Go Finance Reporting in JAKARTA - Osama Bin Laden had been killed at the hands of U.S. military operations. Many people judge, killing terrorists left the ideology of jihad in various parts of the world.
The most wanted men on the World Trade Center tragedy of 11 September 2001, currently has a stake in the Bin Laden Corporation. He is the holder of 13 percent shares of the company.
Initially, the value of ownership in family firms is equivalent to $ 80 million. But, the value of those shares increases in some time to USD250 million.
As quoted from sourcewatch.org, Mohamed bin Laden, Osama's father is the founder of the Bin Laden Group. The father has close contact with officials of Saudi Arabia. As a result of government projects had flowed freely.
The company is also growing rapidly by employing 35 thousand employees around the world. The value of this company was estimated to reach $ 5 billion in 2002. Mohamed has four wives and 52 children. When Mohamed died, Osama get a 13 percent stake in the company, worth $ 80 million.
Since its founding in 1950, Bin Laden Group has experienced several transformations. Companies that initially only focus on Saudi Arabia, to expand its business into the Middle East.
Companies also avoid U.S. sanctions because there is the name of Bin Laden at the end of the name Osama. Although it is burdensome, Bin Laden's group has a healthy record. As a result, the family had cut off ties with Osama due to the terror acts.
Bin Laden Group has ownership stakes in several companies engaged in telecommunications, real estate and oil and gas. All projects were concentrated in the Arabian Peninsula, though so this company does have several branches in the United States (U.S.) and Europe. (GoFinance)
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