Ghassan moukheiber biography of barack
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A Family Business
Many political dynasties have been playing leading roles in Lebanese politics since the independence of the country, including – but not limited to –the Gemayel, Joumblatt, Arslan, Chamoun, Karami, Frangieh, and Salam families.
Ghassan moukheiber biography of barack
Other dynasties have emerged later, during or right after the civil war, and have also been passing on seats from a generation to another, most notably theAoun and Hariri families. While the country's economic collapse has inversely affected the influence of components of the "Old Rich" in the Lebanese social landscape, it has also prompted a more resilient reliance on familial actors who have accumulated wealth and foreign investments in the past few decades.
According to the 2014 report, the average lifespan of a family business in Lebanon is around 40 years, compared to an average of 28% globally.
Moreover, 28% of these businesses are experiencing growth. In fact, according to the study, around two-thirds of family firms