Abdalla Salem El-Badri Net Worth

Abdalla Salem El-Badri, born on May 25, 1940 in Libya, is the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), a 12-member oil cartel that owns more than 1 trillion barrels of the world's proved oil reserves. With oil prices rising above $80 a barrel, El-Badri is not afraid to join the political fray and issued a warning to the West to think twice before a military strike on Iran, stating that the prices would go unlimited.

Age, Biography and Wiki

Birth Day	May 25, 1940
Birth Place	Libya
Age	83 YEARS OLD
Birth Sign	Gemini
Preceded by	Subroto
Succeeded by	Rilwanu Lukman
Alma mater	Florida Southern College

💰 Net worth

Abdalla Salem El-Badri, renowned for his influential role in the global petroleum industry, is estimated to have a net worth of $100K to $1M by 2024. Born on May 25, 1940, in Libya, El-Badri has garnered significant wealth and recognition as the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC). OPEC, a powerful consortium consisting of twelve member countries, commands control over an astounding 1 trillion barrels of global proven oil reserves. As the head of this oil cartel, El-Badri's leadership has played a crucial role in shaping global oil policies, impacting markets, and maintaining stability in the petroleum industry.

Biography/Timeline

1965

Abdalla El-Badri was born in Ghemines, Libya, and began his oil industry career in 1965 with Esso. He graduated cum laude from Florida Southern College in 1975 with a B.S. in accounting. He served as the Libyan Minister for Oil from 1990, the post being expanded to cover electricity in 1993. In 2000, he moved to become Under-Secretary for Services, then in 2002 he became Deputy Prime Minister. From 2002 to 2004, he served as Minister for Management.

2016

OPEC selected Nigeria's Mohammed Barkindo to succeed el-Badri as Secretary General, effective 1 August 2016. One of their predecessors was Omar el-Badri who held the position in 1970, although OPEC does not disclose any relation between its two Libyan Secretaries General with the same family name.