Al-Jazeera has reported that a "bitter fight [has] broken out over who should control [Arafat's] fortune, estimated to be between $4.2 billion and $6.5 billion." Other estimates are lower...

Al-Jazeera's is probably the highest estimate of Arafat's wealth, with others ranging between $300 million and $3 billion. A report by Forbes magazine in March of 2003 reported that Arafat was rated #6 on the list of the world's richest "Kings, Queens and Despots." A CBS report last year stated, "U.S. officials estimate Arafat's personal nest egg at between $1 billion and $3 billion." It is widely known that Arafat purposely blurred the line between money given to the PLO, the Palestinian Authority and himself, and that it will not be easy to separate them once his death is finalized. Al-Jazeera reports that he owns a number of hotels and holiday resorts in Spain, Italy, France, Switzerland, and Austria; is the main shareholder in two cellular telephone companies operating in Tunisia and Algeria; and is in partnership in some of his businesses with Arab politicians and entrepreneurs such as Rifaat Assad, a brother of the late Syrian President Hafez Assad.

From Arutz Sheva. Read more.