Michel Chalhoub (9 October 1931 – 30 July 2021) was a Syrian-French billionaire,[1] and founder of the Chalhoub Group. As of August 2021, his net worth was estimated at US$1.1 billion.[2]
Early life
Michel Chalhoub was born in Damascus, Syria, in 1931.
Career
Michel and Widad Chalhoub started their business in Damascus in 1955. After the successful military coup of Syria and the economic uncertainty, they were compelled to move to Beirut.[3] A decade later, due to the Lebanese Civil War, they relocated to Kuwait where the company flourished and their sons, Anthony and Patrick, joined the Group.
In 1990, after the