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Abdallah El-Yafi Net Worth

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Abdallah El-Yafi
Photo: http://en.wikipedia.org/wiki/User:Politicspolitics · Wikimedia Commons · CC BY-SA 3.0
Estimated net worth

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Quick facts

Born1901

ProfessionCelebrity

NationalityOttoman Empire

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Background and career

Abdallah El-Yafi (Arabic: عبد الله اليافي, also transliterated as Abdallah Yafi, Abdallah Bey Aref el-Yafi and other variants; 7 September 1901 – 4 November 1986) was the prime minister of Lebanon serving twelve times between 1938 and 1969.

El-Yafi is considered to be one of the most popular politicians in Lebanese 20th century history. His ethical behavior in public service is cited as an example in the official civic education high-school textbooks as well as in the graduation of law students.

El-Yafi was considered one of the principle instigators of the collapse of Intra Bank in the 1960s. He was refused a personal loan by founder Yousef Beidas and the decision not to intervene was to have drastically averse collateral impact on Lebanon's other banks, as local depositors withdrew their money to open up accounts in US banks. In addition, El-Yafi was forced to resign.

He was at the forefront of the struggle to give women the right to vote, which was achieved during the prime ministry of Khaled Chehab in 1952.

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