October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix NowOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Dawood Ibrahim Net Worth: What Is Known About the $6.7 Billion Estimate

A reported US$6.7 billion estimate dates to 2015 and is not a verified current valuation of Dawood Ibrahim’s wealth.
From TheFinanceBase Team2 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Dawood Ibrahim’s current net worth is not reliably known. A 2017 India Today report attributed a US$6.7 billion estimate to Forbes for 2015, but that is a dated estimate reported secondhand—not a verified valuation of his wealth today.

What is Dawood Ibrahim’s net worth?

No reliable current net-worth figure is established by the available sources. The often-repeated US$6.7 billion number refers to a Forbes estimate for 2015, as reported by India Today on September 13, 2017. The original Forbes estimate was not independently verified here, and the report does not establish Ibrahim’s present-day wealth.

What does the $6.7 billion figure mean?

It is a historical estimate of net assets attributed to Forbes, not a current audit or independently documented calculation. The figure should therefore be described with both its date and reporting source: Forbes’ 2015 estimate, as attributed by India Today in 2017. It should not be presented as a confirmed or current net worth.

Why sanctions records do not establish his net worth

Government designations and sanctions can document legal action without providing a complete inventory or valuation of an individual’s assets. The U.S. Treasury’s 2003 announcement described a designation and freezing of assets within U.S. jurisdiction. Its 2015 release described action against people and a company linked to D Company. Neither release values all assets attributed to Ibrahim.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

The UN Security Council’s narrative summary for Dawood Ibrahim Kaskar’s listing describes criminal activity associated with him and D Company; it does not provide a current net-worth figure. A sanctions listing, a frozen asset, or an estimate of an organization’s activity is not equivalent to a verified calculation of personal wealth.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What official statements say—and what they do not

In a 2015 parliamentary statement, India’s Home Minister said Ibrahim was wanted in connection with the 1993 Mumbai serial blasts and that India had provided information to Pakistan. That is the Government of India’s stated position at the time, as recorded by the Press Information Bureau; it is not a financial valuation.

A 2015 U.S. Treasury release quoted Adam J. Szubin, then Director of the Office of Foreign Assets Control, saying: “Today, the United States is targeting D Company, a violent organization notorious for its drug trafficking activities and terrorism.” The quote describes the Treasury action and the agency’s characterization of D Company. It does not establish the size of Ibrahim’s personal wealth.

How to read claims about his wealth

  • Check the year attached to a figure; the US$6.7 billion figure concerns a 2015 estimate reported in 2017.
  • Check what is being measured: personal net worth, an organization’s revenues, and assets frozen or seized are different things.
  • Look for the original estimate, its methodology, and underlying asset records. The available sources do not provide a verified current asset breakdown or a reliable method for turning alleged criminal activity into personal net worth.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.