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]

Died6 August 2020(2020-08-06) (aged 85)[2]

Bluffton, South Carolina, US

NationalityFrench, Lebanese
OccupationBusinessman
Known forowner donation seven InterContinental hotels
Children4

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]

References