Monday , December 23 2024

200 tons of gold, 16 billion dollars…former Syrian President Assad has ‘inexhaustible’ wealth

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Bashar al-Assad Net Worth: Amid the civil war in Syria, President Bashar al-Assad has fled the country and sought political asylum in Russia. Russian media has reported that Assad and his family are in Moscow. It is being said that he has taken several kilos of gold with him to Russia. Talking about his wealth, he has 200 kg of gold, a collection of luxury cars and a large amount of dollars and euros.

Bashar al-Assad’s father was also president for 30 years

The Assads are one of the most influential families in Syria. Before his 24-year reign, his father had also been president for 30 years. It is claimed that he also has a lot of property in Russia. In such a situation, it is believed that they will live a luxury lifestyle there too.

Assets worth about two billion dollars in Russia

Bashar Assad is currently in Russia with his wife Asma, daughter Zain and sons Hafez and Karim. Israeli media reports claim that the Assad family has assets worth about two billion dollars in Russia. Assad also owns several luxury apartments in Moscow.

Assad’s investment in Moscow real estate

According to the report, Assad and his wife have an estimated net worth of $2 billion invested in separate bank accounts, shell companies and real estate. Assad’s family owns at least 20 apartments in Moscow worth $40 million. All these apartments are in posh areas. In such a situation, Asad can live in one of these apartments or in some safe place given to Puti.

Assad family has 200 tons of gold

There is a lot of speculation regarding the wealth of Bashar al-Assad family. British intelligence claimed that the entire family owned 200 tons of gold, 16 billion dollars and 5 billion euros. This wealth is equivalent to Syria’s seven-year national budget based on 2023 data.

According to reports, Bashar al-Assad had a drug network in Syria which included a drug named ‘Captagnut’, which earned billions of dollars for the Assad government. Many reports have claimed that 80% of the world’s production of this drug takes place in Syria alone. Syria is also its biggest exporter and the Assad government used to earn 5 billion dollars annually from it.

It is said that the assets of the Assad family are between one and two billion dollars.

The US State Department’s 2022 report on the wealth of the Assad family puts the family’s net worth between one and two billion dollars. Most of the assets are believed to be in offshore accounts, real estate holdings and shell companies.