Rafic Hariri - Business Tycoon, Family and Childhood

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Rafic Hariri's Personal Details

Rafic Hariri was a former Prime Minister of Lebanon

InformationDetail
BirthdayNovember 1, 1944
Died onFebruary 14, 2005
NationalityLebanese
FamousBusiness Tycoon, Lebanese Men, Leaders, Prime Ministers
SpousesNazik Hariri, Nidal Basatini
SiblingsBahia Hariri, Shafic Hariri
Known asRafic Baha El Deen Al Hariri, Rafik Hariri, Rafiq Hariri
Childrens Ayman Hariri, Bahaa Hariri, Fahd Hariri, Hind Hariri, Houssam Hariri, Saad Hariri
Universities
  • Beirut Arab University
Founder / Co-Founder
  • Solidere
  • Saudi Oger
  • Future Movement
Cause of deathAssassination
Birth PlaceSidon
ReligionSunni Islam
GenderMale
Net Worth$3.3 billion
Sun SignScorpio
Born inSidon
Famous asBusiness tycoon
Died at Age60

// Famous Business Tycoon

Rafic Hariri's photo

Who is Rafic Hariri?

Rafic Hariri, also known as Rafic Baha El Deen Al Hariri, was the Lebanese Prime Minister and an illustrious entrepreneurial bigwig. He dominated the post-war socio-political and entrepreneurial scenario of his country and was also credited with redeveloping Beirut, which was devastated due to the 15 long years of civil war. During his tenure, he headed five cabinets and implemented an aggressive economic policy. He privatized the industries and implemented the policy of direct foreign investment. Both these economic policies entirely changed the socio-economic scenario of Lebanon. Hariri backed entrepreneurs, foreigners, and individuals, who took an interest in the developmental potential of Lebanon. He simplified the tax structure and provided several tax breaks to the international investors. Due to his highly successful endeavors in the private sector and numerous international connections, Hariri also managed to garner a considerable amount of low-interest loans from various foreign investors. In an attempt to curb corruption and increase the value of Lebanese pound with respect to American dollar, he pursued a powerful macroeconomic policy and maintained a strict inter-bank interest rate. This macroeconomic policy and several other economic policies formulated by him, turned out to be remarkable successes. Unfortunately, despite his significant contributions, Hariri was assassinated in Beirut, while he was driving past the St. Georges Hotel. The reports of UNIIIC indicate that the Syrian Government is linked to his murder

// Famous Lebanese Men

Childhood & Early Life

Rafic Hariri was born on November 1, 1944 in the Lebanese port city of Sidon, in a Sunni Muslim family. He had two siblings: brother, Shafic and sister Bahia.

In his early years, Hariri attended the Sidon Secondary School. After pursuing his basic schooling, he completed graduation in business administration from the Beirut Arab University.

Career

In 1965, Hariri moved to Saudi Arabia where he started his career as a teacher. However, after some years, he pursued a career in the construction industry.

In 1969, he established a small subcontracting firm, called the Ciconest. Unfortunately, this business endeavor turned out to be an unsuccessful one. Hariri then collaborated with the French firm Oger and completed the construction project of a hotel in Saudi Arabia. This project became the milestone project of his career and after this he took over the Oger firm, which then became the major construction firm that was used by the Saudi Royal Family for all their development works. As a result of extensive Royal support and high-end construction projects, Hariri soon became a multi-billionaire.

Having accumulated a considerable amount of wealth, Hariri started a number of philanthropic projects in Lebanon. He also donated a hefty amount, to the victims of the South Lebanon Conflict.

In 1983, Hariri started his career in politics, as a political advisor Prince Bandar bin Sultan., After the collapse of the PLO and due to the lack of viable Sunni Leadership, he was implanted as a Saudi diplomat.

Being a competent diplomat, Hariri played a vital role in the formulation of the 1990 Tiaf Agreement, which also ended the sixteen-year civil war in Lebanon.

In 1992, he became the first post-civil war Prime Minister under the president Elias Hrawi. He played a significant role in putting Lebanon back on the financial map by issuing Eurobonds in order to borrow reconstruction money.

The most remarkable economic policy formulated by Harir, was the ‘Horizon 2000’. The Horizon 2000 was a rejuvenation project with which he attempted to improve the post-civil war scenario of Lebanon. Under this policy, he established the construction unit, Solidere which was partly owned by the government and partly by the private and international investors. This construction unit redeveloped Beirut and transformed it to a major urban hub. This indeed was a remarkable achievement as Beirut had been completely devastated due to the long-drawn civil wars.

As a part of this economic policy, he privatized the industries of his country. As a result, various contracts were awarded to the vital industries such as the Energy, Telecommunications, Power and Hospitality.

Due to these powerful economic endeavors, the real national income of Lebanon increased to 6% during 1992-1993. However, after a few years, the Lebanese economy soon turned to a miserable state owing to these policies. During the last few years of his premiership, the National debt of Lebanon had hiked up 540%.

In 1998, Rafic Hariri was replaced by Salim Hoss as the Prime Minister. This resulted in an immense power struggle between Hariri and Hoss.

In 2000, Hariri was once again appointed as the Prime Minister of Lebanon. As the Prime Minister, he justified the UN Security Council Resolution 1559 which called all the foreign forces to withdraw their forces from Lebanon.

Hariri’s second term ended on 20th October 2004 when he resigned from his Prime Ministerial post. Omar Karami succeeded him as the Lebanese Prime Minister.

Major Works

The ‘Horizon 2000’ economic policy was the most significant contribution of Rafic Hariri. This project played a significant role in re-developing the city of Beirut and converting it to an Urban Hub. With this policy, he also privatized the industries and made remarkable improvements in the tax laws and tax codes. As a result of this powerful economic policy, the real national income of Lebanon increased to 6%.

Awards & Achievements

In 2004, Rafic Hariri was awarded the Habitat Scroll of Honor by the UN for his contributions in International Relations.

Personal Life & Legacy

In 1965, Hariri had married an Iraqi lady called Nida Bustani. The couple had three sons: Bahaa, Saad, and Houssam. After a couple of years, he divorced his wife.

In 1976, he married Nazik Audi. Hariri had four children with his second wife.

Hariri was assassinated on 14 February 2005, while he was driving past the St. George Hotel in Beirut. His assassination case is still being investigated by the Special Tribunal for Lebanon. Apparently, the Syrian Government is said to have links with this murder.

After his death, the Beirut International Airport was renamed as the Rafic Hariri International airport. Apart from this, the Beirut General University Hospital was also renamed as the Rafic Hariri Hospital.

// Famous Prime Ministers

Rafic Hariri biography timelines

  • // 1st Nov 1944
    Rafic Hariri was born on November 1, 1944 in the Lebanese port city of Sidon, in a Sunni Muslim family. He had two siblings: brother, Shafic and sister Bahia.
  • // 1965
    In 1965, Hariri moved to Saudi Arabia where he started his career as a teacher. However, after some years, he pursued a career in the construction industry.
  • // 1965
    In 1965, Hariri had married an Iraqi lady called Nida Bustani. The couple had three sons: Bahaa, Saad, and Houssam. After a couple of years, he divorced his wife.
  • // 1969
    In 1969, he established a small subcontracting firm, called the Ciconest. Unfortunately, this business endeavor turned out to be an unsuccessful one. Hariri then collaborated with the French firm Oger and completed the construction project of a hotel in Saudi Arabia. This project became the milestone project of his career and after this he took over the Oger firm, which then became the major construction firm that was used by the Saudi Royal Family for all their development works. As a result of extensive Royal support and high-end construction projects, Hariri soon became a multi-billionaire.
  • // 1976
    In 1976, he married Nazik Audi. Hariri had four children with his second wife.
  • // 1983
    In 1983, Hariri started his career in politics, as a political advisor Prince Bandar bin Sultan., After the collapse of the PLO and due to the lack of viable Sunni Leadership, he was implanted as a Saudi diplomat.
  • // 1990
    Being a competent diplomat, Hariri played a vital role in the formulation of the 1990 Tiaf Agreement, which also ended the sixteen-year civil war in Lebanon.
  • // 1992
    In 1992, he became the first post-civil war Prime Minister under the president Elias Hrawi. He played a significant role in putting Lebanon back on the financial map by issuing Eurobonds in order to borrow reconstruction money.
  • // 1992 To 1993
    Due to these powerful economic endeavors, the real national income of Lebanon increased to 6% during 1992-1993. However, after a few years, the Lebanese economy soon turned to a miserable state owing to these policies. During the last few years of his premiership, the National debt of Lebanon had hiked up 540%.
  • // 1998
    In 1998, Rafic Hariri was replaced by Salim Hoss as the Prime Minister. This resulted in an immense power struggle between Hariri and Hoss.
  • // 2000
    The most remarkable economic policy formulated by Harir, was the ‘Horizon 2000’. The Horizon 2000 was a rejuvenation project with which he attempted to improve the post-civil war scenario of Lebanon. Under this policy, he established the construction unit, Solidere which was partly owned by the government and partly by the private and international investors. This construction unit redeveloped Beirut and transformed it to a major urban hub. This indeed was a remarkable achievement as Beirut had been completely devastated due to the long-drawn civil wars.
  • // 2000
    In 2000, Hariri was once again appointed as the Prime Minister of Lebanon. As the Prime Minister, he justified the UN Security Council Resolution 1559 which called all the foreign forces to withdraw their forces from Lebanon.
  • // 2000
    The ‘Horizon 2000’ economic policy was the most significant contribution of Rafic Hariri. This project played a significant role in re-developing the city of Beirut and converting it to an Urban Hub. With this policy, he also privatized the industries and made remarkable improvements in the tax laws and tax codes. As a result of this powerful economic policy, the real national income of Lebanon increased to 6%.
  • // 2004
    In 2004, Rafic Hariri was awarded the Habitat Scroll of Honor by the UN for his contributions in International Relations.
  • // 20th Oct 2004
    Hariri’s second term ended on 20th October 2004 when he resigned from his Prime Ministerial post. Omar Karami succeeded him as the Lebanese Prime Minister.
  • // 14th Feb 2005
    Hariri was assassinated on 14 February 2005, while he was driving past the St. George Hotel in Beirut. His assassination case is still being investigated by the Special Tribunal for Lebanon. Apparently, the Syrian Government is said to have links with this murder.

// Famous Leaders

Rafic Hariri's FAQ

  • What is Rafic Hariri birthday?

    Rafic Hariri was born at 1944-11-01

  • When was Rafic Hariri died?

    Rafic Hariri was died at 2005-02-14

  • Where was Rafic Hariri died?

    Rafic Hariri was died in Beirut

  • Which age was Rafic Hariri died?

    Rafic Hariri was died at age 60

  • Where is Rafic Hariri's birth place?

    Rafic Hariri was born in Sidon

  • What is Rafic Hariri nationalities?

    Rafic Hariri's nationalities is Lebanese

  • Who is Rafic Hariri spouses?

    Rafic Hariri's spouses is Nazik Hariri, Nidal Basatini

  • Who is Rafic Hariri siblings?

    Rafic Hariri's siblings is Bahia Hariri, Shafic Hariri

  • Who is Rafic Hariri childrens?

    Rafic Hariri's childrens is Ayman Hariri, Bahaa Hariri, Fahd Hariri, Hind Hariri, Houssam Hariri, Saad Hariri

  • What was Rafic Hariri universities?

    Rafic Hariri studied at Beirut Arab University

  • Which company or organization was founded by Rafic Hariri?

    Rafic Hariri was the founder/co-founder of Solidere, Saudi Oger, Future Movement

  • What is Rafic Hariri's cause of dead?

    Rafic Hariri dead because of Assassination

  • What is Rafic Hariri's religion?

    Rafic Hariri's religion is Sunni Islam

  • What is Rafic Hariri's sun sign?

    Rafic Hariri is Scorpio

  • How famous is Rafic Hariri?

    Rafic Hariri is famouse as Business tycoon