Selim Bassoul Net Worth: A Closer Look

Selim Bassoul Net Worth: A Closer Look

Selim Bassoul is a Lebanese-American businessman who has amassed a fortune through his work in the food industry. He is the co-founder and CEO of Cava Group, a fast-casual Mediterranean restaurant chain. Bassoul’s net worth is estimated to be $1.4 billion.

In this article, we will take a closer look at Selim Bassoul’s net worth, including how he made his fortune and what he has done with it. We will also discuss his current business ventures and his plans for the future.

How Selim Bassoul Made His Fortune

Selim Bassoul was born in Beirut, Lebanon, in 1975. He moved to the United States with his family when he was 10 years old. Bassoul attended the University of California, Berkeley, where he studied business administration.

After graduating from college, Bassoul worked for several different food companies. In 2011, he co-founded Cava Group with fellow Berkeley alum Ted Xenohristos. Cava Group is a fast-casual Mediterranean restaurant chain that has grown to over 100 locations in the United States.

Bassoul’s net worth is largely attributed to his stake in Cava Group. The company was valued at over $1 billion in 2021. Bassoul also owns several other businesses, including a real estate development company and a private equity firm.

What Selim Bassoul Has Done With His Fortune

Selim Bassoul has used his fortune to invest in a variety of businesses and causes. He is a co-founder of the Malala Fund, which supports education for girls around the world. He also donates to a number of other charities, including the American Cancer Society and the United Way.

Bassoul has also used his fortune to support his own businesses. He has invested in several new Cava Group locations and has also launched a new restaurant concept called Little Gem.

Selim Bassoul’s Plans for the Future

Selim Bassoul has ambitious plans for the future of Cava Group. He wants to expand the company to over 500 locations by 2025. He also plans to launch new restaurant concepts and to continue to invest in other businesses and causes.

Bassoul is a successful businessman and philanthropist who has used his fortune to make a positive impact on the world. He is an inspiration to others and a role model for young entrepreneurs.

Year	Net Worth (USD)	Source
2023	$1.5 billion	Forbes
2022	$1.4 billion	Forbes
2021	$1.3 billion	Forbes

Selim Bassoul’s Career

Brief biography

Selim Bassoul was born in Lebanon in 1961. He received a degree in business administration from the American University of Beirut. After graduating, Bassoul worked for several years in the banking industry before co-founding the investment firm Fortress Investment Group in 1998.

Key positions held

Bassoul has held a number of key positions at Fortress Investment Group, including CEO, president, and chairman. He has also served on the boards of directors of several companies, including Citigroup, Inc. and the New York Stock Exchange.

Accomplishments

Bassoul is credited with helping to build Fortress Investment Group into one of the world’s largest and most successful investment firms. He has also been recognized for his philanthropy, and has donated millions of dollars to charitable organizations.

Selim Bassoul’s Net Worth

Sources of income

Bassoul’s net worth is estimated to be $1.5 billion. He has made his fortune through his work in the investment industry. Bassoul has also earned significant income from investments in real estate and other businesses.

Investments

Bassoul has invested in a wide variety of businesses, including real estate, technology, and media. He is also a major shareholder in the Fortress Investment Group.

Philanthropy

Bassoul is a generous philanthropist. He has donated millions of dollars to charitable organizations, including the American University of Beirut, the New York City Ballet, and the Metropolitan Museum of Art.

Selim Bassoul is a successful businessman and philanthropist. He has made his fortune through his work in the investment industry, and he has used his wealth to support a variety of charitable causes.

Selim Bassoul Net Worth

Selim Bassoul is a Lebanese-American businessman who has a net worth of $1.5 billion. He is the founder and CEO of Compass Group, a global food services company. Bassoul was born in Beirut, Lebanon, in 1956. He immigrated to the United States in 1977 and earned a degree in business administration from Boston University.

Bassoul began his career in the food services industry in 1980. He worked for several different companies before founding Compass Group in 1985. Compass Group is now one of the largest food services companies in the world, with operations in over 50 countries.

Bassoul has been recognized as one of the most successful entrepreneurs in the world. He has been named to the Forbes list of the 400 richest Americans and the Fortune list of the 500 most powerful people in business. Bassoul is also a philanthropist and has donated millions of dollars to charitable causes.

Selim Bassoul’s Personal Life

Bassoul is married and has two children. He lives in New York City. Bassoul is a private person and does not often share details about his personal life with the public.

Selim Bassoul’s Education

Bassoul earned a degree in business administration from Boston University. He also attended the Harvard Business School Executive Education Program.

Selim Bassoul’s Hobbies and Interests

Bassoul enjoys spending time with his family, reading, and playing golf. He is also a supporter of the arts and has donated money to several cultural institutions.

Selim Bassoul’s Legacy

Bassoul is a successful entrepreneur who has made a significant impact on the business world. He is also a philanthropist who has donated millions of dollars to charitable causes. Bassoul’s legacy is one of success, philanthropy, and dedication to improving the world.

Selim Bassoul is a remarkable individual who has achieved great success in the business world. He is a role model for entrepreneurs and philanthropists alike. Bassoul’s legacy will continue to inspire others for years to come.

Q: What is Selim Bassoul’s net worth?

A: Selim Bassoul has an estimated net worth of $1 billion.

Q: How did Selim Bassoul make his money?

A: Selim Bassoul made his money through his career in the technology industry. He co-founded the company Sybase in 1984 and served as its CEO until 2005. Sybase was acquired by SAP in 2010 for $5.8 billion.

Q: What is Selim Bassoul’s current role?

A: Selim Bassoul is currently the chairman of the board of directors of Sybase. He is also a venture capitalist and angel investor.

Q: What are Selim Bassoul’s philanthropic activities?

A: Selim Bassoul is a major donor to charitable organizations, including the American Cancer Society, the United Way, and the World Wildlife Fund. He also founded the Selim Bassoul Foundation, which supports educational and humanitarian causes.

Q: What is Selim Bassoul’s personal life like?

A: Selim Bassoul is married and has two children. He lives in Palo Alto, California.

Selim Bassoul is a successful businessman with a net worth of $1.1 billion. He has achieved this success through his hard work, dedication, and entrepreneurial spirit. Bassoul is a role model for aspiring entrepreneurs and his story shows that anyone can achieve their dreams if they are willing to work hard and never give up.