Najib Mikati Net Worth

Najib Mikati has an estimated net worth of $3.8 billion, according to Forbes Real-Time Billionaires, Najib Mikati profile (figures as of October 20, 2026). That is up from $2.5 billion in 2019.

Najib Mikati is a Lebanese businessman and politician known for building a telecom fortune and serving as prime minister of Lebanon. He cofounded the Beirut-based investment firm M1 Group and earlier helped start Investcom with his brother Taha in 1982. His political career included terms as prime minister in 2005, from 2011 to 2014, and from 2021 to 2025. He also served as Minister of Public Works and Transport from 1998 to 2003.

His wealth grew mainly from telecom deals in emerging markets. Investcom began by selling satellite phones during Lebanon's civil war, then expanded into Africa and built cellphone towers in countries including Ghana, Liberia, and Benin. By 2005, the company had operations in 10 countries and went public on the London Stock Exchange. It also became the first stock to trade on the Dubai Financial Market. In 2009, South Africa's MTN bought the Mikatis' stake for $3.6 billion.

How Najib Mikati built his fortune

Mikati made his name in telecommunications. In 1982, he and his brother Taha founded Investcom. The business started with satellite phones during the height of Lebanon's civil war. Over time, the company moved into mobile services across emerging markets in Africa and the Middle East. It also built cellphone towers in places such as Ghana, Liberia, and Benin, turning a local startup into a regional telecom player.

Another key part of his business career is M1 Group, the Beirut-based investment firm he cofounded. A major turning point came in 2005, when Investcom went public on the London Stock Exchange in what Forbes says was the largest IPO of a Middle Eastern company in London. That same year, it became the first stock to trade on the Dubai Financial Market. In 2009, MTN bought the Mikatis' stake for $3.6 billion.

Forbes net worth snapshot

Forbes tracks Mikati in the telecom industry and describes him as self-made. Its estimates moved up and down over time. On the World's Billionaires List, Forbes put him at $2.5 billion in 2019, $2.1 billion in 2020, $2.5 billion in 2021, and $3.2 billion in 2022. The estimate then came in at $2.8 billion in 2023 and stayed at $2.8 billion in 2024 before rising again.

The latest Forbes figure is $3.8 billion on its real-time billionaires tracker as of October 20, 2026. Forbes also listed him at $3.1 billion on the 2025 World's Billionaires List and $3.8 billion on the 2026 list. The broad picture is that his wealth is tied to telecom, especially the value created through Investcom and the later expansion of M1 Group, while Forbes estimates changed from year to year.