{"id":45823,"date":"2011-10-23T16:56:59","date_gmt":"2011-10-23T13:56:59","guid":{"rendered":"http:\/\/www.turkishnews.com\/en\/content\/?p=45823"},"modified":"2014-01-06T16:24:59","modified_gmt":"2014-01-06T14:24:59","slug":"qaddafi-was-worth-more-than-200-billion-by-far-the-richest-person-in-the-world","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2011\/10\/23\/qaddafi-was-worth-more-than-200-billion-by-far-the-richest-person-in-the-world\/","title":{"rendered":"Qaddafi Was Worth More Than $200 Billion \u2014 By Far The Richest Person In The World"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-45824\" title=\"Qaddafi\" src=\"https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2011\/10\/Qaddafi.jpg\" alt=\"\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2011\/10\/Qaddafi.jpg 400w, https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2011\/10\/Qaddafi-300x225.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><span class=\"removed_link\" title=\"http:\/\/www.businessinsider.com\/blackboard\/muammar-al-qaddafi\">Muammar Qaddafi<\/span>\u00a0was three times as rich as\u00a0<span class=\"removed_link\" title=\"http:\/\/www.businessinsider.com\/blackboard\/carlos-slim\">Carlos Slim<\/span>\u00a0and ten times richer than\u00a0<span class=\"removed_link\" title=\"http:\/\/www.businessinsider.com\/blackboard\/king-abdullah\">King Abdullah<\/span>\u00a0of Saudi Arabia \u2014 easily the richest man in the world.<\/p>\n<p>Qaddafi was supposedly worth over $200 billion with assets in bank accounts, real estate and corporate investments around the world.<strong><br \/>\n<\/strong><\/p>\n<p>This staggering new estimate comes from senior Libyan officials and seems to be legitimate, according to the\u00a0<span class=\"removed_link\" title=\"http:\/\/www.latimes.com\/news\/nationworld\/world\/la-fg-kadafi-money-20111022,0,5740812.story\">LA Times<\/span>.<\/p>\n<p>How did he get so rich?<\/p>\n<p>&#8220;King of Kings&#8221; Qaddafi had uncontested personal control over the largest oil reserves in Africa for the past 41 years.<\/p>\n<p>Unlike Abdullah and other oil-rich leaders, Qaddafi invested little money in national infrastructure like schools and hospitals or any kind of economic diversification. What money Qaddafi did spend went largely to buy support from African leaders.<\/p>\n<p>While much of this money was held by government institutions like the Central Bank of Libya and the Libyan Investment Authority, Qaddafi was able to withdraw money at will.<br \/>\nBusiness Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Muammar Qaddafi\u00a0was three times as rich as\u00a0Carlos Slim\u00a0and ten times richer than\u00a0King Abdullah\u00a0of Saudi Arabia \u2014 easily the richest man in the world. Qaddafi was supposedly worth over $200 billion with assets in bank accounts, real estate and corporate investments around the world. This staggering new estimate comes from senior Libyan officials and seems to [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":45824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[612,922],"tags":[7374,7375,7373,5219],"class_list":["post-45823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-libya","category-world","tag-carlos-slim","tag-king-abdullah","tag-muammar-qaddafi","tag-qaddafi"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/45823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=45823"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/45823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/45824"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=45823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=45823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=45823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}