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Friday, February 11, 2011

Switzerland Freezes Mubarak's Assets -- Rumored As Much As $70 Billion

READ MORE: Switzerland Freezes Mubarak's Assets -- Rumored As Much As $70 Billion: "The Swiss foreign ministry says it has frozen all of Mubarak's assets.
Mubarak's family is said to have as much as much as $70 billion. Reports ABC News:
Experts say the wealth of the Mubarak family was built largely from military contracts during his days as an air force officer. He eventually diversified his investments through his family when he became president in 1981. The family's net worth ranges from $40 billion to $70 billion, by some estimates."

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