How did Mubarak make his money?

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2026-07-07 00:50

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Hosni Mubarak, the former president of Egypt, primarily accumulated wealth through a combination of his political career and business ventures. After rising through the military ranks, he became president in 1981, during which he and his family reportedly engaged in corrupt practices, including bribery and embezzlement. Additionally, his connections to various business enterprises and the privatization of state assets allowed him to amass significant wealth. His regime was often criticized for fostering a culture of corruption, benefitting a small elite while neglecting broader economic development.

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