Designation: Chairman of Oger Dubai
Country of origin: Lebanon
Occupation: Chairman of Oger Dubai
The youngest son of the Hariri dynasty, Fahd has inherited his father’s love of the construction industry. The 28-year-old, who has not returned to Beirut since his father’s death, moved to Paris with his mother and sister Hind when he was six years old.
While studying an architecture degree in Paris, Hariri opened an interior design shop just outside the French capital that sells furnishings to Saudi Arabia.
His father’s death in 2005 has seen Hariri regularly featured in the Forbes’ Billionaire List and was this year listed at 647th with an estimated fortune of $1.1bn, down from $2.7bn the previous year. Like most of our entrants, Hariri hasn’t allowed the riches of his family firm to fund a comfortable lifestyle without being involved in the day to day running of the empire. He sits on the board of Beirut’s Future Television Network, a terrestrial and satellite television network, which his father founded in 1992. He is also the chairman of Saudi Oger subsidiary, Oger Dubai and is head of the firm’s property portfolio, which is estimated to be worth more than $1bn.
Hariri, who now lives in Dubai, is also involved in a number of UAE-based projects including a five-star hotel due to open in Abu Dhabi in 2011. Local media reports also confirm he is working with his favourite architect Rem Koolhaas on an “urban project” in Dubai.