Ghaith Pharaon
Encyclopedia
Ghaith Rashad Pharaon, (born September 7, 1940 in Riyadh, Saudi Arabia, or by varying accounts, Jeddah or Onaira) is a prominent Saudi businessman and financier.
for his involvement in the BCCI
scandal.
and Pharaon Groups and maintains his interest in the Janna Spa & Resort.
racing.
Background
Pharaon was a key player in the global oil and banking industries in the 1970s and 1980s (and at one time, the No. 2 Saudi investor in the United States), and is currently still active and a prominent player in Saudi Arabia, Pakistan, Algeria, Jordan, and elsewhere.White-Collar Fugitive
Pharaon was listed on Forbes The World's 10 Most WantedThe World's 10 Most Wanted
The World's Most Wanted Fugitive is a list published by the American publishing and media company Forbes. The list contains ten fugitives that Forbes, with the help of international law enforcement agencies, deems as the world's most wanted. The list was first published in April 2008...
for his involvement in the BCCI
Bank of Credit and Commerce International
The Bank of Credit and Commerce International was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg with head offices in Karachi and London. Within a decade BCCI touched its peak...
scandal.
Current activities
Pharaon's currently works with the AttockAttock Group of Companies
The Attock Group of companies is engaged in oil exploration, production, refining, manufacturing of petroleum products, chemicals, manufacturing and trading of cement, real estate, and other sectors...
and Pharaon Groups and maintains his interest in the Janna Spa & Resort.
Hobbies
The extremely wealthy and camera-shy Pharaon is known to be quite fond of cigars, and in recent years has taken a keen interest in speedboatMotorboat
A motorboat is a boat which is powered by an engine. Some motorboats are fitted with inboard engines, others have an outboard motor installed on the rear, containing the internal combustion engine, the gearbox and the propeller in one portable unit.An inboard/outboard contains a hybrid of a...
racing.
External links
- http://web.archive.org/web/*/http://www.pharaon.com/ - snapshots of Pharaon's site at the Wayback Machine
- http://www.techmati.com/yachts/pharaon/index.htm - Le Pharaon photoblog at yachtmati.com, non-functioning