Concept

Mohammed ben Laden

Résumé
Mohammed bin Awad bin Laden (محمد بن عوض بن لادن; 1908 – 3 September 1967) was a Yemeni-born Saudi billionaire businessman working primarily in the construction industry. He founded what is today the Saudi Binladin Group and became the wealthiest non-royal Saudi, establishing the wealth and prestige of the Bin Laden family. He was the son of Awad bin Laden and the father of Islamic terrorist Osama bin Laden. Muhammad bin Awad, bin Laden was born on the Hadhramaut coast of south Yemen in 1908 to Awad, a Kindite Hadhrami tribesman from al-Rubat, a village in Wadi Doan; Mohammed's paternal grandfather was Aboud, the son of Ali, one of four brothers (the others being Ahmed, Mansour, and Zaid) from whom the four Banu Laden clans trace their ancestry. Poor and uneducated, his family emigrated to Tihamah before World War I. According to Eric Margolis, he initially worked as a porter in Jeddah, like many other impoverished Yemenite emigrants of that time. However, Salon.com reports that his first job was as a bricklayer with Aramco. In 1930, he started his own construction business and after coming to the attention of Abdul Aziz Ibn Saud, first monarch of Saudi Arabia, he eventually achieved such success that his family became known as "the wealthiest non-royal family in the kingdom." Mohammed bin Laden's enormous financial success was ascribed to a shrewd business sense, fealty to Saudi Arabia's rulers, reliability and a willingness to offer the lowest bid on construction contracts. By undercutting local construction firms he won contracts to build palaces for the House of Saud. As the "royal builder," Mohammed bin Laden forged close relationships with the royal family, particularly Prince Faisal of Saudi Arabia. In 1964, Prince Faisal deposed his half-brother, King Saud, and began rebuilding the kingdom after the wasteful excesses of the Saud era. King Faisal accepted Mohammed bin Laden's offer of financial assistance to support the national economy and as a reward, King Faisal issued a royal decree awarding all future construction projects to bin Laden's construction company.
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