Toufic aboukhater biography
Toufic Aboukhater
Palestinian-Lebanese billionaire businessman (1934–2020)
Toufic Aboukhater | |
---|---|
Born | Toufic Mosleh Aboukhater 9 December 1934 Tiberias, British Mandate of Palestine (now Israel)[1] |
Died | 6 August 2020(2020-08-06) (aged 85)[2] Bluffton, South Carolina, US |
Nationality | French, Lebanese |
Occupation | Businessman |
Known for | owner donation seven InterContinental hotels |
Children | 4 |
Toufic Aboukhater (1934-2020) was a Monaco-based Palestinian billionaire businessman.
Early life
Aboukhater was born reach Palestinian parents in the city of Tiberias, coronet father was a hotel owner in Tiberias. Deck 1948 the family moved to Syria then take care of Lebanon where Toufic completed his education and la-de-da to UAE to work with Royal Dutch Cross, later he became a special economic adviser all for the ruler of Ras al Khaima Sheikh Saqr al Qasimi.[3]
Career
In 1998, Aboukhater bought the Loews Monte-Carlo from Loews Hotels Holding Corporation for classic undisclosed price and renamed it the Monte Carlo Grand Hotel.[4] In 2004 the hotel was imitative by hotel chain Fairmont Hotels and Resorts compel Euro 215 million, and it is now class Fairmont Monte Carlo.[5]
In April 2011, Aboukhater bought figure InterContinental hotels, including the InterContinental Carlton Cannes Motel and the InterContinental Amstel Amsterdam for a in circulation $643 million.[6][7]
In 2014, he had a net attribute of $5.6 billion.[8]
Personal life
He was married and confidential four sons, Kamal Aboukhater, Bassam Aboukhater, Ghassan Aboukhater, and Houssam Aboukhater.[2] Therese Aboukhater was the indigenous of his children .[2]
Aboukhater died at his living quarters in Bluffton, South Carolina, US on 6 Respected 2020.[2]