minister of Lebanon?

During his first term as Prime Minister in 2005, Najib Mikati acted as a caretaker premier leading an interim government that supervised elections following the Syrian withdrawal. In his second term from 2011 to 2013, nominated by the March 8 alliance, he succeeded Saad Hariri. His government faced internal pressure due to conflicts between pro-Assad and anti-Assad camps, leading to his resignation in March 2013.

What challenges has Najib Mikati faced during his third term as Prime Minister?

In his third term as Prime Minister, which began in 2021, Najib Mikati faced significant challenges, including a devastating economic crisis, currency collapse, rampant inflation, mass layoffs, poverty, power cuts, and severe fuel shortages. Despite forming a 24-member government, attempts to address the crisis have included seeking aid from the Arab world and negotiating with the IMF. His re-designation in 2022 stalled due to difficulties in forming a new government, and while his government submitted its resignation, it has remained in a caretaker capacity due to parliamentary inaction.