LeaderPortfolio
Hariri
Bahaa Hariri
Rank #1845
LEBANONDiversifiedReal estate, investments

Bahaa Hariri

Net Worth
$2.271B
0% (24h)
Bahaa El-Dine Rafic Al-Hariri, born in 1966, is a Lebanese-Saudi billionaire businessman. As the eldest son of the late Rafic Hariri, a former Lebanese Prime Minister, he inherited significant wealth and has built a successful career in real estate and investments. His source of wealth is primarily derived from real estate and investments. Bahaa is the founder and chairman of Horizon Group, a real estate holding company with projects across Lebanon, Jordan, and Saudi Arabia. He is the majority owner of Globe Express Services, a logistics company with a global presence. Bahaa Hariri has dedicated himself to philanthropic endeavors through the Bahaa and Hassnah Hariri Foundation, focusing on sustainable development and community initiatives. His career has been marked by successful ventures in the business sector and a commitment to Lebanon’s development. Currently, his estimated net worth is 2.3 billion USD. He resides in Geneva, Switzerland.

The Full Dossier

Early Life

Bahaa El-Dine Rafic Al-Hariri was born on April 26, 1966, in Jeddah, Saudi Arabia. He is the eldest son of Rafic Hariri, a prominent Lebanese businessman and politician who later became the Prime Minister of Lebanon. His upbringing in Saudi Arabia exposed him to a business-oriented environment, influencing his future career path. He received his early education at Collège des Frères Maristes in Sidon, Lebanon, and later pursued higher education in the United States.

Rise to Success

Bahaa Hariri earned a Master of Business Administration (MBA) from Boston University in 1990. After completing his studies, he worked with the family's construction and development company, Saudi Oger Ltd. He founded Horizon Group in 2002, a real estate holding company focused on property investment and development, which became a core component of his wealth. Horizon Group has undertaken major projects in Lebanon, Jordan, and Saudi Arabia, including the Abdali district revitalization in Amman.

Key Business Strategies

Horizon Group's key strategy involves urban regeneration and mixed-use projects, often partnering with local governments. The company has a focus on commercial and mixed-use developments, such as the ABC Verdun shopping center in Beirut. Hariri's diversified business interests include ownership of Globe Express Services, a logistics company operating worldwide. He is also a proponent of anti-corruption measures in Lebanon.

Philanthropy

Bahaa Hariri is involved in philanthropy through the Bahaa and Hassnah Hariri Foundation, supporting initiatives for sustainable development, job creation, and relief efforts in Lebanon. He has also donated $15 million to Boston University to establish the Rafik Hariri Institute for Computing and Computational Science and Engineering. The Hariri family also has the Hariri Foundation, founded by Rafic Hariri in 1979, which focuses on education, social welfare, and reconstruction efforts.

Career Timeline

2010

Pledged to Boston University

Pledged $15 million to establish the Rafik Hariri Institute for Computing and Computational Science and Engineering.

2008

Sold Saudi Oger Stake

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

2002

Founded Horizon Group

Founded Horizon Group, a real estate holding company.

1990

MBA from Boston University

Earned a Master of Business Administration from Boston University.

Philanthropic Impact

Education$15M

Rafik Hariri Institute

Donated $15 million to establish the Rafik Hariri Institute for Computing and Computational Science and Engineering.

Sustainable DevelopmentUnknown

Bahaa and Hassnah Hariri Foundation

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

Wealth Trajectory