Fouad Makhzoumi
{{Short description|Lebanese billionaire and politician}}
{{Use dmy dates|date=April 2017}}
{{Infobox person
| name = Fouad Makhzoumi
| image = Josep Borrell and Fouad Makhzoumi P064338-601524 (cropped).jpg
| caption = Makhzoumi in 2024
| birth_name =
| birth_date = {{birth year and age|1952}}
| birth_place = Beirut, Lebanon
| death_date =
| death_place =
| education =
| alma mater = Michigan Technological University
| occupation = businessman, Lebanese MP
| title = CEO, Future Pipe Industries
| term =
| predecessor =
| successor =
| party = National Dialogue Party
| otherparty = Renewal Bloc
| boards =
| spouse = May Makhzoumi
| children = 3
| parents =
| relations =
| website =
}}
Fouad Makhzoumi ({{Langx|ar|فؤاد مخزومي}}; born 1952) is a Lebanese billionaire,{{Cite web|url=https://www.arabianbusiness.com/the-world-s-50-richest-arabs-2016-618671.html?itemid=618631|title=The World's 50 Richest Arabs 2016: Fouad Makhzoumi|website=Arabianbusiness}} businessman and politician, founder of the National Dialogue Party and member of the Renewal Bloc in the Lebanese Parliament.{{Cite web|url=https://today.lorientlejour.com/article/1303455/mp-michel-mouawad-announces-parliamentary-bloc-independents-and-sovereignists.html|title=MP Michel Mouawad announces parliamentary bloc, 'Independents and Sovereignists' - L'Orient Today}}
Early life
Makhzoumi was born in Beirut, Lebanon in 1952.{{cite web|url=http://fouadmakhzoumi.com/index.php |title=Fouad Makhzoumi |publisher=Fouad Makhzoumi |access-date=22 March 2017}} He has bachelor's and master's degrees in chemical engineering from Michigan Technological University.{{cite web|url=http://www.futurepipe.com/about-us/directors/fouad-makhzoumi |title=Mr Fouad Makhzoumi |website=Futurepipe.com |access-date=22 March 2017}}
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 and 2022 he was elected to the Lebanese Parliament (Beirut II district, Sunni seat).
Political donations
In 2010, the British Conservative Party received a donation of £300,000 from his wife, May Makhzoumi.{{cite news|author1=Nigel Morris |author2=Oliver Wright |url=https://www.independent.co.uk/news/uk/politics/wife-of-lebanese-businessman-involved-in-1995-military-equipment-deal-donated-30000-to-conservative-2223982.html |title=Wife of Lebanese businessman involved in 1995 military equipment deal donated £30,000 to Conservative Party |newspaper=The Independent |date=24 February 2011 |access-date=22 March 2017}} 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.{{cite news|last1=Syal|first1=Rajeev|title=Wife of businessman involved in Aitken scandal gives Tories £1m|url=https://www.theguardian.com/politics/2013/may/15/wife-businessman-makhzoumi-aitken-donates-tory|access-date=22 March 2017|work=The Guardian|date=15 May 2013}}
In 2017, it was reported by The Guardian that François Fillon, the French presidential candidate, had allegedly been paid $50,000 to arrange a meeting between Makhzoumi, the Russian President Vladimir Putin, and Patrick Pouyane, the chief executive of the French energy multinational Total.{{cite news|author=Kim Willsher |url=https://www.theguardian.com/world/2017/mar/22/fillon-paid-50k-to-fix-meeting-vladimir-putin-lebanese-billionaire-allegation |title=Fillon 'got $50k to fix meeting between Putin and Lebanese billionaire' | World news |newspaper=The Guardian |access-date=22 March 2017}}
Personal life
Makhzoumi and his wife May have three children, Rami (died 2011, brain aneurysm), Tamara, and Camellia.{{cite web|url=http://ramimakhzoumi.com/biography/obituary |title=Obituary |publisher=Rami Makhzoumi |date=31 October 1977 |access-date=22 March 2017}}
May Makhzoumi lives in Kensington, London.
References
{{Reflist}}
External links
- {{Official website|https://fouadmakhzoumi.com/en/home}}
{{Authority control}}
{{DEFAULTSORT:Makhzoumi, Fouad}}
Category:Politicians from Beirut
Category:People from Kensington
Category:Michigan Technological University alumni
Category:20th-century Lebanese businesspeople