Tags: libyan first lady

Report: Libyan First Lady Has $900 Million in Gold

Monday, 07 Mar 2011 03:04 PM


Since the start of the Libyan revolution on Feb. 17, Libya’s first lady Safia Farkash has not been in the limelight unlike her Tunisian and Egyptian counterparts even though she is known for her enormous wealth and considerable influence, Al Arabiya reports.

Safia Farkash owns an airline company called Buraq Air headquartered in the Mittiga International Airport in the Libyan capital Tripoli. Farkash operates the company with the approval of her husband even though it is a rival of the Libyan national carrier and monopolizes the transfer of Libyan pilgrims.

Reports of Farkash’s wealth are varried, but one of the most widely-circulated reports suggests that the first lady owns 20 tons of gold, about $900 million.

News of Farkash’s wealth is in line with the Wiki Leaks documents which stated that Gaddafi is the head of a family that is powerful and rich, yet divided and dysfunctional.

Read the entire story at alarabiya.net





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libyan first lady
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2011-04-07
Monday, 07 Mar 2011 03:04 PM
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