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Egypt's Mubarak, family fortune estimated at $1.3 billion

June 21, 2013 at 2:02 PM   |   Comments

CAIRO, June 21 (UPI) -- Former Egyptian President Hosni Mubarak and his family have about $1.3 billion -- including cash, stock and property -- the prosecutor's office said.

Mahmoud El-Hefnawi, who works in the office's technical department, broke down Mubarak's wealth as $400 million in cash, $700 million in stocks and $140 million in real estate, Ahram Online reported.

Mubarak is in prison awaiting two trials on corruption charges, as well as a retrial on the killing of peaceful protesters during the 18-day 2011 uprising that led to his ouster.

He was convicted and sentenced to life in prison in June 2012 for failing to protect protesters, but successfully appealed the conviction and sentence.

Egypt's Illicit Gains Authority estimated Mubarak's fortune in 2011 at $145 million and the worth of his wife, Suzanne Mubarak, at $2.8 million, plus a villa in Heliopolis.

Mubarak's lawyer said his client's fortune totaled about $1 million.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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