Shaher Abdulhak

Shaher Abdulhak
Born c. 1938
Residence Yemen
Nationality Yemeni
Occupation Businessman
Net worth $9 Billion ($9,000,000,000)

Shaher Abdulhak (born c. 1938[1]) is a Yemeni businessman. Maybe one of the most talked-about businessman in Yemen due to his high-profile friendships with high-ranking officials: former President Ali Abdullah Saleh and President Abdo Rabbo Mansour Hadi. Although Abdulhak lost 35% of his fortune on the floor of the London Stock Exchange, back when the Europe was hit by its financial toxic investments crisis, his group, Shaher trading has managed to absorb its international losses and capitalise on its national investments instead.

Career

In 1963 Abdulhak founded the company "Shaher Trading", an enterprise involved in petroleum, soft drinks, tourism and property.[2][3] Abdulhak is known as the "King of Sugar" in Yemen, where he holds great influence also politically.[4] He is a personal friend of president Ali Abdullah Saleh.[5] In spite of his prominent position in Yemeni society, Abdulhak is media-shy; he never grants interviews and no photo of him has ever been printed in the local press.[4] In December 2009, his picture was shown for the first time in public media when Norwegian newspaper VG printed a private photograph of him.[6]

References

  1. ↑ Nina Berglund (2008-03-19). "Family of man sought in student's death hires a lawyer". Aftenposten. Retrieved 2008-03-22.
  2. ↑ "Shaher Trading Company Limited (STCO)". STCO. Retrieved 2008-03-22.
  3. ↑ Sonia Verma and Adele Moggridge (2008-03-20). "Martine Vik Magnussen murder: I'll disown my son if he is killer, says Shaher Abdulhak". The Times. Retrieved 2008-03-22.
  4. 1 2 Sonia Verma and Adele Moggridge (2008-03-21). "Man suspecting of Norwegian student's murder had 'playboy lifestyle'". The Times. Retrieved 2008-03-22.
  5. ↑ Sam Greenhill (2008-03-21). "Playboy's father could order him back to Britain over socialite's killing". Daily Mail. Retrieved 2008-03-22.
  6. ↑ http://www.vg.no/nyheter/utenriks/artikkel.php?artid=577771
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