Saddam Hussein

Saddam Hussein Net Worth

Saddam Hussein Net Worth: Saddam Hussein was an Iraqi politician who served as the fifth President of Iraq. At the time of his death Saddam Hussein had a net worth of $2 billion dollars. The 5th President of Iraq, Saddam Hussein served in this capacity from 1979 to 2003. In the spring of 2003, a coalition of foreign nations invaded Iraq and deposed him. He was subsequently tried and executed for crimes against the Shi'ite people in 2006. Saddam Hussein was born in the town of Al-Awja, eight miles from the Iraqi town of Tikrit, to a family of shepherds from the al-Begat tribal group. Saddam means "one who confronts" in Arabic. Saddam formally rose to power in 1979, although he had been the de facto head of Iraq for several years prior. He suppressed several movements, particularly Shi'a and Kurdish movements seeking to overthrow the government or gain independence, and maintained power during the Iran–Iraq War and the Gulf War. Whereas some venerated Saddam for his opposition to Israel—which included the use of military force —he was widely condemned in the west for the brutality of his dictatorship. In 2003, a coalition led by the U.S. and U.K. invaded Iraq to depose Saddam, in which U.S. President George W. Bush and British Prime Minister Tony Blair accused him of possessing weapons of mass destruction and having ties to al-Qaeda. Saddam's party was disbanded and elections were held. Following his capture on December 13, 2003, the trial of Saddam took place under the Iraqi interim government. On November 5, 2006, Saddam was convicted of charges related to the 1982 killing of 148 Iraqi Shi'ites and was sentenced to death by hanging. His execution was carried out on December 30, 2006.