Abdalla Salem El-Badri

About Abdalla Salem El-Badri

Birth Day: May 25, 1940
Birth Place: Libya
Birth Sign: Gemini
Preceded by: Subroto
Succeeded by: Rilwanu Lukman
Alma mater: Florida Southern College

Abdalla Salem El-Badri Net Worth

Abdalla Salem El-Badri was born on May 25, 1940 in Libya. Coordinates petroleum policies of 12-member oil cartel. Members own more than 1 trillion barrels of world's proved oil reserves. With oil prices rising above $80 a barrel, that's nothing to sneeze at. Members often defer to Saudi oil minister, but Secretary General not afraid to join the political fray; issued not-so-subtle warning to West to think twice before a military strike on Iran. El-Badri: "The [oil] prices would go unlimited."

💰 Net worth: Under Review

Biography/Timeline

1965

Abdalla El-Badri was born in Ghemines, Libya, and began his oil industry career in 1965 with Esso. He graduated cum laude from Florida Southern College in 1975 with a B.S. in accounting. He served as the Libyan Minister for Oil from 1990, the post being expanded to cover electricity in 1993. In 2000, he moved to become Under-Secretary for Services, then in 2002 he became Deputy Prime Minister. From 2002 to 2004, he served as Minister for Management.

2016

OPEC selected Nigeria's Mohammed Barkindo to succeed el-Badri as Secretary General, effective 1 August 2016. One of their predecessors was Omar el-Badri who held the position in 1970, although OPEC does not disclose any relation between its two Libyan Secretaries General with the same family name.