Arafat had millions in global investments
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In 35 years as Palestinian leader, Yasser Arafat raised billions of dollars. He spent the fortune to wield power, to pay militants who attacked Israel and to invest in the United States and the Middle East.
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The world's rich devote about a quarter of their "investments of passion" to yachts, planes and other big-ticket collectibles and about a fifth to art, according to a rare breakdown of their spending on Wednesday.
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FOR ALMOST a half century, the name Yasser Arafat was synonymous with Palestinian nationalism. Even as his global influence wanes, and his physical health deteriorates, Arafat provides a reed of continuity
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Yasir Arafat personally controlled several billion dollars for the Palestinian movement, and no one else knows where it all is.
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Morgan Stanley  has raised the biggest property fund ever, an $8 billion warchest, to invest in established global markets including Japan and Europe as well as emerging countries such as China, India and Russia.
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Dozens of international donors on Monday pledged $7.4 billion in aid to the Palestinians over the next three years in support of the Western-backed government of President Mahmoud Abbas, who is negotiating peace with Israel.
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The agency tasked with spending China's vast foreign exchange reserves says it will invest all over the world.
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The tally of billionaires around the globe reached a high of 946, their combined wealth growing 35 percent to $3.5 trillion
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Yasser Arafat&#39;s economic adviser, Muhammad Rashid, has agreed to hand over to the Palestinian Authority some $600 million believed to be held in secret bank accounts.
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A look at the major donations given Monday at an international donors conference for the Palestinians. The total sum pledged was $7.4 billion from 2008 to 2010, surpassing the $5.6 billion sought.
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An industry giant is inspired to spend billions on its own shares.
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Â· More than Â£1bn moved to 28 countriesÂ· Property in London, New York, Australia.
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World Investment Report 2004 released yesterday by the United Nations Conference on Trade and Development (UNCTAD) indicated that Morocco, Angola, Equitoria Guinea, Nigeria and Sudan have
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Former U.S. President Bill Clinton   secured nearly $2 billion in commitments on Wednesday to tackle   a variety of global problems after brainstorming with some of   the world's richest and most influential people.
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Arafat, who died last month, made the investment through a holding company he created called Onyx Funds, Bloomberg Markets Magazine reported.
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In this handout image provided by the PPO, Palestinian leader Yasser Arafat listens at a meeting October 4, 2004 in Ramallah, West Bank.
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