Issam Fares: Difference between revisions
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Fares has donated over a billion US dollars to various political, educational and philanthropic institutions.<ref>{{Cite web|url=https://www.superyachtfan.com/yacht/wedge-too/owner/|title = ISSAM FARES • Net Worth $2 Billion • House • Yacht • Private Jet}}</ref> |
Fares has donated over a billion US dollars to various political, educational and philanthropic institutions.<ref>{{Cite web|url=https://www.superyachtfan.com/yacht/wedge-too/owner/|title = ISSAM FARES • Net Worth $2 Billion • House • Yacht • Private Jet}}</ref> |
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Fares is married to Hala Fares.<ref>[http://www.superyachtfan.com/superyacht_wedge_too.html "Superyacht Wedge Too"], ''Super Yacht Fan''. Accessed 5 April 2016.</ref> |
Fares is married to Hala Fares.<ref>[http://www.superyachtfan.com/superyacht_wedge_too.html "Superyacht Wedge Too"], ''Super Yacht Fan''. Accessed 5 April 2016.</ref> They have a son and daughter. |
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Their daughter Noor Fares is a jewelry designer, married the artist Alexandre Al Khawam in 2015, and lives in [[Belgravia]], London.<ref name="W magazine">{{cite news |last1=Nelson |first1=Kari |title=At Home, Noor Fares Combines Sophistication with a Personal Touch |url=https://www.wmagazine.com/story/noor-fares-london-home |accessdate=28 December 2019 |work=W magazine |date=11 August 2016}}</ref> |
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Their son Nijad Fares is married to Zeina, and they live in Houston, Texas, US.<ref name="Mansion Global">{{cite news |last1=Taylor |first1=Candace |title=Houston Home Built for a Prince Asks $20 Million |url=https://www.mansionglobal.com/articles/in-miami-there-are-too-many-condos-and-not-enough-foreign-buyers-128261 |accessdate=28 December 2019 |work=Mansion Global |date=6 July 2017}}</ref> |
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==References== |
==References== |
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Revision as of 22:19, 16 May 2023
Issam Fares | |
|---|---|
| Born | Issam Michael Fares 1937 (age 86–87) |
| Education | Tripoli College |
| Occupation(s) | Businessman, politician |
| Spouse | Hala Fares |
Issam Fares (born 1937) is a Lebanese businessman, a former member of the Lebanese Parliament and deputy prime minister of Lebanon.
In 1954, at the age of seventeen, Fares left his homeland and found a job as a clerk at a catering and food services firm in Qatar. Two years later, he was heading Abela Group’s finances and subsequently managing its operations in Pakistan, Kuwait, Iran and Saudi Arabia.[citation needed]
At age 38, Fares established a civil engineering and construction firm, which subsequently completed many notable projects including the world's longest international bridge, which connects Bahrain to Saudi Arabia.[1]
He sold the company to British Aerospace, and used the proceeds to buy the US-based investment firm, Wedge Group, a company that he heads today.[2]
Early life
Issam Michael Fares was born in Tripoli, Lebanon, in 1937.[3][4] He was educated at Tripoli College, and graduated in 1954.[3]
Career
In the general elections of 2000, Fares won the seat of Akkar, the first district of the North Lebanon.[5] He served as deputy prime minister of Lebanon from 2000 to 2005.[6]
The Fares Center for Eastern Mediterranean Studies at Tufts University, and the Issam Fares Institute for Public Policy and International Affairs at the American University of Beirut (AUB) are named after him.
He operates WEDGE Group, which is based in Houston, Texas, US.[7]
Personal life
Issam Fares owns one of the 200 largest superyachts in the world, the Wedge Too. It has a length of 65m (213’25") and was designed by Philippe Starck. It was built in 2002 in the Netherlands.[8]
Fares has donated over a billion US dollars to various political, educational and philanthropic institutions.[9]
Fares is married to Hala Fares.[10] They have a son and daughter.
References
- ^ "Rich List-Issam Fares", Arabian Business - Rich List, 10 December 2008. Accessed 22 March 2016.
- ^ "Arabian Business Rich List 2010". Arabian Business. Retrieved 2015-11-27.
- ^ a b "Issam Michael Fares: Chairman, Wedge Group". Wedge Group. Retrieved 28 December 2019.
- ^ Who's Who in Lebanon (19th ed.). Beirut: Publitec Publications. 2007. p. 127. doi:10.1515/9783110945904.476. ISBN 978-3-598-07734-0.
- ^ "Opposition Candidates Win Elections". APS Diplomat Recorder. 9 September 2000. Retrieved 10 March 2013.
- ^ "Arabian Business Rich List 2010". Arabian Business. Retrieved 3 October 2012.
- ^ "Issam M Fares, Wedge Group Inc: Profile and Biography". Bloomberg News.
- ^ "Top 200 largest yachts". Boat International. Retrieved 2015-11-27.
- ^ "ISSAM FARES • Net Worth $2 Billion • House • Yacht • Private Jet".
- ^ "Superyacht Wedge Too", Super Yacht Fan. Accessed 5 April 2016.
External links
| International | |
|---|---|
| National | |
- 20th-century Lebanese businesspeople
- 21st-century Lebanese businesspeople
- 1937 births
- Living people
- Members of the Parliament of Lebanon
- Deputy prime ministers of Lebanon
- Eastern Orthodox Christians from Lebanon
- Commanders of the Legion of Honour
- Knights of St. Gregory the Great
- Recipients of the Order of the Phoenix (Greece)
- Recipients of the Order of Prince Yaroslav the Wise
- Grand Officers of the National Order of the Cedar
- Recipients of the Order of Saint Ignatius of Antioch
- People from Tripoli, Lebanon