Saddam Hussein Net Worth, Wiki Bio, Source Income, Salary, Earnings, Nationality, Age

Wiki Biography of Saddam Hussein

Saddam Hussein Abd al-Majid al-Tikriti was born in Al-Awjah, Iraq, on April 28, 1937, and died in Baghdad on December 30, 2006. He was a politician who served as the fifth President of Iraq from 1979 to 2003, and was a leading member of the revolutionary Arab Socialist Ba’ath Party and the Baghdad-based Ba’ath Party. He was executed in 2006 for crimes against the Shi’ite community.

Have you ever wondered what Saddam Hussein’s net worth was? Saddam Hussein’s net worth was estimated to be $2 billion, according to authoritative sources. Obviously, the majority of his wealth came from his successful political career, particularly after he was named President of Iraq and effectively controlled the economy.

Saddam Hussein has a net worth of $2 Billion dollars

Saddam Hussein was born to Hussein ‘Abid al-Majid and his wife Subha Tulfah al-Mussallat in the village of Al-Awja, near Tikrit, in north-central Iraq. His family was a shepherding family. In the Arabic language, the name “Saddam” means “the one who faces.” Saddam’s father abandoned the family when he was a baby, and after his older brother died of cancer, he was left alone with his mother, who later remarried, so he moved to Baghdad and was reared by his uncle, politician Khairallah Talfah.

He attended a nationalistic high school in Baghdad under the influence of his uncle before enrolling at Cairo Law School. He never graduated, according to accounts, because he dropped out of school in 1957 to join the revolutionary pan-Arab Ba’ath Party, which included his uncle as a supporter. He did, however, go on to Baghdad Law College to further his education.

Two years after joining the Ba’ath Party, members attempted to assassinate Iraqi President Abd al-Karim Qasim; however, their attempt failed, and Saddam fled to Syria, then Egypt.

Saddam returned to Iraq after the president was toppled in the Ramadan Revolution, but was quickly detained due to internal Ba’ath Party feuds. Despite being imprisoned, Saddam remained active in politics and gradually rose through the ranks. By 1966, he had risen to the position of deputy secretary of the Regional Command, marking the start of his reign.

Saddam was a part of the Ba’athist coup that succeeded two years later, when Ahmed Hassan al-Bakr was elected president of Iraq and appointed Saddam as his deputy. Saddam gradually earned the president’s trust and was given more and more serious decision-making authority, eventually rising to the position of real political power, to the point where, in 1979, when Ahmed Hassan al-Bakr attempted to unite Iraq and Syria, Saddam turned against him and the latter resigned as president.

Saddam’s net wealth began to rise substantially after then, and it continued to rise until the end of his regime in 2003. In those years, his presidency was the main source of his net worth, especially since any resistance was removed with an estimated loss of 250,000 Iraqis.

However, in 2003, he was deposed when then-US President George W. Bush, along with British Prime Minister Tony Blair, orchestrated an invasion of Iraq, accusing Saddam of collaborating with the terrorist organization Al-Qaeda and possessing weapons of mass destruction. As a result, when he was finally apprehended/arrested, he was condemned to death by hanging, and on December 30, 2006, he was hanged.

Saddam Hussein’s personal life included three wives and a polygamous marriage. His first wife was Sajida Talfah (m. 1958), his uncle’s daughter, with whom he had five children. He married his second wife, Samira Shahbandar, in 1986, and his third wife, Nidal al-Hamdani, the general manager of the Solar Energy Research Center, in 1990.