GADDAFI NET WORTH IS 32 BILLION DOLLARS. JUNIOR SPENT $2 MILLION IN ONE DAY ON SUPERSTAR BEYONCÉ

Posted by Abby G

Source:Wayourou Zadi-Pauyo ofRadical 8

Al-Saadi Qadhafi

MSNBC, WIKILEAKS REPORT: MUAMMAR GADDAFI’S NET WORTH, PLAYBOY LIFESTYLE OF THE GADDAFI BROTHERS (SEIF-AL-ISLAM, MUTASSIM, AND AL-SAADI):

PRIVATE JETS, MEGA-YACHTS, MODELS, DRUGS, ALCOHOL, AND SUPERSTARS (BEYONCÉ, MARIAH CAREY, JAY-Z, AND USHER ATTENDED JUNIORS’ LAVISH EXTRAVAGANZAS).

Mugshot of Hannibal Gaddafi, arrested with his wife in Switzerland for battery 

(ARCHIVE) On Sunday, Mediaite reported that singer Beyoncé Knowles had given a private New Year’s Eve performance for an exclusive crowd in St. Barth — and made the case that she had performed and been paid by relatives of Libyan dictator Muammar Gaddafi (variously known asKhadafy, Qaddafi, Quadhafi and more). Atlanta-based blogger Necole Bitchie reported a $2 million fee; the UK Mirror reported a “six-figure sum” and yesterday Media Takeout made the same claim, repeating the $2 million number and confirming the Gaddafi-hosted party from a guest who was there (hip-hop impresario Russell Simmons also placed Beyoncé at a “Khadafy party.” Today Page Six (The New York Post) confirms our original report, with one new piece of information: the party was thrown by Hannibal Gaddafi, son of the Libyan dictator who less than a week before made headlines for allegedly attacking his wife in a London hotel.

Page Six notes — as we did! — that Beyoncé’s sang five songs for a crowd that included her husband Jay-ZLindsay Lohan and Usher (who also did the New Year’s countdown); Jon Bon Jovi, Simmons, supermodels Miranda Kerr and Victoria Slivstedt and BET founder Bob Johnson. Page Six could not confirm the rumored $2 million sum cited elsewhere, but did note (again as we did) Mariah Carey’s reported $1-million payday for the same gig last year.

Last year’s party, it should be noted, was thrown by Hannibal’s brother Moatessem-Billah Khadafy, according to a report from the New York Daily News last January. Their other brother, Saif Al-Islam Gaddafi, was originally rumored to have hosted either or both of the parites, but was in New

Saif Al-Islam Gaddafi (also spelled ‘Seif El-Islam’) 

Zealand this year and Asia last year. Meanwhile, Page Six has a lovely rundown of brother Hannibal’s seemingly frequent bouts of violence and reckless behavior. Odds are Beyoncé probably didn’t see his halo.

It should be noted that Jay-Z also reportedly joined Carey last year in performing for the Gaddafi party, and that there was no backlash for either of them (indeed, Carey went on 20 days later to sing for President Obama’s inauguration — as did Beyoncé). However, this year Muammar Gaddafi’s history of terrorism has come to the fore with the release of Lockerbie bomber Abdel Basset Ali al-Megrah, the Libyan convicted of setting the bomb that took down Pan Am 103. Gaddafi and Libya accepted responsibility for the bombing in 2004, and has paid millions of dollars in reparations to the victims’ families.

More information on the Gaddafi family and Beyoncé’s performance on New Year’s can be found here. Reps for Beyoncé and Nikki Beach did not respond to queries from Mediaite or Page Six.

Muammar Gaddafi’s son and then-perceived successor-to-be Saif-Al-Islam 

Update: Initial reports that Microsoft Founder Paul Allen was at the party were incorrect. According to a source with direct knowledge of the situation, Allen was in the area (as evidenced by Russell Simmons’photo of his yacht) but was not at the Beyoncé-Gaddafi event. Original reports that Saif Gaddafi hosted the last year’s party have also been corrected.

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AL-SAADI GADDAFI FLIES INTO RAGE OVER KENYAN “NIET”

Al-Saadi Gaddafi and his entourage 

Although Kenya’s tourism industry is in trouble, there is one wealthy visitor the country has been glad to see the back off. Al-Saadi Gaddafi’s brief holiday in the East African nation brought chaos from the slopes of Mt Kenya to the skies above Nairobi. Al Saadi, right, the third-eldest son of the Libyan President, arrived at the end of January with a modest entourage of 50 businessmen in a private jet. The party then hired helicopters to take them to their hotel to avoid Nairobi’s notorious traffic.  But the Libyans are also said to have brought in firearms. An official told The Standard, that they were not allowed to examine the plane. Al Saadi, who had a one-match career as a footballer with Italian side Perugia, had at least one hunting rifle with him and demanded to use it to hunt in the Maasai Mara game reserve. A member of Kenya’s Wildlife Service told him hunting has been banned in the reserve since 1977. Al Saadi is said to have thrown a “tantrum”. Libyan involvement in Kenya has been causing unease since the surprise sale of a Nairobi hotel last year. ALibyan state company bought the Grand Regency for a fraction of its commercial value, prompting an investigation which dragged in the central bank governor and the finance minister, Amos Kimunya. Last year, Al Saadi’s younger brother Hannibal caused a diplomatic row with Switzerland after being accused of assaulting his staff at a hotel in Geneva. He was charged with assault but left the country after posting bail.

– Source: The independent

MUTASSIN GADDAFI AND THE MILLION-DOLLAR ARAB NIGHTS

Flanked on all sides by beautiful women, Mutassim Gadhafi, son of embattled Libyan leader Moammar Gadhafi, sat in a crisp white shirt with his hair slicked back and quietly sipped expensive champagne straight from the bottle on a lush Caribbean island while Beyonce serenaded him on New Year’s Eve 2009.

Mutassim looked perfectly at home amid luxury and celebrity — a man who seemed “accustomed to that kind of life,” Tom Groves, one of the lucky few invited to the bash, told ABC News.

Mutassim Gaddafi, with U.S. Secretary of State Hillary Clinton

If Mutassim was in his element, it may be because the reportedly million-dollar bash was a repeat of the same party he threw exactly a year earlier at the same St. Barts nightclub, except with a different diva on the mike. On New Year’s Eve 2008, Mariah Carey provided the entertainment, according to a leaked U.S. State Department cable that described Mutassim’s island bashes in detail. That cable, along with several others posted on the website Wikileaks, also tagged Mutassim and several of his seven brothers as “hard-partying” and “womanizing” playboys.

Video shot by Groves, which was obtained by ABC News, shows an intimate affair with Beyonce singing several songs just feet away from party-goers. In other videos of the party posted on YouTube, celebrities Jay-Z and Usher are seen together ringing in the New Year. Groves said among the 150 attendees were other A-listers like Jon Bon Jovi and Lindsay Lohan — all treated to Cristal champagne.

Despite the heavy celebrity attendance, “Mutassim seemed to be surprised by the fact that his [2010] party was photographed and the focus of international media attention,” a U.S. official said in a 2010 cable. “His carousing and extravagance angered some [Libyan] locals, who viewed his activities as impious and embarrassing to the nation.”

Representatives for Beyonce, Usher, Mariah Carey and Lindsay Lohan did not respond to requests for comment on this story.

But if the lavish soiree was embarrassing to some, some other international news coverage the family received just a few days before was worse. Then, one of Mutassim’s seven brothers, Hannibal, allegedly physically abused his wife, who was later told to tell investigators she had been injured in an “accident,” a U.S. official said in a leaked cable.

Hannibal and another brother, Saadi, have “checkered histories of unseemly behavior and public scuffles with authorities in Europe and elsewhere,” the official said. According to the same document, another of Gadhafi’s sons, Saif al-Arab, described as a “ne’er-do-well,” lives in Munich where he “pursues ill-defined business interests and spends much time partying.”

“The German Ambassador has expressed concern to us that it is only a matter of time before there is an incident involving him,” the official said.

Some of Gadhafi’s sons brought so much negative attention to the family that the Libyan dictator assigned a high government official to play the role of a “minder of the more troublesome [Gadhafi] offspring,” according to the documents. After an incident in which Saadi disobeyed his father’s orders and traveled to Rome, Italy, that minder was removed and Gadhafi’s daughter, Aisha, reportedly filled the void.

The Wikileaks disclosures are not news, however, to the Libyan people, who have been well aware of the exploits of the Gadhafi children for years, according to Mansour El-Kikhia, chairman of the department of political science and geography at the University of Texas at San Antonio and author of “Libya’s Gaddafi: The Politics of Contradiction”.

“We have been talking about what they do, how spoiled they are, how much they abuse their position, how much they manipulated the system to serve themselves,” El-Kikhia told ABC News.

Behind the tabloid escapades, however, other leaked cables show an intense game of political maneuvering between the brothers — especially Mutassim and Saif al-Islam — over who would succeed 62-year-old Moammar Gadhafi.

It was Mutassim that requested $1.2 billion directly from the chairman of Libya’s National Oil Corporation so he could “establish a

MUTASSIM GADDAFI 

military/security unit” to rival the one run by his younger brother, Khamis, a 2009 cable said.

Mutassim was also the one greeted warmly the same year by U.S. Secretary of State Hillary Clinton in Washington, D.C. With Mutassim at her side, Clinton told reporters at the time she was “very much looking forward” to broadening and strengthening the relationship between the two nations.

But Saif al-Islam had managed to win over many Libyans, one cable noted, by staying relatively clear of the public debauchery and publicly calling for reform — even by occasionally sharply criticizing his father.

In 2007, Saif al-Islam publicly confirmed for the first time the torture of six Bulgarians who were held in Libya for several years which had been reported by several international news organizations.

In a speech the next year, Saif al-Islam criticized the “forest of dictatorships” in the Middle East and called for a “more robust civil society, judicial reforms, greater respect for human rights and more press freedoms,” one cable said.

AL-SAADI GADDAFI (ARCHIVES)

Eclipsed by the rise in power of his brothers Selif el-Islam and Mootasem, who have been promoted by al-Gaddafi the father to key positions, the one who dreamt of being a soccer star has virtually disappeared from the scene for more than two years now.

In Libya, he has not appeared in public for more than two years and abroad, the paparazzis who are used to hounding him in the company of models and other international stars, who agreed–often for payment of a fee–to flaunt themselves with him during a business dinner, a film festival, an evening at a night club, a jaunt on the Mediterranean aboard his yatch Al-Farah (joy), or a ride on his yellow Lamborghini, have apparently lost trace of him. Indeed, this is about Saadi al-Gaddafi, 37 years, one of the sons of the Libyan “Guide,” a failed former professional footballer, a compulsive jet-setter and businessman engaged in virtual projects costing billions of dollars.

Hollywood whims

Where has Saadi then got to? In Tripoli, everyone is making his own prognostics to explain this half eclipse. He is said to be living abroad and must be having health problems, others also say. He is said to be in disgrace upon the decision of the “Guide” for an unexplained reason, others happen to know. The question is being asked more insistently since the return to favor of his elder brother, Seif el-Islam, promoted by the “Guide” to the post of the number two man of the regime in mid-October 2009. Was Saadi not considered by some people as the favorite in the succession race?

According to our investigations, Saadi, who put an end to his professional football career three years ago at the express request of his father, is living discretely in Tripoli and is engaged in business, he who swore only by soccer has rather become a smitten fan of Hollywood film production. In order to carve for himself a niche over there, Saadi, in 2004, with the assistance of the Italian producer Silvio Sardi, set up an investment fund called the World Navigator Entertainment (title published in English) endowed with $100 million by the Libya National Oil Corporation.

Al-Gaddafi gave his green light to this risky funding, nurturing the dream to see Hollywood make a movie about his own life, as it had been the case with the Libyan national hero, Omar el-Mokhtar, with the film, The Desert Lion, directed by Mustapha Akkad, with Anthony Quinn playing the lead role. In search for partners, Saadi spent five years soliciting the major players of the American film industry, some of whom he met either at Hollywood, or Veniceor Milan, outside the festivals that are held annually in these cities. Turned away on several occasions, it is with Matty Beckerman, former chief executive of Bulletproof Recording Company, a recording company specialized in original tapes that he finally set up a production company in July 2009. As such, came into being the company, Natural Selection, based inLos Angeles of which Beckerman is the president and Saadi the director and the main financial backer. “I am a cinema enthusiast,” he had explained then “and I am really happy to be working now in an industry that is dear to my heart.” The firm intends to produce about 20 movies between 2009 and 2014 with a budget of $15 million or more for each feature film. Saadi is one of the executive producers of the first of them, The Experiment (title published in English), a remake of a German thriller that will be premiered in the course of 2010. Produced by Marty Adelstein, directed by Paul Scheuring, with the script written by Mario Giordano, this film is a psychological study that introduces 26 men in a role play that turns tragic. Saadi together with Beckerman participated in the promotion of The Experiment at the Toronto International Festival in Canada last September.

Growing old

Al-Saadi Gaddafi

Those who recently got close to him state that the playboy has grown old and lost his former haughtiness and arrogance. This is because Saadi has serious problems. The ambitious free zone project that he announced in November 2006, in partnership with the Emirate firm, Emaar and the construction of which should have started latest in 2008, is now at a standstill. According to Saadi, this zone that will cover 200 km2 on a 40-km coastal strip between Zwara and Abou Kammach, close to the border with Tunisia, will constitute an autonomous offshore entity like Hong Kong, according to the Chinese formula of “one country, two systems.” Saadi, who is the chief executive of the company in charge of developing the zone, will live there to supervise the setting up of a Western-type administration and legislation. This free zone will have a port, an airport, new cities, an American University, an Anglo-Libyan hospital, churches and synagogues, night clubs and the sale of alcohol will be free. However, for the work to start the basic infrastructure should be provided by the Libyan government yet, the government does not know where to start from, as far as in the present context — global liquidity crisis, financial difficulties in the Gulf counties — allow uncertainty to persist on the viability of the Emirate partner.

Yatch and private jet

For Saadi, to these setbacks is added the big question as to his place in the new distribution of power within the al-Gaddafi clan and, consequently, in the perspective of the succession. As the youngest of the seven children from Muammar al-Gaddafi’s second marriage (with Safia Farkach), it was normal for him to yield the procedence to his older brother, Seif al-Islam, whose promotion to the number two man in the Jamahiriyah he had applauded, except that Saadi has already suffered a serious setback in the army hierarchy. With little education exclusively devoted to his culture of the football and unbridled consumption of films on DVD, this person who has a qualification from the military academy was propelled in 2006 to head the Special Forces with the rank of a lieutenant colonel. At that time he had wind in his sails, going to the extent of negotiating with the French government an arms contract worth more than 4 billion euro, including a possible purchase of 12 to 14 Rafale military planes. One had even seen in him the de facto head of the army, succeeding Gen Abou Bakr Jaber Younes, a companion of the “Guide.” However, in January 2007, Mu`ammar al-Gaddafi appointed his son Mookasem as the boss of the National Security Council, thus giving him a first choice position within the army and the special services. As such, Saadi was supplanted and, according to some of our sources, removed from the command of Special Forces within the army.

Due to the rise in power of both Seif and Mootasem, Saadi, who in June 2001 married the daughter of Gen Khouildi Hamidi, one of the main plotters of the coup led by the future “Guide” in 1969, has today run out of steam within the al-Qadahfi clan. The man is also unpopular in Libya and the Arab world. His fellow countrymen only remember him as the one whom they had nicknamed “Saalouk” (the crook), a mediocre footballer who did not hesitate to illegally open the way to the net under the indulgent look of the referee, or order his bodyguards, at the onset of a riot, to use firearms to bring under control the supporters of an opposing team. Libyans have not also forgotten that he put his hands excessively into hundreds of millions of dollars from state coffers to satisfy his whims (yatch and private jet), “offer himself” the luxury of wearing the jersey of Italian clubs or make shady investments abroad. However, one must make no mistake about it: Saadi`s half eclipse looks more like a temporary crossing of the desert than a definitive disgrace, for in Muammar al-Gaddafi`s country one is never sure of anything… …

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Hollywood casts spell on son of Gaddafi
By Matthew Garrahan in Los Angeles
Financial Times
February 08, 2010

Soccer player Saadi Gaddafi (R) and his brother Motassin Gaddafi arrive to attend a charity party at the Excelsior Hotel in Venice September 8, 2005.

Saadi Gaddafi, the son of Libyan leader Muammer Gaddafi, has financed his first US film, joining the long list of investors to fall under Hollywood`s spell, which range from Japanese electronics groups to oil barons to soft drinks companies.

Mr Gaddafi has backed The Experiment , a remake of a German thriller that will be released this year and stars a pair of Oscar winners, Adrien

Gaddafi brothers Mutassim and Al-Saadi

Brody and Forest Whitaker.

Mr Gaddafi is one of a handful of Middle Eastern investors entering an industry that is desperate for new funding.

The private equity groups and hedge funds that dominated film investing in recent years fled in the wake of the financial crisis.

Mr Gaddafi is the main equity backer of Natural Selection, one of the producers of The Experiment , which has $100m to spend on film investments.

“At a time when financing has really dried up for most of the film business, we find ourselves able to make things happen,” Matty Beckerman, chief executive of Natural Selection, told the Financial Times.

The company will invest in films with budgets of about $15m, but Mr Beckerman said it was considering projects costing as much as $40m.

The Experiment, which the company co-financed with Inferno Distribution, cost $12m to make. Production has started on Natural Selection`s second film, Isolation, which stars Eva Amurri, the daughter of Oscar winner Susan Sarandon.

Mr Beckerman, a former music industry executive, travelled to the Middle East to raise funding last year. He quickly found a like-minded partner in MrGaddafi, who he says is a true “film fan”.

Given past tensions between Libya and the west, Mr Beckerman acknowledged that Mr Gaddafi`s Hollywood investment could generate controversy.

“It`s something we`ve talked about very openly,” he said. “But we`re trying to make a good commercial product that has nothing to do with politics.”

GADDAFI SON PLANS ‘WESTERN HONG KONG’ IN LIBYA

[Source: Bridget O`Connell – Estates Gazette Interactive – October 02, 2006]

Emirates-based property giant Emaar Properties has been linked to plans to build a western version of Hong Kong in Libya.

The public company is in the frame with plans by Al-Saadi Gaddafi, the 33-year old son of Libyan dictator Colonel Muammar Gaddafi, to build a

Al-Saadi Gaddafi

“semi-independent” city in the North African country.

Emaar, which is backed by Dubai`s ruling Maktoum family, is currently building Burj Dubai, the world`s tallest tower, and will be involved in building the infrastructure and helping to contact other investors.

Gaddafi intends to construct the multi-billion dollar, hi-tech enterprise city on a 40 kilometre stretch of coastal desert near the Tunisian border.

WS Atkins, a UK engineering group, has already been called in to help with what Gaddafi called “the masterplan”.

Gaddafi, who expects to be closely involved with administering the project, said the first development, possibly a tourist resort, should start “in

a maximum of two years”.

He hopes the city would act as a magnet for foreign investment and speed up development of the oil-rich state, which is seeking a bigger role on the world stage.

The city would offer easy access, low taxes, offshore banking and a liberal social regime that would allow a variety of faiths, he said.

“We would like to create an environment that enables investors to make projects like they do in Paris, New York and London,” he said.

“This is a historic decision. We are talking about two systems and one country.”

Gaddafi confirmed that the scheme had the backing of his father.

Emaar recently acquired Hamptons International from its Singaporean owners for £82m, as part of plans to expand its global operation to include Europe.[Source: Michael Cockerill – The Sydney Morning Herald – February 08, 2005]

All that the son of Libyan leader Muammar Gaddafi wants to do is play football, he tells Michael Cockerill.

Can I tell him something important?” Al-Saadi Gaddafi, the third son of Libya`s revolutionary leader Muammar, asks his companion, who nods. “I will give you a present,” he replies, before pausing to clear his throat.

“My father wants me to come back to Libya, to give me some positions,” he says. “He doesn`t want me to play football; he says, `You are bigger than that, you have to be something more than a player`.

“But this is my passion. I say, `OK, just let me finish my contract`. Maybe then I can be Libyan ambassador in the United States, or have some other kind of very sensitive position. Or am I going to play for another two or three years? To retire from football is a very big decision for me, because I love to play so much.”

It is a cloudless Sydney summer`s day and Gaddafi is enjoying a view from the 31st floor of his Sydney hotel which stretches out across the sparkling harbour to the Heads, and beyond.

Dressed in a pale blue suit and matching shoes and socks, Gaddafi has just completed a press conference downstairs, and is between engagements. One of the world`s wealthiest men in his own right, Gaddafi is in Australia talking investment, and the list of suitors is bound to be long, and relentless. From oil, to gas, to livestock, to wool, to tourism, to horses, and agriculture,Gaddafi has pledged that when his government`s investment company, Lafico, opens its newest office in Sydney some time later this year, all options will be considered.

Up here, on the top-floor balcony, someone has handed him a pair of binoculars, and is pointing out a prime piece of harbourside real estate.Gaddafi shows only a cursory interest, before he steps inside and settles onto a leather sofa. For the moment, business can wait. Football has usurped money as the point of discussion. Clearly, it is a subject he holds dear.

Juventus striker Alessandro Del Piero (L) battling Al Saadi Gaddafi (R) of Perugia during their Serie A match at the Renato Curi Stadium in Perugia May 2, 2004. Perugia won 1-0. REUTERS

How much, he is asked, do you love football? “I am crazy about football,” he sighs. “I want to play forever. It is in my heart.”

Gaddafi is not playing football at the moment because of what he describes as the most painful injury of his life.

A split disc has required an arthroscopy, and although the injury is mending, he walks with a notable limp, and says he cannot jog or even sit down for more than 45 minutes.

For this reason, Gaddafi will not play in either of Libya`s two games during their training camp in Sydney – the first against NSW tomorrow night, and the second against Sydney United on Sunday. Both games will be played atEdensor Park, the ground where Socceroos goalkeeper Zeljko Kalac learnt his trade before embarking on a European career that took him to England,Netherlands and then to Perugia just before Gaddafi joined the club.

It is because of Kalac that Libya have come to Australia, and Gaddafi`s face lights up at the mention of his new best friend, someone the striker has come to spend much of his spare time with, including a recent six-day cruise around the Bahamas.

So what does he like about the man he, too, knows by his Australian nickname, “Spider”?

“It is not just a sense of humour,” he says. “He`s super funny. The most funny guy I have seen in my life. But he is also the most important player in our team. He leads the team. He has the experience, the mentality, to make him like a captain. We all trust him, even when sometimes he screams at us, giu, giu (`get out, get out`). It`s because everybody respects him.”

Gaddafi`s respect for Kalac came quickly. After just two days at his new club, during a pre-season training camp in the mountains of northern Italy 18 months ago, he asked the beanpole goalkeeper up to his room for advice.

“I asked him how to succeed as a professional in Italy,” Gaddafi recalls. “He said, `Go home`. Spider, he is a very funny man.”

Kalac`s larrikinism may be legendary, but so is his patriotism. It didn`t take long for Gaddafi to not only discover Australia, but to become curious about it. Hence his first visit to the country, albeit without Kalac, whose commitments to Perugia`s Serie B promotion chase have prevented him from coming home.

“Where is my phone?,” says Gaddafi. “My last [SMS] message from Spider, he said `I told you it was paradise`. Australia is a unique country, a very important country, a country that has experience in how to develop. We have to learn from you, that is why I am in Australia. It is important that I meet the people, see the country, learn the opportunities, before we establish our investment office. It is super PR, no?”

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THE GADDAFI CLAN

Khamis Gaddafi (left) 

Aisha Gaddafi (center) 


Saif Al-Arab Gaddafi, the tyrant’s youngest son, once threatened to squirt acid on a Hamburg night-club bouncer’s face after a fight. His Ferrari F430 (next photo) was impounded by the Munich Police for being too loud. He was fined £100, according to The Telegraph. 

SOURCE: RADICAL 8

 

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