Osama Bin Laden Net Worth at Death – Salary, Income, Earnings

Osama Bin Laden Net Worth 

Osama Bin Laden had a peak net worth of $100 million during his lifetime. Osama bin Laden is a terrorist extremist who planned September 11, 2001, attacks on the World Trade Center and is intent on driving Western influence from the Muslim world. The majority of his wealth was attributed to the fortune he inherited from his late father, Mohammed bin Laden, which was worth between $25 million and $30 million.

When the Soviet Union invaded Afghanistan in 1979, Osama bin Laden joined the Afghan resistance. Following the withdrawal of the Soviet Union, bin Laden established the al-Qaeda network, which carried out global attacks against Western interests, culminating in the September 11, 2001, attacks on the World Trade Center and the Pentagon. President Barack Obama announced on May 2, 2011, that bin Laden had been killed in a terrorist compound in Abbottabad, Pakistan.

To calculate the net worth of Osama Bin Laden, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Osama Bin Laden
Net Worth: $100 Million
Monthly Salary: $30 Thousand
Annual Income: $1 Million
Source of Wealth: Inheritance

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Early Life

Bin Laden was born on March 10, 1957, in Riyadh, Saudi Arabia, to construction billionaire Mohammed Awad bin Laden and Mohammed’s tenth wife, Syrian-born Alia Ghanem. Bin Laden was the seventh of Mohammad’s 50 children, but the only child of his father’s marriage to Alia Ghanem.

Bin Laden’s father began his professional life in relative poverty in the 1930s, working as a porter in Jeddah, Saudi Arabia. During his time as a young laborer, Mohammed impressed the royal family with his work on their palaces, which he built at a much lower cost and with a much greater attention to detail than any of his competitors could.

By the 1960s, he had secured several large government contracts to extend the Mecca, Medina, and Al-Aqsa mosques. He rose to prominence in Jeddah, and when the city faced financial difficulties, Mohammed used his wealth to pay all civil servants’ wages for the entire kingdom for a six-month period. As a result, Mohammed bin Laden gained a high level of respect in his community.

He was a strict father, insisting that all of his children live under one roof and follow a strict religious and moral code. He treated his children, particularly his sons, as adults and demanded that they develop confidence and self-sufficiency at a young age.

Bin Laden, on the other hand, barely knew his father before his parents divorced. Bin Laden’s mother took him to live with her new husband, Muhammad al-Attas, after his family split up. The couple had four children, and bin Laden spent the majority of his childhood living with his step-siblings and attending Al Thagher Model School, Jedda’s most prestigious high school at the time. His biological father married twice more before dying in a charter plane crash in September 1967.

Bin Laden was recognized as an outstanding, if somewhat shy, student at Al Thagher when he was 14 years old. As a result, he was personally invited to join a small Islamic study group in exchange for extra credit. Bin Laden and the sons of several prominent Jedda families were told that by the time they graduated from the institution, they would have memorized the entire Koran, a prestigious achievement. However, the group quickly lost its original focus, and it was during this time that bin Laden began to receive an education in some of the principles of violent jihad.

The teacher who educated the children, influenced in part by a sect of Islam known as The Brotherhood, began teaching his students about the importance of establishing pure Islamic law throughout the Arab world. Their teacher explained, using parables with often violent endings, that the most devoted followers of Islam would institute the holy word — even if it meant supporting death and destruction.

Bin Laden and his friends had openly adopted the attitude and styles of teen Islamic activists by the second year of their studies. At Al Thagher, they preached the importance of establishing pure Islamic law, grew untrimmed beards, and dressed in shorter pants and wrinkled shirts in imitation of the Prophet.

During his time at Al Thagher, Bin Laden was pushed to mature quickly. He married his first cousin, 14-year-old Najwa Ghanem, who had been promised to him, when he was 18. Bin Laden graduated from Al Thager in 1976, the same year he had his first child, Abdullah. He then went to King Abdul Aziz University in Jeddah, where he earned a degree in public administration in 1981, according to some sources. Others claim he earned a civil engineering degree in order to join the family business.

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From Hero to Exile

However, bin Laden would have little opportunity to put his degree to use. Bin Laden joined the Afghan resistance after the Soviet Union invaded Afghanistan in 1979, believing it was his duty as a Muslim to fight the occupation.

He moved to Peshawar, Afghanistan, and began training mujahideen, a group of Islamic jihadists, with assistance from the United States through the CIA program Operation Cyclone. After the Soviets left the country in 1989, bin Laden was hailed as a hero in Saudi Arabia, and the US referred to him and his soldiers as “Freedom Fighters.”

However, bin Laden was quickly dissatisfied with what he perceived to be a corrupt Saudi government, and his dissatisfaction with the United States’ occupation of Saudi Arabia during the Persian Gulf War resulted in a growing schism between bin Laden and his country’s leaders.

Bin Laden publicly criticized the Saudi government’s reliance on American troops, claiming that their presence desecrated sacred ground. The Saudis exiled bin Laden after several attempts to silence him. Beginning in 1992, he lived in exile in Sudan.

Formation of al Qaeda

By 1993, bin Laden had formed al Qaeda (Arabic for “the Base”), a secret network of militant Muslims he met while serving in Afghanistan. Soldiers were chosen for their ability to listen, good manners, obedience, and pledge to obey their superiors.

Their goal was to spread the jihadist cause around the world, redressing perceived wrongs in accordance with Islamic law. The group funded and began organizing global attacks under bin Laden’s leadership. After continuing to advocate for extremist jihad, the Saudi government forced bin Laden to give up his Saudi citizenship and confiscated his passport in 1994. His family also disowned him, removing his $7 million annual stipend.

Undaunted, bin Laden began carrying out his violent plans in order to draw the United States into a war. His hope was that the battle would unite Muslims and lead to the establishment of a single, true Islamic state.

To further his goal, al Qaeda detonated truck bombs against US-occupied forces in Saudi Arabia in 1996. The following year, they claimed responsibility for the deaths of tourists in Egypt, and in 1998, they bombed the US embassies in Nairobi, Kenya, and Tanzania, killing nearly 300 people.

The Sudanese government took note of Bin Laden’s actions abroad, and he was exiled from the country in 1996. Bin Laden was unable to return to Saudi Arabia and sought refuge in Afghanistan, where he was protected by the country’s ruling Taliban militia. While under Taliban protection, bin Laden issued a series of fatwas, or religious statements, declaring a holy war on the United States. Among the charges leveled against the offending country were the pillaging of natural resources in the Muslim world and assisting Islam’s enemies.

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9/11 Attacks

By 2001, bin Laden had attempted and often successfully carried out attacks on several countries, aided by al Qaeda-trained terrorists and seemingly limitless financial resources. On September 11, 2001, bin Laden would strike the United States with his most devastating blow.

In the United States, a small group of bin Laden’s al Qaeda jihadists hijacked four commercial passenger planes, two of which collided with the World Trade Center towers. Another plane collided with The Pentagon in Arlington, Virginia. A fourth plane was retaken successfully but crashed in Pennsylvania. The final aircraft’s intended target was thought to be the United States Capitol. In total, nearly 3,000 civilians were killed in the attack.

Following the September 11 attacks on the United States, President George W. Bush’s administration formed a coalition that successfully overthrew the Taliban. Bin Laden went into hiding and was pursued along the Afghanistan-Pakistan border for more than ten years. Bin Laden released a videotaped message claiming responsibility for the 9/11 attacks shortly before President Bush’s re-election in 2004.

Death

President Barack Obama announced on May 2, 2011, that bin Laden had been killed in a terrorist compound in Abbottabad, Pakistan. Bin Laden was shot multiple times as part of an eight-month plan enacted by the president and led by CIA Director Leon Panetta and American special forces.

His body was taken as proof of his death, and DNA tests revealed that it was, in fact, his body. “For more than two decades, bin Laden has been al Qaeda’s leader and symbol, continuing to plot attacks against our country, our friends, and our allies,” President Obama said in a late-night address to the nation on the eve of bin Laden’s death. “Bin Laden’s death represents the most significant achievement to date in our nation’s effort to defeat al Qaeda.” “His demise should be welcomed by all who believe in peace and human dignity,” he added.

Further Reading

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