The US State Department revealed today (Thursday) that the net worth of Syrian President Bashar al-Assad and his family is estimated at between one billion and two billion dollars, despite the efforts made by the United States to isolate him because of his role in the war in his country, according to the French Press Agency.
The ministry said in a report prepared at the request of Congress and published part of it today (Thursday), while keeping the rest of it a secret, that it can only provide an “inaccurate estimate” of this wealth because it believes that the Assad family owns assets under fictitious names or through real estate deals. opaque.
According to the public part of the report, “estimates based on open source information generally put the Assad family’s net worth between $1 and $2 billion.”
The ministry added, citing non-governmental and media reports, that the Assad family runs "a complex welfare system that includes shell companies and front companies that the regime uses as a tool to access financial resources." She explained that this wealth is owned by the Syrian president, his wife, brother, sister, cousins, cousins and uncle, most of whom are subject to US sanctions. She added that she does not have enough information about the net worth of the three sons of the Syrian president, the youngest of whom is 17 years old.
The US Congress imposed sanctions on al-Assad and his family members to prevent them from conducting financial transactions, at a time when the Syrian regime regained control of the largest part of the country after a war that left nearly half a million dead over the course of a decade.
Source: Middle East