Who was Muammar Gaddafi and what is his net worth? Colonel Gaddafi aka Muammar Gaddafi was a renowned revolutionist, political theorist and politician in Libya. He had earned an exceptionally important position in the Libyan politics in the seventies. He had served the nationalism, socialism and politics throughout his lifetime. He had elected as the governor of Libya as the revolutionary chairman in 1969-1977. He was better known as the leader of his own Third International Theory in spite of ideologically devoted to the nationalism and socialism theories of Arab.
Colonel Gaddafi (1942-2011) was born to a poor Bedouin family near Sirte. Being illiterate his parents didn’t keep his birth record. His actual birth date is not known to us, researchers set up the date 1942-1943. His Bedouin root influenced him throughout the whole life. From the very childhood, he was aware of the nationalism and socialist activities. At the time of schooling in Sabha, he became a nationalist in Arab. At the school he was been bullied for being Bedouin. He used to stay in the Mosque in those days. To visit home, he had to walk down almost 20 miles. Later he enrolled himself in the Royal Military Academy of Benghazi. Actually, he was a gifted child from his childhood.
Gaddafi was interested in political activism from his childhood and school days. In the military academy, he founded a revolutionary cell. In the year of 1969, it deposed the Western-backed Senussi kingdom of Idris. After taking the power baton, Gaddafi tried to convert his country Libya into a Republican country by his own Revolutionary Council. He successfully evicted the both Italian and Western military from Libya. After that, he had strengthened his ties to the Arab nationalist government.
In 1977, Gaddafi had changed Libya into a different socialist state – Jamahiriya (“state of the masses”). Officially he was considered as the head of the government, but he remained the leader of the both Revolutionary Committee and military as well. During this era, a border confliction happened with Egypt and Chad. Supporting foreign militant, suspected liability for the Lockerbie bombing – all these activities left this new state in a complete isolation. After that, an antagonistic relationship had been developed with the United States, United Kingdom and Israel. As a result of this, the 1986 U.S. bombing of Libya happened. In 1997, Colonel Gaddafi rejected Arab socialism and simultaneously encouraged the economic privatisation.
Muammar Gaddafi Net Worth
New evidence has been presented by the Colonel Gaddafi researchers. Muammar Gaddafi may have had a net worth of $70 billion. If this statement is true, Gaddafi might be the richest person in history.
Gaddafi was an extremely strong personality in international political and social activities. In spite of his wrong decisions, he has tried something new for his people. Everyone will concur on this fact that coming from an illiterate Bedouin family he had achieved a lot. His revolutionary works had made him so famous worldwide.