At a time when the majority of the population in areas controlled by Assad are suffering from hunger, poverty and the loss of basic necessities of life, information released by foreign sources has revealed the enormous wealth of the drug lord Bashar al-Assad and his family.
The areas under Assad's control are witnessing a state of popular unrest against the Assad regime due to the deterioration of economic conditions, the collapse of the value of the Syrian pound and the insane increase in prices and inflation rates, against the background of the Assad government's continued pursuit of policies aimed at impoverishing the people (increasing subsidies and prices...).
200 tons of gold and billions of dollars
The Saudi newspaper Elaph revealed the size of Assad's enormous wealth, citing a British source who said that Assad's wealth, according to the British intelligence service MI6, amounts to 200 tons of gold, 16 billion dollars, as well as 5 billion euros.
Calculating the aforementioned wealth of Assad against the dollar, which is approximately equal to 34 billion dollars, is equal to the entire Syrian budget for 7 years. The Syrian budget for 2023 was equivalent to 5.4 billion dollars.
The swimmer Bashar al-Assad
While most Syrians in areas controlled by the Assad militia live below the poverty line, the Saudi newspaper reported information that Bashar al-Assad spends a lot of time in the swimming pool, the gym and watching television.
She also noted that Bashar al-Assad likes to stay in the Palace Security Bureau and the Economic Ministry, which has most of its employees female and is run entirely by his wife, Asma al-Assad.
The disclosure of Assad's wealth comes against the backdrop of growing discontent in recent times in his regions, which are witnessing popular unrest, especially in the coastal areas, which are the hotbed and human reservoir of the Assad regime in its war in Syria for the past 12 years.
It also comes at a time when Syrians are once again clamoring for the overthrow of the regime and the departure of Assad, as is happening now in Suwayda province, which has been continuing its popular uprising since the middle of last month.
US estimates are inaccurate
New information about the size of Assad's wealth indicates that the American estimates previously announced by the State Department were inaccurate. In April 2022, the US State Department estimated in a report the wealth of Assad and his family between one billion and two billion dollars.
The report, which was prepared at the request of Congress, and only part of it was published while another part was kept secret, claims that "the Assad family owns assets under false names or through shady real estate transactions" which leads to the assessment that their assessment is inaccurate.
The Ministry of Foreign Affairs also stated that its information is based on open sources (that is, possibly active pages on social networks) and that according to non-governmental reports and some media outlets, the Assad family manages a covert system consisting of straw companies and front companies that his militias use as a tool to access financial resources.
In 2020, the Global Witness website revealed in a report that Assad's family and relatives own luxury apartments in the skyscraper district of Moscow, worth more than forty million dollars.