Success stories of Palestinian achievers from all over the world

Munib Masri

Munib Masri

Sector : Business, Businessmen

Personal Info

  • Country of residence: Palestine
  • Gender: Male
  • Born in: 1934
  • Age: 82
  • Curriculum vitae :

Information

Munib Rashid al-Masri, also known as the "Duke of Nablus", "the Godfather", and the "Palestinian Rothschild" (b. 1934), is a Palestinian industrialist, statesman, and patriarch of the al-Masri family, currently serving as chairman of the Edgo Group, a multinational energy and engineering conglomerate, and of PADICO, a holding company which controls thirty-five companies spanning industries as diverse as telecommunications, construction, tourism, energy, banking and other finance, and agriculture. al-Masri is widely described as the world's richest Palestinian, with personal holdings that reportedly account for a third of the Palestinian economy.
 
Relatives of his include his cousin and fellow billionaire, Arab Bank and Paltel chairman Sabih al-Masri, and nephews, developer Bashar Masri, and Jordanian former prime minister Taher al-Masri. al-Masri was born in Nablus in 1934. He attended the an-Najah National University and graduated from the University of Texas in the United States. He was involved in establishing the al-Quds University.
 
His wealth is rooted in the oil and gas business, but much of his investments fall under the Edgo Group, his holding company based in London which operates in contracting, industrial development, trading, distribution and representation, project development, operation and maintenance. al-Masri is also the head of the Padico investment holding group, which controls 35 companies that include telecommunications (such as the Jawal mobile operator), construction, tourism (the Intercontinental Hotel Group), energy, environment, banking, finance and agriculture.
 
Between 1998 and 2000 he built a house which he named Beit Falasteen or "House of Palestine", inspired by Andrea Palladio, near Nablus. He is married to Angela Masri and has four sons, Rabih, Mazen, Omar and Leith, and two daughters Mai Masri and Dina.



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