Mubaraks' Loot, Ctd

by Patrick Appel

Issandr El Amrani doesn't buy this estimate:

Egypt's GDP in 2009 was around $180bn. The Mubaraks are not worth a third of Egypt's GDP, OK? Besides, Mubarak operated through front-men (such as the one handling the Israel gas deal) so I don't see how this accounting can be so easily done. But no way he's richer than Bill Gates. Don't believe the hype.