Hosni Mubarak case, says the [International Monetary Fund]. In fact, luck was on Hosni Mubarak's side; when the US was hunting for a military alliance to force Iraq out of Kuwait, Egypt's president joined without hesitation. After the war, his reward was that America, the Arab states of the Persian Gulf, and Europe forgave Egypt around $20 billion of debt. President Mubarak spoke out against the 2003 Iraq War, arguing that the Israeli–Palestinian conflict should have been resolved first. He also said the war would cause "100 Bin Ladens." However, as President he did not support an immediate US withdrawal from Iraq
Hosni Mubarak believed the personal wealth of Mubarak and his family was between and from military contracts made during his time as an air force officer. "The Guardian" reported that Mubarak and his family might be worth up to garnered from corruption, bribes and legitimate business activities. The money was said to be spread out in various bank accounts, including some in Switzerland and the UK, and invested in foreign property. The newspaper said some of the information about the family's wealth might be ten years old. According to "Newsweek", these allegations are poorly substantiated and lack credibility. On 12 February 2011,