Massad Boulos, a business multi-millionaire and founder of the billion-dollar organization Boulos Enterprises, boasts a net worth exceeding $1 billion. His son, Michael Boulos, the heir to the business empire, holds a fortune of $20 million.
Originating from Lebanon, Massad Boulos owns a diverse business empire encompassing trade-in automobile equipment, automotive, retail, transportation, logistics, manufacturing, and construction. The company, Boulos Enterprises, prioritizes customer satisfaction.
Renowned for his friendship with former US President Donald Trump, Massad Boulos’s family gained prominence when his youngest son, Michael Boulos, married Tiffany Trump, Donald J. Trump’s daughter, on November 12 in Florida. Michael, a 25-year-old inheritor to the multi-billion-pound business empire, proposed to Tiffany with a 1 million euros engagement ring.
Massad Boulos, the founder of Boulos Enterprises, has a net worth of over $1 billion, with the company generating more than $8 million in revenue. Born in Kfaraakka, Lebanon, Massad moved to South America, specifically Oklahoma, in the 1970s. His life took a turn when he married Sarah Fadoul, the daughter of tycoon Zouhair Fadoul.
The couple has four children – two sons, Fares and Oyibo, and two daughters, Oriane and Sophie, who were raised in Lagos, Nigeria. The family’s business journey began in Logan as a jewelry store, evolving into Boulos Enterprises Limited, founded by Massad and his brothers Anthony and Gabriel.
While Massad Boulos does not hail from a royal or affluent family background, he has become a self-made billionaire, following in the footsteps of his father-in-law. Apart from business, Boulos is involved in politics and contested in the 2018 elections in Lebanon.
Boulos Enterprises, a Nigerian distribution, trading, and assembly company, reports a revenue of $8 million and a net worth exceeding $1 billion. Established in 1964 by brothers Anthony and Gabriel Boulos, the company is the sole importer and distributor of Suzuki in Nigeria and holds popular international brand names such as Aprilia, Moto Guzzi, and Haojue.
Boulos Enterprises stands as the premier destination for high-quality vehicles tailored for Nigerian roads and rivers, boasting over 50 years of expertise in the Automotive Industry.
Boulos Enterprises Limited (BEL), based in Nigeria, holds a leading position as a distributor and trading company specializing in motorcycles, power bikes, cargo tricycles, and outboard vehicles. Their enduring success is attributed to their vision and mission statement, focusing on delivering exceptional products that consistently satisfy esteemed customers.
With an after-sales establishment that includes service repair support and the provision of genuine spare parts, BEL ensures a lasting partnership with customers. The team of experienced engineers and technicians in Nigeria collaborates to provide expertise, fostering a relationship that spans a lifetime.
BEL’s product range encompasses motorcycles with engine capacities ranging from 110CC to 1800CC, Suzuki Outboard Engines, Cargo Tricycles, Motor Bikes, Vans, ATVs, Buses, and more. The company has served millions of people both within and outside Nigeria, establishing partnerships with world-class companies locally and internationally.
Self-proclaimed as a “Super motor,” Boulos Enterprises Limited continues to be a prominent force in the automotive industry.
In terms of wealth, Michael Boulos, the son of Massad Boulos and husband to Tiffany Trump, is a renowned businessman and associate director with a net worth of $20 million. Born in 1997 and raised in Lagos, Michael inherited substantial wealth as the second son of the Boulos family, known for their billion-dollar enterprise, Boulos Enterprises.
Michael, having grown up in a family immersed in wealth, is the CEO of his father’s billion-dollar business and serves as the partner director of a Canadian investment company. His educational background includes a Bachelor of Arts in Global Business Management from London and a master’s degree in Project Management, Finance, and Risk from the City.
Starting his career in 2016 as the partner director of SCOA and completing a role at the Fudoul group in 2019, Michael has diversified his business endeavors across various fields owned by the Boulos family. His contributions to different companies within the family business contribute to his income.
Michael’s marriage to Tiffany Trump has further solidified his connection with another billionaire family, promising a prosperous future for the young entrepreneur.