Mohamed Morsi Net Worth

What Was Mohamed Morsi's Net Worth?

Mohamed Morsi was an Egyptian politician who had a net worth of $500 thousand at the time of his death in 2019. Born in El-Adwah, Sharqia Governorate, Egypt, Mohamed Morsi earned his education largely in his native country before winning a scholarship from his home government to study abroad in the United States. Morsi received his PhD from the University of Southern California. He worked as an assistant professor in the U.S. before he returned to Egypt during the mid-1980s to teach in his home country. Mohamed's parliamentary career began in 2000; he served in Parliament for five years as an independent candidate, though he was part of the Guidance Office of the Muslim Brotherhood. In 2011, Morsi joined the Freedom and Justice Party as the inaugural party president. That year, he was taken prisoner along with several others from the Muslim Brotherhood; Morsi escaped his captors two days later.

In 2012, Mohamed became the presidential candidate for the Muslim Brotherhood, winning the election on June 24th with just over 51% of the vote and becoming the first person to be democratically chosen as Egypt's head of state. He took unlimited power as president, and within a year, protesters were calling for his resignation. The Egyptian military unseated Morsi on July 3, 2013, in a coup d'etat. As a result, Mohamed was forced out of office, and the state's Constitution was suspended in favor of a new one. Adly Mansour became Egypt's acting president before a new election. After Mohamed's presidency, there were widespread arrests of Muslim Brotherhood supporters. On September 1, 2013, it was announced that Morsi would stand trial in his home country on a slew of charges. He was given the death penalty, but the death sentence was later overturned. During the retrial, Mohamed collapsed just after he spoke at a court hearing on June 17, 2019, and he died of a heart attack later that day at the age of 67.

Early Life

Mohamed Morsi was born Mohamed Mohamed Morsi Issa Al-Ayat on August 20, 1951, in El Adwah, Kingdom of Egypt. His birth took place near the end of the Egyptian monarchy. Morsi was the son of a homemaker and a farmer, and he had four younger brothers. He moved to Cairo in the late '60s to attend Cairo University, graduating in 1975 with a BSc in engineering with high honors. Mohamed then fulfilled his military service, serving in the Egyptian Army in the chemical warfare unit until 1976. In 1978, he earned an MS in metallurgical engineering from Cairo University, then he received a government scholarship that gave him the opportunity to study in the U.S. There, Morsi enrolled at the University of Southern California, earning a PhD in materials science in 1982; his dissertation was on aluminium oxide. From 1982 to 1985, he was an assistant professor at California State University, Northridge. After quitting his teaching job at CSUN, Mohamed returned to Egypt and taught at Zagazig University. He became the head of the university's engineering department, and he worked there until 2010.

Career

In 2000, Morsi was elected to parliament. He served until 2005 as an independent candidate because President Hosni Mubarak had barred the Muslim Brotherhood from running candidates. Mohamed was a member of the Muslim Brotherhood's Guidance Office until the Freedom and Justice Party was founded in 2011. The Guidance Office then elected him as the new party's first president. In early 2011, Morsi and 24 of his fellow Muslim Brotherhood leaders were arrested. Two days after his arrest, he escaped from a Cairo prison. Four years later, Mohamed went on trial for the prison break and received a death sentence in May 2015. The sentence was later overturned, and a retrial was ordered.

Before going to trial, Morsi ran in the 2012 presidential election as the Muslim Brotherhood candidate and won with 51.73% of the vote. On June 30, 2012, he was sworn in as the country's first democratically elected president. Within a few months, Morsi announced the annulment of the constitutional amendments that restricted the president's powers. In November 2012, he issued a declaration that was meant to protect the Constituent Assembly from judicial interference while drafting the new constitution. Egyptian diplomat / lawyer Mohamed ElBaradei stated that the president had "usurped all state powers and appointed himself Egypt's new pharaoh." Massive protests against Morsi broke out, and his declaration was condemned by several human rights organizations. In December 2012, he annulled the degree that expanded his authority. In June 2013, protests across the country called for Mohamed's resignation, and the Egyptian Armed Forces gave him a 48-hour ultimatum to meet the demands of the citizens of Egypt. Morsi rejected the ultimatum and was put under house arrest in early July.

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Imprisonment and Death

After being overthrown, Morsi was tried on several charges. In April 2015, he was convicted for inciting violence and arresting and torturing protesters, and he was sentenced to 20 years in prison. In mid-2016, Mohamed received a life sentence on charges of passing state secrets to Qatar, but the sentence was overturned a few months later. He was held in the "Scorpion Prison" wing of Tora Prison, where a detention review panel reported that he was receiving "cruel, inhuman and degrading" treatment and inadequate care for his diabetes. On June 17, 2019, Egyptian state television announced that Morsi collapsed during a court hearing and reportedly died of a heart attack later that day at the age of 67. He was laid to rest in Cairo next to  other important figures of the Muslim Brotherhood. Sarah Leah Whitson, the executive director of the Middle East and North Africa division of the organization Human Rights Watch said of Mohamed's passing, "Former President Morsi's death followed years of government mistreatment, prolonged solitary confinement, inadequate medical care, and deprivation of family visits and access to lawyers." Muslim Brotherhood member Mohamed Sudan called Morsi's death "premeditated murder."

Personal Life

In 1979, Mohamed married Naglaa Ali Mahmoud, his cousin. The couple welcomed five children together: Ahmed, Shaima, Osama, Omar, and Abdullah. Ahmed is a physician and Osama is an attorney. Three of Morsi's children were born in California. Abdullah died in September 2019 the day after his 25th birthday, and it was reported that he had suffered a heart attack while driving. However, in September 2020, his lawyers revealed that he had actually died "as a result of having been injected with a lethal substance."

Awards

In 2013, the National University of Sciences and Technology awarded Morsi an honorary Doctorate of Philosophy during a state visit to Pakistan. He was given the degree "in recognition of his achievements and significant contribution towards promotion of peace and harmony in the world and strengthening relations with the Muslim countries."

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