Raymond Rahme

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  1. Raymond Rahme Net Worth
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Raymond Rahme
ResidenceJohannesburg, South Africa
World Series of Poker
Bracelet(s)None
Money finish(es)3
Highest ITM
Main Event finish
3rd, 2007
European Poker Tour
Title(s)None
Final table(s)None
Money finish(es)2
Information accurate as of 5 July 2010.

Raymond Rahme (born 1945) is a South African professional poker player. He was the first African to reach a final table at a World Series of Poker Main Event, finishing third and earning $3,048,025,[1] equating to some R21,000,000 in his own country.'[2] He took his seat at the 2007 Main Event by finishing fourth at the All Africa Poker Championship, the largest poker tournament ever played on the African continent.[3] Because of this windfall, Rahme has made more money than any other African tournament poker player.[4]

Early days[edit]

Posts about Raymond Rahme written by InfoProOnline Social. Lebanon Finance News Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

Rahme left school at the age of fifteen — 'I have no formal education behind me [... but] I guess you could say I've been streetwise since an early age'[2] — and bought his first automobile with money garnered from illegal gambling dens in Hillbrow, Gauteng, where he made ends meet.

As an adult, however, he became a successful businessman, involved in such a variety of concerns as construction, car dealerships, nightclubs, bookmaking, restaurants and 'you name it'.[2]

Today[edit]

Rahme and his wife Teresa have six children. He plays online poker as a member of 'Team PokerStars' (which sponsored his trip to the WSOP) under the screen name 'Ray Rahme',[5] but it is less a passion than a duty now. 'I don't really enjoy internet poker,' he told SA Sports Illustrated recently, 'but my contract says I have to play online for sixty hours a month. Internet poker is impersonal. You have no control over the game or your opponents.'[2]

  1. عرض ملف Raymond Rahme الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. Raymond لديه 3 وظيفة مدرجة على ملفهم الشخصي.
  2. عرض ملف Raymond Rahme الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. Raymond لديه 3 وظيفة مدرجة على ملفهم الشخصي. عرض الملف الشخصي الكامل على LinkedIn واستكشف زملاء Raymond والوظائف في الشركات المشابهة.
  3. Raymond Rahme poker tournament results, including recent cashes, lifetime winnings, WSOP and WPT stats.
  4. The case also includes the representatives of ZR Energy, Teddy, and Raymond Rahme. The company, in December 2019, was awarded the tender for the import of 180,000 tons of 10 ppm diesel (fuel oil), used to meet the needs of certain power plants managed by EDL.

In 2006, he came into the online game only as a retirement hobby after being introduced to it by a friend:

Initially I took part in cash competitions with online players, but I got frustrated because I kept losing money. I was about to give up when my friend suggested I try online gambling, and that's where it all began. I paid R77 to take part in a satellite tournament and made it through to a mini-tournament, where I had to pay R385 to sign up. I won that and was invited to the All Africa Poker Championship in Swaziland, not online but around the table, and, when I finished in the top four there, I got a travel package of R150,000 to the main WSOP tournament in Las Vegas.[2]

He was strongly supported there by a vociferous throng of his countrymen, especially after he eliminated Alexander Kravchenko, at which point it burst into a jubilant rendition of 'Shosholoza'.[2] It was only after the WSOP, however, that he decided to make a career of his hobby: 'I didn't want to be known as a one-hit wonder.'[2] Since then, he has picked up victories at Gold Reef City and Emperor's Palace locally, and Sanremo, Swaziland and the Aussie Millions in Melbourne, among others.[2] As of 2009, his total live tournament winnings exceed $3,300,000.[6] His 3 cashes at the WSOP account for $3,063,786 of those winnings.[7]

Notes[edit]

  1. ^Justgambleforfree.com: WSOP 2007 Main Event Final Table Accessed 2007-11-26
  2. ^ abcdefghRedelinghuys, Pieter. 'Poker Face.' SA Sports Illustrated, October 2008: 67-68
  3. ^PokerPages.com profileArchived 2007-09-27 at the Wayback Machine
  4. ^Hendon Mob all-time money list
  5. ^pokerstars.com: Team PokerStars - Raymond Rahme
  6. ^Butt, Robert. 'Raymond Rahme'. The Hendon Mob. Retrieved 2008-04-16.
  7. ^World Series of Poker EarningsArchived 2009-06-13 at the Wayback Machine, worldseriesofpoker.com
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Raymond_Rahme&oldid=989490942'

Banque Pharaon and Chiha announced, on the 4th of October, the sale of 80% of the bank’s shares to Raymond and Teddy Rahme of ZR Group Holding. The latter is considered a well-known player in a multitude of industries such as banking and finance, media, real estate, catering and transportation.

Back to the sale, the main purpose of the deal was not related to financial problems but aimed the increase of the bank’s capital along with ensuring a developed business. However, and following the agreement the other bank shareholders, Pierre Doumit and Henry Helou, will maintain their respective 14% and 5% of the bank’s shares.

Raymond Rahme

The bank is one of the oldest in Lebanon with $300M of assets by the end of 2013. Net profits reached $4.9M over the same period, while customer deposits totaled $238.5M and loans amounted to $91.6M at the end of 2013. As any purchase of a bank’s shares is subject to approval by the Banque du Liban (BdL), the deal is expected to be concluded in 2 months.

Raymond Rahme Net Worth

Banque Pharaon and Chiha Figures ($M)

Cached

Assets300.00
Customer Deposits238.50
Loans91.60
Net Profits4.90

While Lebanon Implodes, Its Expatriates Have Helped Define ...

Source: Business News