What is Mohammed Ibrahim's Net Worth?
Mohammed Ibrahim is a British billionaire who has a net worth of $1.1 billion. Mohammed Ibrahim, a Sudanese native, made his way to riches as the founder of the telecommunication company, Celtel, one of the first phone companies to serve Africa and the Middle East. In 2005, when he decided to sell Celtel for $3.4 billion, the company already numbered over 24 million mobile phone subscribers in 14 countries. Ibrahim pocketed a total of $1.4 billion from the deal.
Now, he is mainly focused on fighting corrupt leadership in the region through his Mo Ibrahim Foundation. The foundation grants a lifetime award of $5 million over 10 years to retired African heads of state who have made their countries materially better off and more transparent. It also publishes the Ibrahim Index of African Governance that ranks governments by their ability to ensure sustained economic opportunity and the rule of law.
