Fouad Makhzoumi (; born 1952) is a Lebanese

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

, businessman and politician, founder of the National Dialogue Party and member of the

Renewal Bloc Renewal Bloc () also known as Kutlat Tajadod is one of the parliamentary blocs in the Lebanese Parliament that was formed after the 2022 Lebanese general election. On 22 June 2022, MP Michel Moawad announced the birth of the bloc that would be c ...

in the

Lebanese Parliament The Lebanese Parliament (, ) is the unicameral national parliament of the Lebanon, Republic of Lebanon. There are 128 members elected to a four-year term in Electoral district, multi-member constituencies, apportioned among Lebanon's divers ...

Early life

Makhzoumi was born in

Beirut Beirut ( ; ) is the Capital city, capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, just under half of Lebanon's population, which makes it the List of largest cities in the Levant region by populatio ...

, Lebanon in 1952. He has bachelor's and master's degrees in

chemical engineering Chemical engineering is an engineering field which deals with the study of the operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials ...

from

Michigan Technological University Michigan Technological University (Michigan Tech, MTU, or simply Tech) is a public research university in Houghton, Michigan, United States. It was founded in 1885 as the Michigan Mining School, the first post-secondary institution in the Uppe ...

Career

In 1984, Makhzoumi co-founded Future Pipe Industries, and was CEO from 1986 to 2003, when his son, Rami, took over as CEO, with Makhzoumi as chairman until 2011, when he resumed the CEO role. In

2018 Events January * January 1 – Bulgaria takes over the Presidency of the Council of the European Union, after the Estonian presidency. * January 4 – SPLM-IO rebels loyal to Chan Garang Lual start a raid against Juba, capital of ...

and

2022 The year began with another wave in the COVID-19 pandemic, with SARS-CoV-2 Omicron variant, Omicron spreading rapidly and becoming the dominant variant of the SARS-CoV-2 virus worldwide. Tracking a decrease in cases and deaths, 2022 saw ...

he was elected to the

( Beirut II district, Sunni seat).

Political donations

In 2010, the British Conservative Party received a donation of £300,000 from his wife, May Makhzoumi. In 2013, it was reported that May had given the Conservative Party another £500,000 earlier that year, bringing her total donations since 2010 to over £1 million. In 2017, it was reported by ''

The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...

'' that

François Fillon François Charles Amand Fillon (; born 4 March 1954) is a French retired politician who served as Prime Minister of France from 2007 to 2012 under President Nicolas Sarkozy. He was the nominee of The Republicans (previously known as the Union ...

, the French presidential candidate, had allegedly been paid $50,000 to arrange a meeting between Makhzoumi, the Russian President

Vladimir Putin Vladimir Vladimirovich Putin (born 7 October 1952) is a Russian politician and former intelligence officer who has served as President of Russia since 2012, having previously served from 2000 to 2008. Putin also served as Prime Minister of Ru ...

, and Patrick Pouyane, the chief executive of the French energy multinational

Total Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comp ...

Personal life

Makhzoumi and his wife May have three children, Rami (died 2011,

brain aneurysm An intracranial aneurysm, also known as a cerebral aneurysm, is a cerebrovascular disorder characterized by a localized dilation or ballooning of a blood vessel in the brain due to a weakness in the vessel wall. These aneurysms can occur in an ...

), Tamara, and Camellia. May Makhzoumi lives in

Kensington Kensington is an area of London in the Royal Borough of Kensington and Chelsea, around west of Central London. The district's commercial heart is Kensington High Street, running on an east–west axis. The north-east is taken up by Kensingt ...

, London.

References

External links

* {{DEFAULTSORT:Makhzoumi, Fouad 1952 births Living people Politicians from Beirut People from Kensington Michigan Technological University alumni 20th-century Lebanese businesspeople 21st-century Lebanese businesspeople Lebanese billionaires