NEW YORK, March 3 (UPI) -- Lebanese Prime Minister Rafik Hariri has been ranked 108th on Forbes' annual list of the World's Richest People, with an estimated net worth of $4.3 billion.
Hariri's fortune was worth $3.8 billion in 2003, $4 billion in 2002, and $3.1 billion in 2001.
The magazine drew up a list of 538 billionaires from 46 countries. They have placed the average billionaire at $3.2 billion.
Hariri is reported to have investments in Lebanon, Saudi Arabia, France and the United States. The businessman turned politician began his career in Saudi Arabia in construction. Over time, he developed a working relationship with Prince Fahd, now King Fahd. He made his millions through lucrative business deals.
Several sources, including Forbes, believe the Lebanese prime minister is planning to build a vacation home on the 16-acre Phillips property in Washington, though a spokesman for Hariri has denied the rumors.
