Billionaire Profile
Taha Mikati
Global Rank
#1215

Image: Public domain | via Wikimedia Commons

Taha Mikati

CEO, M1 Group
LB
Real-Time Net Worth
$3.3B
As of December 2025
Age
80
Source
Telecom
Industry
telecom
Citizenship
LB

Biography

Taha Mikati, a prominent figure in the Telecom industry, is a Lebanese billionaire businessman and philanthropist. Co-founder of the M1 Group and Investcom, he built his wealth through strategic ventures in telecommunications and construction. Born in 1944, Mikati's career includes founding the Arabian Construction Company (ACC) and co-founding Investcom, which was later sold to MTN Group. His estimated net worth is $3.3 billion. Mikati is known for his philanthropic work through the Mikati Foundation.

Wealth Over Time

In-Depth Profile

Early Life

Taha Mikati was born in Tripoli, North Lebanon, in 1944. His academic journey began at the International College, followed by a Bachelor's degree from the American University of Beirut.

Rise to Success

Mikati's entrepreneurial career began in 1979 with the founding of the Arabian Construction Company (ACC) in Abu Dhabi. ACC grew into a major construction firm in the Middle East. In the 1980s, he co-founded Investcom with his brother Najib Mikati, a pivotal move that shaped his future. Investcom played a key role in the development of the telecommunications sector in Lebanon and the region. The company expanded operations across Africa and the Middle East. Investcom went public on the London Stock Exchange in 2005 and was later acquired by MTN Group in 2009.

Key Business Strategies

Mikati's success stems from his strategic approach to business. His early focus on construction and engineering laid the foundation for his later ventures. Co-founding Investcom during the Lebanese civil war showcased his ability to identify and capitalize on opportunities. Investcom's expansion into Africa was a crucial step in building a substantial customer base and increasing revenue.

Philanthropy

Taha Mikati is recognized for his philanthropic efforts through the Mikati Foundation. The foundation focuses on improving welfare and development in the developing world, particularly in the Arab World and Africa. These initiatives highlight Mikati's commitment to social responsibility and community development.

Career Milestones

1979

Founded Arabian Construction Company (ACC)

Established ACC in Abu Dhabi, which became one of the largest construction companies in the Middle East.

1980s

Co-founded Investcom

Co-founded Investcom with his brother Najib Mikati, a Lebanese telecom operator.

2005

Investcom IPO

Investcom went public on the London Stock Exchange.

2009

Investcom Sold

MTN bought the Mikatis' stake in Investcom for $3.6 billion.

Philanthropy & Social Impact

Social Initiatives

Mikati Foundation

Undisclosed

Supports various social and educational initiatives.