Taha Mikati

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Name
Taha Mikati
Net Worth
2.8 Billion USD
Birth Date
1 January 1945
Age
79
Country
Lebanon
City
Beirut
Business
Telecom

Taha Mikati is a prominent Lebanese billionaire recognized for his significant contributions to the telecommunications and investment sectors. Born in 1944 in Tripoli, Lebanon, Taha Mikati, along with his brother Najib Mikati, co-founded Investcom in 1982. Investcom started as a telecommunications provider focusing on the Middle East and Africa, pioneering mobile networks in countries like Syria, Ghana, and Liberia.

Under Taha Mikati's leadership as co-founder and Chairman, Investcom expanded rapidly, capitalizing on the growing demand for mobile telecommunications services in emerging markets. The company's success led to its listing on the London Stock Exchange in 2005. Later, in 2006, the Mikati brothers sold Investcom to the South African telecommunications giant MTN Group for a substantial sum, marking one of the largest acquisitions in the Middle East telecommunications sector at the time.

Following the sale of Investcom, Taha Mikati has continued to pursue investments across various industries, including real estate and finance. His entrepreneurial acumen and strategic investments have solidified his reputation as a savvy businessman and investor in the Middle East and beyond.

Beyond his business ventures, Taha Mikati is known for his philanthropic activities. He has been involved in supporting educational initiatives and healthcare projects in Lebanon, contributing to social welfare and community development.

Taha Mikati's entrepreneurial journey and contributions to telecommunications and investment sectors highlight his role as a significant figure in Lebanon's business landscape. His success with Investcom and subsequent investments underscore his ability to identify and capitalize on lucrative opportunities, shaping his legacy as a respected entrepreneur and philanthropist.

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