Sector : Business, Businessmen

Личная информация

• Страна местожительства: Monaco

• Пол: Male

• Born in: 1934

• key_age: 89

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Информация

Tawfeq Abu Khater (born in 1934) is a Palestinian/Lebanese businessman based in Monaco.

Abu Khater was born to Palestinian parents in the city of Tiberias, and his father was the owner of a hotel in Tiberias. In 1948 the family moved to Syria and then to Lebanon where Tawfiq completed his education and moved to the UAE to work with Royal Dutch Shell, after which he became a special economic advisor to the ruler of Ras Al Khaimah, Sheikh Saqr Al Qasimi.

In 1998, Abu Khater bought the Louis Carlo Hotel from Luz Hotels Holding Company for an undisclosed price and renamed it the Monte Carlo Grand Hotel. In 2004, the hotel was acquired by Fairmont Hotels & Resorts for €215 million, and is now Fairmont Monte Carlo.

In April 2011, Abukhater bought seven InterContinental hotels, including the InterContinental Carlton Cannes and InterContinental Amstel Amsterdam, for $643 million. He had a net worth of $5.6 billion in 2014.

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