PHOTOS: Osama bin Laden’s family buys famous marble quarry

| Published on August 18, 2014

Carrara Quarry

Picture 1 of 7

Prior to purchasing the Tuscan quarry, Bin Laden's family purchased approximately 20 percent of the quarry's marble on an annual basis.

 

Marble used in everything from Pantheon to Peace Monument

Osama bin Laden’s family is now the largest shareholder in Marmi Carrara, an Italian company that mines Tuscany’s sought-after Carrara marble, The Telegraph reports. It acquired 50 percent of the company for approximately $60 million.

Osama bin Laden was one of 53 children of Mohammed Bin Laden, founder of the company. He was disowned by the family in 1994, and his half-brother Bakr Bin Laden currently serves as chairman of the company.

Marble from the quarry has been used throughout the centuries for stunning projects ranging from Michelangelo’s David to the Oslo Opera House.

The family-owned business, Saudi Binladin Group, was previously a significant customer of the quarry – purchasing approximately 20 percent of the stone produced at the operation. 

“This is likely to grow, and I believe the group sees this as a strategic investment and has plans to enter the business of working the marble on site rather than just quarrying it,” said Antonio Menchini, an attorney who represented the company during the purchase.

In 2008, the quarry was featured in this car chase scene for the James Bond film Quantum of Solace.

advertisement
comments powered by Disqus

SUBSCRIBE & FOLLOW

advertisement

TWITTER

FACEBOOK

BLOG

advertisement
advertisement
advertisement