Bashar Al-Assad Net Worth
Bashar al-Assad net worth and family wealth: Bashar al-Assad is a Syrian politician and former doctor who has a net worth of $1.5 billion. Bashar al-Assad is the current President of Syria and Regional Secretary of the Ba'ath Party. Bashar al-Assad was born on September 11, 1965 in Damascus. He grew up in a political family. His father Hafez Assad took over the Syrian government in 1970. Bashar was not originally intending to be a politician. He graduated from Damascus University in 1982, where he studied medicine. His older brother was next in line to take over from their father. Unfortunately the older brother died in a car crash in 1994. At this point Bashar stepped in to be his father's heir. Bashar became a colonel in the Syrian army in 1999. In June 200 his father died of a heart attack after holding office for 29 years. One month later, Bashar ran unopposed to become President of Syria. During his reign, Bashar has been criticized for disregarding human rights, economic lapses, and corruption. He is also an outspoken critic of the United States and Israel. In Syria websites such as Wikipedia Arabic, You Tube and Facebook were blocked from people accessing them from 2008 until February 2011. U.S. President Barack Obama signed an Executive order to place sanctions against Bashar Assad in an effort to pressure his regime "to end its use of violence against its people and begin transitioning to a democratic system that protects the rights of the Syrian people." This order took place on May 18, 2011, due to this order Mr. Assad and nine other officials were added to a list with travel bans and asset freezes.
Family Wealth: The al-Assad family reportedly controls 60-75% of the Syrian economy and has used this control to amass a vast fortune. Bashar's personal net worth is $1.5 billion. The total value of his family wealth has been estimated to be $60 – $120 billion. The family owns a vast portfolio of real estate, natural resources, art, jewelry, and much much more.