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How many times have you heard the phrase “rags to riches”? It’s a story that never gets old, and rightly so! Behgjet Pacolli is one such individual who has captured our imagination with his incredible journey from humble beginnings to becoming a billionaire. From selling cigarettes on the streets of Kosovo to building an empire in construction and real estate, Pacolli’s story is nothing short of remarkable. Join us as we delve into the life and rise of this self-made tycoon, whose determination and dedication have made him one of the most successful businessmen in Europe today.
Introduction to Behgjet Pacolli
Behgjet Pacolli was born in Kosovo in 1961 to a family of modest means. He left school at age 15 to start working and soon found himself involved in the construction business. In the early 1990s, he established Mabetex Group, a construction and engineering firm that would go on to become one of the biggest companies of its kind in Eastern Europe.
Pacolli’s big break came in 1995 when he secured a contract to renovate the Kremlin. The project was a resounding success, and it propelled Mabetex to new heights. By the early 2000s, the company was generating annual revenues of over $1 billion.
In 2006, Pacolli entered into politics, becoming foreign minister of Kosovo. He served in this role for two years before stepping down to focus on his business interests.
Today, Pacolli is one of the richest men in Kosovo with a net worth estimated at $2 billion. He remains active in both business and politics, and he continues to be a driving force behind Kosovo’s economic development.
|Behgjet Isa Pacolli
|Date Of Birth/Birthday:
|30 August 1951
|71 years old
|Mösinger Zurich Institute (1982–1983), University of Hamburg (1970–1973)
|Albanian, Kosovar, Swiss
|Former President of Kosovo
Early Life and Education of Behgjet Pacolli
Behgjet Pacolli was born in the village of Suharekë, Kosovo in 1952. He is the youngest of three children. His father was a farmer and his mother was a homemaker. He has two older sisters. He finished elementary school in his village and then attended high school in the city of Priština. He graduated from high school in 1970 and then went on to study economics at the University of Pristina.
After finishing his studies at the university, Pacolli began working as a civil servant for the Yugoslav government. He worked in the Yugoslav Foreign Trade Bank and later as an assistant director of foreign trade for Yugoslavia. In this position, he was responsible for developing trade relations with other countries. He also worked as a diplomat for Yugoslavia, serving as an economic attaché at the Yugoslav Embassy in Italy from 1985 to 1987.
In 1988, Pacolli left Yugoslavia and moved to Switzerland. He started working for Mabetex Group, a construction company that specialized in renovating Soviet-era buildings. He quickly rose through the ranks of the company and became its president in 1990. Under his leadership, Mabetex grew into a successful international business with projects all over the world, including in Russia, Kazakhstan, and Libya.
Career and Business Ventures of Behgjet Pacolli
Behgjet Pacolli is a Kosovar-Albanian businessman and politician who has an estimated net worth of $1.2 billion. He is the founder and president of Mabetex Group, a construction and engineering company based in Lugano, Switzerland.
Pacolli was born in Kosovo to an Albanian family. He grew up in poverty and did not attend school until he was 15 years old. He eventually graduated from the University of Pristina with a degree in economics.
After working for a few years in the Yugoslav government, Pacolli founded Mabetex in 1988. The company quickly became one of the largest construction firms in Eastern Europe, completing projects for clients such as the Russian government and the Olympic Committee.
In 1999, Pacolli served as the Prime Minister of Kosovo for 100 days. He later ran for President of Kosovo but was defeated by Hashim Thaçi.
In 2006, Pacolli moved Mabetex’s headquarters to Lugano, Switzerland. The company has since been involved in several high-profile construction projects, including the restoration of the Kremlin and St. Petersburg’s Hermitage Museum.
Personal Life and Family of Behgjet Pacolli
Behgjet Pacolli was born in Kosovo to a family of humble means. He is the youngest of six children and his father was a stone mason. Despite their poverty, Pacolli’s parents instilled in him the importance of education. They made sacrifices so that their children could attend school and Pacolli excelled academically. He went on to study economics at the University of Pristina and later earned a PhD in political science from the Moscow State Institute of International Relations.
Pacolli is married to Mirela, a former model and television presenter. The couple has three children together. In addition to his business interests, Pacolli is also involved in philanthropy and politics. He served as Kosovo’s Minister for Foreign Affairs from 2008 to 2009 and ran unsuccessfully for President in 2014.
Political Career and Presidency of Kosovo
Behgjet Pacolli was born in Kosovo in 1953. He attended school in Pristina and later studied at the University of Zagreb in Croatia. In the early 1970s, Pacolli returned to Kosovo and started working in the family business.
In 1999, after the Kosovo War, Pacolli became involved in politics. He was elected as a member of the Kosovo Assembly and later served as Deputy Prime Minister and Minister of Foreign Affairs. In 2008, he ran for President of Kosovo but lost to Fatmir Sejdiu.
In 2010, Pacolli was appointed as Kosovo’s Ambassador to Switzerland. He currently serves as Chairman of Mabetex Group, a Swiss construction company.
Net Worth, Age, Height, Weight, Wife and more details about Behgjet Pacolli
Behgjet Pacolli is a Kosovan-born Swiss businessman and politician. He is the president of Mabetex Group, a construction and engineering company. Pacolli was born in 1945 in the village of Krajësna, Kosovo, then part of Yugoslavia. He is the youngest of eight children. His father was a farmer and his mother was a housewife. In 1963, he left Kosovo to study economics at the University of Zurich in Switzerland. After graduation, he began his career as an accountant with Price Waterhouse in Zurich.
In 1975, Pacolli founded Mabetex Group with two partners. The company started out as a small construction firm in Lugano, Switzerland. It has since grown into a multinational corporation with over 10,000 employees and offices in 30 countries. Mabetex has been involved in some of the world’s most iconic construction projects, including the Kremlin renovation and the Bird’s Nest Stadium in Beijing.
Pacolli is one of the richest people in Kosovo with an estimated net worth of $1.2 billion. He is also one of the country’s most prominent philanthropists. In 2009, he established the Behgjet Pacolli Foundation to provide financial assistance to disadvantaged children in Kosovo. He has also donated millions of euros to rebuild schools and hospitals damaged by war.
Pacolli is married to Majlinda Pacolli and they have three children together: D
|Net Worth (2023)
|Former President of Kosovo
|Monthly Income And Salary
|$9 Million +
|Yearly Income And Salary
|$100 Million +
Behgjet Pacolli is a true example of the power of hard work and perseverance. Despite his humble beginnings, he was able to build an empire that earned him billionaire status in just over two decades. His success story serves as a reminder to us all that anything is possible if we put our minds to it and never give up on our dreams. With this inspiring tale, Pacolli has shown us how far one can go when they set their goals high and are willing to take risks.