Terrorist Tycoons: Meet Hamas' Richest Men

The Palestinians project an image of poverty and powerlessness to the world. While most Palestinians do live in poverty, especially when compared to their Israeli neighbors, Globes profiles several Hamas leaders who have used their positions to amass incredible wealth while their own people suffer.

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Hamas’ terrorist tycoons include Dr. Musa Abu Marzook. He was a US-based Hamas fundraiser who was arrested for supporting terrorism in 1995. After serving two years in prison, he was freed and allowed to leave. Marzook kept the money he raised for Hamas, left the US and resides in Gaza. He is estimated to be worth $2 to $3 billion now and maintains numerous ties to terrorists including al Qaeda, according to the Globes report.

Marzook is followed closely in wealth by Khaled Mashaal, who is estimated to be worth about $2.6 billion.

Following them is one of Hamas’ most public faces, Ismail Haniyeh. He is said to be worth about $4 million, which he has registered in the names of various family members to conceal the true size of his fortune.

According to Globes:

The question of where these officials got their money exposes the corrupt system used by Hamas through its control of the money pipelines in the Gaza Strip. They treated the money as their own personal possession. “Most of the money that went into the pockets of people in the Gaza Strip was obtained through tunnel deals and the creation of a flourishing smuggling market, which it is believed has created several hundred millionaires in the Gaza Strip, although most of the people there don’t live like that. The man pulling the strings from Egypt with the tunnels is none other than the number two man in the Muslim Brotherhood, Khairat el-Shater. His connection with Hamas was ostensibly for Islamic religious purposes, but they actually built a prosperous business, which earned phenomenal profits,” Elad says.

The Arshaq Al-Awsad (Middle East) newspaper, one of the most prestigious in the Arab world, recently reported that at least 600 millionaires were living in the Gaza Strip – the same people sitting on the money pipelines there.

Elad describes how the system worked and to how much money (huge amounts) Hamas leaders were exposed: “Senior Hamas leaders charged a 25% ‘tax’ and $2,000 on every disassembled vehicle coming through the tunnels. There are hundreds of smuggling tunnels from Egypt to Gaza, and these are the types of tunnel Israel has been less busy in destroying, because Egypt has destroyed many of them. From June 2007 until 2010, $800 million in cash was transferred in tunnel deals (according to information from Hamas money traders). Hamas also taxes Gaza merchants on everything traded, from boxes of vegetables to luxury cars, and the leaders scoop the money into their pockets.”

In summary, Elad says, “This is corruption at the highest level… What has united the Palestinian leaders all throughout the years is the saying, ‘We have to get rich quick.’ This is how the regime sees it. Their leaders have no shame.

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The PLO’s Yasser Arafat was reportedly worth $1 billion when he died.

In addition to its graft, oppression and corruption, Palestinian leaders also live on money provided to them by the United States and Europe. The US and Europe pay hundreds of millions in aid to the Palestinians every year, mostly through the United Nations Relief and Works Agency for Palestinian Refugees in the Near East (UNRWA). Some of that aid ends up in the hands of the Palestinian government, including Hamas, despite US law against supporting terrorism and despite the fact that Hamas is still a designated terrorist organization. Secretary of State John Kerry arrived in Israel this week pledging $47 million more aid to the Palestinians, while calling for a cease-fire as Israel pounds Hamas forces, tunnels and weapons caches.

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