Libya Billionaires (2025): Top 10 Richest Men In Libya
Libya, a North African country blessed with abundant oil resources, has long been a land of wealth and political intrigue. Since the fall of long-time ruler Muammar Gaddafi in 2011, Libya has experienced a power vacuum that gave rise to new political actors, military leaders, and business moguls. These individuals, some with political influence and others with deep investments, have amassed jaw-dropping fortunes despite the country’s continuous state of instability.
In this blog post, we bring you a comprehensive and current list of the top 10 richest men in Libya, as of 2025. All the individuals on this list are alive and native Libyans, and their estimated net worth is based on available data, business holdings, and political influence. These men control billions of dollars, shaping the country’s economy and future.
1. Abdul Hakim Belhaj – $15 Billion
Abdul Hakim Belhaj is currently Libya's richest man. Born in Tripoli, he gained international attention for his role as a rebel leader during the 2011 uprising against Gaddafi. Before then, he had fought in the Soviet-Afghan War and was allegedly linked to Islamist movements, although he later claimed to have renounced extremism.
What many don’t know is that Belhaj is also a very smart businessman. After the revolution, he diversified his interests, investing heavily in real estate, construction, aviation, and oil. He owns shares in airlines, logistics companies, and even international businesses outside Libya. His financial muscle now makes him one of the most influential figures in the country. With an estimated net worth of $15 billion, Abdul Hakim Belhaj is proof that money and politics in Libya go hand in hand.
2. Abdul Hamid Dbeibeh – $10 Billion
Abdul Hamid Dbeibeh is not just the current Prime Minister of Libya; he is also a billionaire with extensive business roots. Before entering politics, Dbeibeh ran one of Libya's largest construction companies—LIDCO (Libyan Investment and Development Company)—which handled government contracts worth billions of dollars.
As Prime Minister under the Government of National Unity, Dbeibeh has faced accusations of nepotism and corruption, especially regarding how government contracts are awarded. Still, no one can deny that he’s financially powerful. His wealth is estimated at $10 billion, spread across construction, real estate, banking, and international investments. He’s also believed to own luxury properties in Turkey, the UAE, and Europe.
3. Hesham Husni Bey – $8 Billion
Hesham Husni Bey is one of the wealthiest private businessmen in Libya. He is the CEO and founder of HB Group, a conglomerate involved in banking, import-export, telecommunications, and retail. Unlike many others on this list who rose through politics or the military, Hesham built his wealth from the ground up through entrepreneurship.
What makes him different is his low public profile. Despite his estimated wealth of $8 billion, he keeps a relatively quiet lifestyle and rarely appears in political or media controversies. Many Libyans see him as a model businessman who stayed out of the dirty politics that usually come with wealth in the country.
4. Saddam Haftar – $7 Billion
Saddam Haftar is the son of Khalifa Haftar, the powerful commander of the Libyan National Army (LNA). Although his father is more politically prominent, Saddam himself is a major player in the military and economic landscape of Libya. He controls various military-affiliated companies involved in oil, construction, and logistics.
As a high-ranking military officer, Saddam has been accused of smuggling oil and using state resources for personal enrichment. His family reportedly owns luxury properties in Dubai, Jordan, and Egypt. At just over 40 years old, his estimated net worth of $7 billion shows that he’s already a major force in both politics and business in Libya.
5. Basit Igtet – $5 Billion
Basit Igtet is a Libyan entrepreneur and human rights advocate based in Zurich, Switzerland. He first rose to prominence during the Libyan revolution, where he provided support to the rebels. Later on, he attempted to run for political office but has since focused more on his business interests.
Igtet made his money through tech startups, consultancy firms, and international trading. He also has real estate investments in Europe and the Middle East. His western orientation and global mindset make him stand out in Libya’s elite class. With a net worth of $5 billion, Basit Igtet represents the modern face of Libyan wealth.
6. Aref Ali Nayed – $4 Billion
Aref Ali Nayed is a respected Islamic scholar, diplomat, and businessman. He once served as Libya’s Ambassador to the UAE and was a key voice in the post-Gaddafi political dialogue. Educated in Canada and the UK, Nayed is a tech-savvy intellectual who has also built a successful business empire.
Aside from his religious and academic background, he owns investments in media, agriculture, and fintech. His estimated wealth of $4 billion makes him one of the few Libyans who has blended scholarship, diplomacy, and entrepreneurship successfully.
7. Fathi Bashagha – $3.5 Billion
Fathi Bashagha is a former Minister of Interior and a known political heavyweight in western Libya. Trained as an aeronautical engineer, he later joined the Misrata brigades during the revolution. He’s seen as a reform-minded politician but has also been at the center of power struggles and allegations of misuse of public funds.
Bashagha reportedly made his money through military contracts, international partnerships, and the oil trade. He has strong ties to foreign governments and business entities, especially in Turkey and Qatar. With a net worth of $3.5 billion, he continues to be a strong political player despite recent setbacks.
8. Mohamed al-Menfi – $3 Billion
Mohamed al-Menfi is the current President of the Presidential Council of Libya, a position similar to a head of state in Libya’s transitional government. Before politics, he was a university professor and diplomat, having served as Libya’s ambassador to Greece.
His estimated net worth of $3 billion stems from political influence, family wealth, and possible offshore investments. Though not known to have business empires like others on this list, his position gives him considerable control over national budgets and foreign aid disbursement, which indirectly boosts his financial influence.
9. Osama Hammad – $2.5 Billion
Osama Hammad is a rising figure in Libya’s financial and political scene. A former Minister of Finance, he has played a key role in managing Libya’s oil revenues and budgeting during the transition period. Hammad is also a technocrat with strong knowledge of economics and public policy.
His net worth of $2.5 billion comes from both his public roles and private consultancy businesses. Reports suggest he has foreign bank accounts and real estate holdings in Egypt and Europe. Though less controversial than others, his wealth has drawn scrutiny from anti-corruption watchdogs.
10. Khaled al-Mishri – $2 Billion
Khaled al-Mishri was the head of the High Council of State, one of Libya's main political institutions. He is affiliated with the Muslim Brotherhood and has been involved in key political negotiations both locally and internationally.
Despite being a controversial figure, especially among secularists and military groups, Mishri has built a strong financial foundation. His $2 billion net worth is linked to political deals, consultancy services, and foreign alliances. Though his influence is declining, his financial standing keeps him relevant.
Summary Table
Final Thoughts
Libya’s wealthiest men are not just rich; they are powerful. Most of them hold or have held influential positions in politics, the military, or the private sector. Their wealth reflects the complex relationship between oil, politics, and foreign influence in Libya.
While the country continues to struggle with instability, these individuals are quietly shaping its future—economically and politically. Whether through government contracts, oil revenue, or foreign investments, they have all carved out strong financial empires in one of the most unstable regions in the world.
For Libyans hoping for a better tomorrow, the hope is that this wealth can someday be channeled toward national development and not just personal gain.
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