Sunday, May 8, 2011

Osama Bin Laden’s Family Owns Part of Microsoft and Boeing Among Other Companies

Search Engine King 'Google' has reported an estimated rise of 1 million percent for searches of the ‘bin laden’ keyword. This staggering mark was hit when Osama’s death announcement went viral on the internet and people took to social networks and blogs to vent out their opinions. Considering how in such a short time, the ‘bin laden’ keyword has captivated the internet, let us peak into the background of this family.

The bin laden family is listed as one of the most wealthiest families of Saudia Arab and has deep rooted connections with the Saudi Royal Family. What was otherwise a family which kept a low-profile, the bin laden family came under intense media spotlight when Osama bin laden, a member of this family, started his activities.The financial interests of the bin laden family are represented by the Saudi Binladen Group, which is a global oil and equity conglomerate with an annual turnout of over $5 billion. Apart from this, the bin laden family operates one of the largest construction firms in Saudia Arab, offices of which are spread out as far as London and Geneva. Interesting thing to note here, and what is also the gist of this article, is that the bin laden family owns part of Microsoft as well as of the well-known aircraft manufacturer Boeing, amongst various other companies.
Microsoft is esentially an American multinational corporation founded by Bill Gates and Paul Allen. Headquarters of Microsoft are in Redmond, Washington. The company was established on April 4th, 1975 primarly to sell BASIC interpreters for the Altair 8800. When Microsoft released MS-DOS in 1980s, the company sky-rocketed to fame and so did its value after the initial public offering (IPO) was made in 1986. Microsoft currently employs over 89,000 people and has an annual revenue of over $62.5 billion.
So yes, Osama bin laden opened his eyes in one of the richest families of Saudia Arab, which even owned a part of Microsoft. However, in 1994, the bin laden family, members of which are approximately told to be about 600, disowned Osama bin laden and the Saudi Government even revoked his citizenship.

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