12 Feb '11, 2pm

[TR] Mubarak family worth at least US$5 Billion

[TR] Mubarak family worth at least US$5 Billion

This story has been updated to reflect breaking news A tourist in Cairo spots three photographs on the wall of a restaurant: one of Nasser, another of Sadat, and the third of Hosni Mubarak. He asks the owner who the first man is, and the owner tells him it’s the man who overthrew the Egyptian monarchy and served as the country’s president. “Who’s the second man?” the tourist wants to know. “That’s Anwar Sadat, our next president,” comes the reply. “He made peace with Israel but was assassinated in 1981.” Next the tourist wants to know who the third man is. “Him?” says the restaurant owner. “That’s my business partner’s father” – A popular joke in Egypt NEW YORK — In his first speech to the country, the new president of Egypt promised “not to commit myself to what I cannot implement, hide the truth from the people, or be lenient with corruption and disorder.” That was Hosni...

Full article: http://www.temasekreview.com/2011/02/12/how-the-mubarak-f...

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