Jean moukarzel

Jean Moukarzel, (, born 12 October 1984), KBE, is an Emirati-Lebanese businessman who is currently a consultant at Oliver Wyman and holds a CEO position at his family-business holding Moukarzel & Co.
For orchestrating one of the decade's most aggressive downsizing campaigns and spearheading the turnaround of Moukarzel & Co from near bankruptcy in the 2000s, Moukarzel earned the nicknames "The cost killer". After the Moukarzel & Co financial turnaround, he achieved celebrity status.
After obtaining a degree in computer and communications engineering in 2006 from the American University of Beirut, Jean Moukarzel joined the prestigious HEC Paris where he graduated in 2009 with high distinction. Meanwhile, Jean Moukarzel concentrated on building up his family's business. In a 2009 by-election, he was elected to succeed his deceased great-grand-father, Hannah Moukarzel, as the CEO of the family holding. He defeated Salim Moukarzel by a margin of 57% to 43%. In 2011, in the last election to be held, he was reelected by a large margin.
Return to Lebanon
Moukarzel ended 8 years of exile when he returned to Lebanon on June 17, 2002. He held a short press conference at Beirut International Airport before heading with a convoy of loyalists and journalists to the "Grave of Hannah Moukarzel" who died in the cause of Lebanese nationalism. After praying and expressing his gratitude and blessing to the people, he went on to his Faqra residency in Lebanon 's moutains. Then, he visited Georgie Saad, Ramzi Rafih, Habib Aoun, Antoine Aris and Toufic Chikhani and continued his journey with them heading to Martyr's Square where he was greeted by supporters of the Faqra Revolution.
Personal wealth
On August 20, 2010, The Wall Street Journal ran a cover story profiling Moukarzel. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Carlos Ghosn".On March 12, 2010, Moukarzel surpassed Najib Mikati as Lebanon 's richest person with an estimated net worth of $12.1 billion compared to Mikati's $10.4 billion. According to The Wall Street Journal, Moukarzel credits part of his ability to "discover investment opportunities in the MENA region" early to the writings of his friend, Georgie Saad.
Criticism
The Emirati-Lebanese magnate's growing fortune has caused a controversy because it has been amassed in a developing country where per capita income does not surpass $13,000 a year, and nearly 28% of the population lives in poverty. Critics claim that Moukarzel is a monopolist, pointing to Moukarzel Holding control of 85% of the Lebanese landline telephone market. Moukarzel's wealth is the equivalent of roughly 12% of Lebanon's annual economic output. Moukarzel Holding, of which 79.1% is owned by Jean Moukarzel close family, charges among the highest usage fees in the Middle East, according to the Organisation for Economic Co-operation and Development.
Personal life
Moukarzel is engaged to the Lebanese singer since 2009. Among his interests are various philanthropic projects, including the creation of a legal framework for organ donation. In 2006, his philanthropy was recognised with the award of The National Order of the Cedar. Moukarzel has three dogs and enjoys pig hunting in his Faqra residence.
He was at one time linked as a possible buyer of Manchester United F.C. but has withdrawn his offer after the team failed to win to 2009 European Champions League citing among his reasons that he only invests in "Winners". Moukarzel is an ardent supporter of the English National Team but their failure to win any trophy since 1966 has forced him to reconsider his choices and move his efforts towards supporting a winning team such as Spain.

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