BillionaireNet
Hariri
Bahaa Hariri
Rank #1933
LEBANONreal-estateReal estate, investments

Bahaa Hariri

Net Worth
$2.009B
0% (24h)
Bahaa Hariri, born April 26, 1966, is a Lebanese-Saudi billionaire businessman with a current net worth of $2.0 billion as of 2024. His wealth primarily stems from real estate and investments. The eldest son of the assassinated former Lebanese Prime Minister Rafic Hariri, Bahaa is the founder and chairman of Horizon Group, a real estate holding company, and the majority owner of Globe Express Services, a global logistics company. Bahaa holds a Bachelor of Arts/Science from Boston University and is known for his philanthropic activities. His career has included significant investments in Jordan and the revitalization of the Abdali district in Amman.

The Full Dossier

Early Life

Bahaa El-Dine Rafic Al-Hariri was born on April 26, 1966, in Saudi Arabia. He is the eldest son of the late Lebanese Prime Minister Rafic Hariri. He spent his early years in Saudi Arabia.

Rise to Success

Bahaa Hariri graduated from Boston University with a Bachelor of Arts/Science and later earned a Master of Business Administration from the same institution. He initially worked for his family's construction business, Saudi Oger Ltd. However, Bahaa later founded the Horizon Group in 2002, a real estate holding company with investments in Lebanon, Jordan, and Saudi Arabia. He is also the majority owner of Globe Express Services, a logistics company operating in over 100 countries.

Key Business Strategies

Bahaa Hariri's business strategy involves strategic investments in real estate, particularly in the Middle East. He played a key role in the revitalization of the Abdali district in Amman, Jordan. His focus on logistics through Globe Express Services has also been a significant aspect of his business ventures.

Philanthropy

Bahaa Hariri is known for his philanthropic activities, including donations to the Lebanese American University Medical Center (LAUMC) for COVID-19 vaccination efforts. He has also supported the Rafik Hariri Institute for Computing and Computational Science & Engineering at Boston University. Bahaa and his wife founded the Bahaa and Hassnah Hariri Foundation, focusing on relief response, job creation, and cultural heritage in Lebanon.

Career Timeline

2022

Entered Lebanese Politics

Declared intent to reclaim the country from entrenched corruption and continue his father's reformist legacy.

2017

Launched ABC Verdun

Launched "ABC Verdun," a shopping mall in Beirut, through a joint development between his real estate company Verdun 1544 and ABC.

2011

Inaugurated Rafik Hariri Center

Inaugurated the Rafik Hariri Center for the Middle East at the Atlantic Council in Washington DC.

2010

Pledged to Create Institute

Pledged to create the Rafik B. Hariri Institute for Computing and Computational Science & Engineering at Boston University.

2008

Sold Stake in Saudi Oger

Sold his stake in the family construction business, Saudi Oger, to his brother Saad Hariri.

2002

Founded Horizon Group

Established Horizon Group, a real estate holding company with investments in Lebanon, Jordan, and Saudi Arabia.

Philanthropic Impact

Healthcare$XB

LAUMC COVID-19 Vaccination Campaign

Donated to the Lebanese American University Medical Center (LAUMC) to aid its COVID-19 vaccination campaign

Education$15M

Rafik Hariri Institute at Boston University

Donated to establish the Rafik Hariri Institute for Computing and Computational Science & Engineering at Boston University

Community DevelopmentUndisclosed

Bahaa and Hassnah Hariri Foundation

Supports sustainable development, job creation, and relief efforts in Lebanon

Relief ResponseUndisclosed

Lebanese Red Cross

Donated oxygen concentrators

Wealth Trajectory