Taha Mikati Net Worth

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

Taha Mikati is a Lebanese businessman known for building telecom and investment companies with his brother Najib. He founded Arabian Construction Company in 1979 and later helped launch Investcom and M1 Group. His career moved from construction into mobile communications and then into a wider holding company model. Over time, he became known for combining telecom deals with investments in retail and major city real estate.

His wealth grew from telecom. In 1982, he and Najib founded Investcom and started by selling satellite phones in Beirut during Lebanon's civil war. Forbes says he bought satellite phones and sold them to friends and associates for $50,000 apiece. The business later expanded across Africa, where Investcom built cellphone towers in countries including Ghana, Liberia, and Benin. That regional growth helped turn Investcom into a much larger company.

How Taha Mikati built his fortune

A big part of Mikati's fortune came from creating and growing telecom businesses. Investcom became the key early vehicle. After starting with satellite phone sales, the company expanded into mobile infrastructure in Africa. That gave it a footprint beyond Lebanon and helped raise its profile in international markets. In 2005, Investcom went public on the London Stock Exchange, a major step that turned years of expansion into a public company story.

Another important piece is M1 Group, the Beirut-based holding company he cofounded. Forbes notes that M1 Group holds stakes in South African telecom firm MTN, fashion retailer Pepe Jeans, and prime real estate in New York, London, and Monaco. Those assets show how his business interests moved beyond one telecom operator into a broader mix of investments. His son Azmi now serves as CEO of M1 Group, while Mikati remains closely tied to its long-term portfolio.

Key money milestones

One of the biggest money events came in 2009, when South Africa's MTN bought the Mikatis' stake in Investcom for $3.6 billion, according to Forbes. That deal followed the 2005 London listing and marked the payoff from the company's telecom buildout. It also linked the family more closely to MTN, which remains part of the M1 Group investment picture. The path from satellite phones to a multibillion-dollar exit is central to understanding his wealth.

Forbes has tracked Mikati's fortune for years, and its latest estimate puts him at $3.8 billion on the real-time billionaires tracker as of October 20, 2026. That figure follows earlier Forbes estimates of $2.5 billion in 2019, $2.2 billion in 2020, and $3.2 billion in 2022. The changes match a fortune tied to business stakes and investment holdings across telecom, retail, and prime real estate rather than a single operating company.