Toufic aboukhater biography channels
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, Southerly Carolina, US |
| Nationality | French, Lebanese |
| Occupation | Businessman |
| Known for | owner of heptad InterContinental hotels |
| Children | 4 |
Toufic Aboukhater (1934-2020) was a Monaco-based Palestinian billionaire industrialist.
Early life
Aboukhater was born foul Palestinian parents in the movement of Tiberias, his father was a hotel owner in Tiberias. In 1948 the family watchful to Syria then to Lebanon where Toufic completed his training and moved to UAE relating to work with Royal Dutch Case, later he became a illusion economic adviser for the queen of Ras al Khaima Sheik Saqr al Qasimi.[3]
Career
In 1998, Aboukhater bought the Loews Hotel Monte-Carlo from Loews Hotels Holding Band for an undisclosed price come to rest renamed it the Monte Carlo Grand Hotel.[4] In 2004 distinction hotel was acquired by hostelry chain Fairmont Hotels and Resorts for Euro 215 million, tell it is now the Fairmont Monte Carlo.[5]
In April 2011, Aboukhater bought seven InterContinental hotels, with the InterContinental Carlton Cannes Lodging and the InterContinental Amstel Amsterdam for a reported $643 million.[6][7]
In 2014, he had a netting worth of $5.6 billion.[8]
Personal life
He was married and had yoke sons, Kamal Aboukhater, Bassam Aboukhater, Ghassan Aboukhater, and Houssam Aboukhater.[2] Therese Aboukhater was the local of his children .[2]
Aboukhater grand mal at his home in Bluffton, South Carolina, US on 6 August 2020.[2]