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Najib Mikati

Najib Mikati

N. Mikati
0.14% | + $5.18M
$3.78 B ₹ 34,386 Cr
Real Time Net Worth #1123 Ranking as of 21 Feb 2026 By Forbes

More on Najib Mikati

Gender

Male

Age

70Y

Country

Lebanon

Born On

November, 1955

Deceased

No

Relationship Status

Married

Children

3

Education

American University Of Beirut - BBA, MBA

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Telecom)

Primary Organization

Government Of Lebanon

Titles

Prime Minister

Sources of Wealth

Investcom (Sold), M1 Group

Industry

Politics, Investments, Telecom, Real Estate, Fashion

About Najib Mikati


N ajib Mikati is a Lebanese billionaire businessman and a dominant figure in the country's politics, having served multiple terms as the Prime Minister of Lebanon. He and his brother, Taha Mikati, co-founded the telecommunications company Investcom in 1982. They built the company into a major mobile network operator, securing licenses and building networks in emerging markets across the Middle East and Africa, in countries such as Syria, Yemen, and Ghana.

Their most significant business success came in 2006 when they sold Investcom to the South African telecom giant MTN Group for $5.5 billion. This deal made both brothers billionaires. Since the sale, they have managed their fortune through their private investment firm, M1 Group, which is based in Beirut. M1 has a highly diversified portfolio of global investments, with significant holdings in real estate (particularly in London and New York), aviation finance, and fashion, including ownership of the Pepe Jeans brand. Mikati's political career has run in parallel to his business success, making him one of the most powerful and wealthiest individuals in Lebanon.

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Quick Reads


  • Currently serving as the Prime Minister of Lebanon, a role he has held multiple times.
  • Co-founded the telecom company Investcom with his brother, Taha Mikati.
  • Sold Investcom to South Africa's MTN Group for $5.5 billion in 2006.
  • Their private investment firm, M1 Group, has stakes in real estate, aviation, and fashion.
  • He is the richest person in Lebanon.

Early Life and Background


Najib Azmi Mikati is a Lebanese businessman, the self-made billionaire Co-founder and Executive of M1 Group (diversified investments) and Former Prime Minister of Lebanon. His career is rooted in telecommunications, finance, and high-level politics.

Mikati holds a Master of Science degree in Business Administration from the American University of Beirut (AUB). His entrepreneurial journey began with his brother, Taha Mikati, in 1982, founding Investcom (a major mobile telecom operator). His philosophical approach centers on opportunistic acquisition, scale efficiency, and long-term asset hold in essential telecom and industrial sectors (often navigating intense political volatility).

  • M1 Group (Co-founder & Executive): The core private asset, a major holding company with interests in telecom, real estate, energy, and luxury fashion (e.g., Façonnable).
  • Investcom (Co-founder & Former Owner): The mobile telecom operator he co-founded (sold to MTN Group for $5.5 billion in 2006).
  • Political Role: He has served as Prime Minister of Lebanon multiple times (most recently since 2021).
  • Academic Background: He holds an M.S. in Business Administration from AUB.

Career Journey of Najib Mikati


Najib Mikati's strategic genius was his early and aggressive commitment to mobile telecom. He and his brother Taha built Investcom into a major mobile operator across Syria, Cyprus, Ghana, and Sudan. The pinnacle of their financial career was the $5.5 billion sale of Investcom to MTN Group (South Africa) in 2006.

His structural contribution is immense: pioneering the mobile telecom revolution in the Middle East and Africa. His career is marked by political service, serving multiple terms as Prime Minister of Lebanon—a highly challenging role amid Lebanon's perpetual political and economic crises. His wealth is secured by the colossal liquid gains from the Investcom sale and his diversified private investments (managed through M1 Group).

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Najib Mikati's Timeline


1982:

Co-founds Investcom with his brother Taha Mikati (Founding).

2005 (April):

Serves his first term as Prime Minister of Lebanon (Political Entry 1).

2006 (June):

Sells Investcom to MTN Group for $5.5 billion (Major Exit).

2021 (September):

Appointed Prime Minister of Lebanon (Political Apex).

Ongoing:

Continues as Co-founder and political leader, guiding the M1 Group (Executive Oversight).

Major Business Ventures and Investments


Najib Mikati's wealth is concentrated in the liquid capital generated from the $5.5 billion sale of Investcom and his private investment holding, M1 Group.

  • M1 Group (Co-founder & Executive): The core private asset, a major holding company with interests in telecom, real estate, energy, and luxury fashion (e.g., Façonnable).
  • Investcom (Co-founder & Former Owner): The mobile telecom operator he co-founded (sold to MTN Group for $5.5 billion in 2006).
  • Political Role: He has served as Prime Minister of Lebanon multiple times (most recently since 2021).
  • Academic Background: He holds an M.S. in Business Administration from AUB.

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Philanthropy and Social Impact


Najib Mikati's social impact is structural, stemming from Investcom's role in providing essential mobile connectivity to millions in emerging markets. His M1 Group supports various community and educational initiatives (including the Mikati Foundation). His political service, despite immense challenges, provides a major structural contribution to Lebanese governance and national stability.

His structural contribution is tied to the successful monetization and scale of the Middle Eastern telecom sector.

Fashion, Style, and Lifestyle


Najib Mikati maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global telecom and political sectors.

Residing in Beirut, Lebanon, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, political service, and corporate governance.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder of Investcom (telecom) and has served as Prime Minister of Lebanon multiple times.
  • He and his brother Taha Mikati sold Investcom for $5.5 billion in 2006.
  • He holds an M.S. in Business Administration from the American University of Beirut (AUB).
  • His investment group, M1 Group, has interests in real estate and luxury fashion (Façonnable).
  • He is known for successfully operating mobile networks in challenging markets (Syria, Sudan).
  • His wealth is tied to the successful monetization of mobile telecom licenses.
  • His structural wealth is tied to the long-term, stable profitability of the global telecommunications sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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