Muammar al-Gaddafi Net Worth

Muammar al-Gaddafi Net Worth is
$18 Million

Muammar al-Gaddafi Bio/Wiki, Net Worth, Married 2018

After starting as an Arab nationalist and Arab socialist, he afterwards ruled the nation in accordance with his own political orientation, the Third International Theory. He finally adopted Pan Africanism, and served as Chairperson of the African Union from 2009 to 2010.

Becoming Chairman of the ruling Revolutionary Command Council (RCC), he dissolved the monarchy and proclaimed the Republic. Ruling by decree, he executed measures to remove what he viewed as foreign imperialist sway from Libya, and fortified ties to Arab nationalist authorities. Aim on pushing Libya toward “Islamic socialism”, he introduced “sharia” as the foundation for the legal system and nationalized the oil industry, using the increased sales to strengthen the military, execute social programs and finance revolutionary militants around the globe. In 1973 he began a “Popular Revolution” together with the creation of General People’s Committees (GPCs), a process of direct democracy, but kept private control over important decisions. He summarized his Third International Theory that year, releasing these thoughts in “The Green Book”.

In 1977, he dissolved the Republic and created the “Jamahiriya”, a “state of the masses” component-ruled by GPCs. Formally embracing a representational function in government, he kept power as military commander in chief and head of the Revolutionary Committees in charge of policing and stamping down adversaries. A specially hostile relationship developed together with America and United Kingdom, leading to the 1986 U.S. bombing of Libya and United Nations-imposed economic sanctions. From 1999, Gaddafi supported economical privatization, pan-African integration, and sought better relations with the West. In 2011, an anti-Gaddafist rebellion headed by the National Transitional Council (NTC) broke out, leading to civil war. NATO intervened militarily on the side of the NTC, causing the government’s downfall. Pulling away to Sirte, Gaddafi was caught and killed by NTC militants.

Gaddafi was a contentious and highly divisive world figure. Supporters lauded his anti-imperialist position and his support for pan-Africanism and pan-Arabism, and he was decorated with various awards. Conversely, he was internationally condemned as a dictator and autocrat whose authoritarian government violated the human rights of Libyan citizens, and supported irredentist movements, tribal war and terrorism in a number of other countries.

Muammar al-Gaddafi Net Worth $200 Million Dollars


    Related Articles

    Leave a Reply

    Your email address will not be published.