SomaliNet Forums

Chairman of the Board:Mr. Omar A. Ali

http://www.ipiltd.com/about/

I know 2 real wealthy Maakhiris net worth >5mill.

But Im coming close- youngest self made 9 fig maakhiri

The managing director Suleiman A. Dualeh is Dhulbahante, I met him in Tanzania. They have got this contribution project going on over there. Really cool and professional guys.

cool

Imagine if Somalia was at peace our housing market would be fantastic!

Imagine Diaspora Maakhiris cared for Maakhir we'd out due Somalia. But then again they dont

vangandi wrote:Imagine Diaspora Maakhiris cared for Maakhir we'd out due Somalia. But then again they dont

This guy worked for Siyaad

Ministry of FinanceSomalia (1965 – 1977)

Does it matter? I know a good chunck of the diaspora whose net is greater than half a mill a year and dont donate ziltch to Maakhir or have any intention of returning or being involved with it. Thats what has become of Reer Maakhir, while their are some self made millionaires back in Maakhir whose interest doesnt lay there -Ilo Tango, factories in Bosaaso-Laas Qoray-Hargeysa. None of which care for development.

grandpakhalif wrote:Imagine if Somalia was at peace our housing market would be fantastic!

What you also have to remember is that some of these funds are raised by their listed entities, so this is not Somali investments, its just somali managed. These guys do have some money but they can't fund these projects so they seek funds on the public markets, from private investors as well as loans from "islamic instititions" .