Fred Daibes Wikipedia, Bio, Age, Ethnicity, Family, Net Worth

Fred DaibesFred Daibes Wikipedia, Ethnicity, Net Worth, Bio, Age, Career: Fred Daibes is the founder and CEO of Daibes Enterprises, a real estate development company. He is well-known as a renowned real estate developer in the Edgewater neighborhood, having founded Daibes Enterprises in the 1980s. Recently, Fred Daibes has been the subject of media investigation owing to suspicions of large bribe payments to Bob Menendez totaling hundreds of thousands of dollars. Daibes allegedly gave Menendez almost $550,000 in cash and a quantity of gold bars measuring 1 kilogram apiece.

This alleged bribery scheme lasted several years, during which Bob Menendez allegedly used his position’s authority and influence to protect Daibes Enterprises’ interests. Wael Hana was also said to have given Menendez large quantities of money in discrete white envelopes for personal reasons.

Fred Daibes Wikipedia, Bio, Age, Ethnicity, Family, Net Worth

Name Fred Daibes
Age 66 Year Old
Birth Date August 1957
Birth Place Leonia, New Jersey, America
Material status married
Wife Name Elizabeth Doran
Religion Christian
Nationality American
Father Name Assad
Mother Name Mona Daibes
Eye Color Black
Hair Color Grey
Height 5 Feet 10 Inches
Weight 70 kg
Net Worth $50 million

Who is Fred Daibes

Fred Daibes’ name has become synonymous with the development of the Hudson River shoreline in Bergen County, New Jersey. He is the founder and CEO of Daibes Enterprises, a firm that has created luxury apartments, hotels, restaurants, and retail spaces along the river. He is also the creator of Mariner’s Bank, a community bank that services the area. However, Daibes’ name has also been linked to legal issues, litigation, and controversies. He was recently indicted on federal accusations of conspiracy to conduct bribery and honest services fraud, together with Senator Bob Menendez and his wife Nadine Arslanian, and two other businessmen, Wael Hana and Jose Uribe.

Fred Daibes


Fred Daibes Age, Early Life, Bio, Wiki, Early Life, Education

Fred Daibes was born in Leonia, New Jersey, in August 1957 (age 66 as of 2023) to Assad and Mona Daibes. His parents were Lebanese immigrants who established a grocery business in Union City. Frieda, Joseph, Regina, and Eptisam are Daibes’ four siblings. He is an American citizen because he was born in New Jersey. Fred went to Leonia High School and was involved in athletics and student government. He graduated in 1975 and moved on to Fairleigh Dickinson University to study business administration. He quit college after two years to follow his entrepreneurial dreams.

Career

Fred Daibes is the founder and CEO of Daibes Enterprises, a dynamic consortium of companies operating in a variety of industries, including real estate development. Daibes Enterprises was founded in 1985 and has since grown to become one of the tri-state area’s most notable regional developers. While each subsidiary and corporation has its own identity, they work together under the direction of a single controlling authority. This collaborative strategy allows them to accelerate and streamline land development while maintaining their aims and ideals.

Along with his close-knit family engagement, Daibes’ success is attributed to his steadfast and well-defined business philosophy. The continual application of high standards across all projects has played a critical part in their annual growth. “The Alexander,” a residential landmark along River Road that sets a higher standard for Hudson living, is a significant tribute to Daibes’ dedication to delivering great quality. Fred is also the founder of Mariner’s Bank, and according to documents, he has served as the Chairman of the Board of Directors from its inception.

Fred Daibes is largely credited in Edgewater with shepherding the waterfront’s development from its industrial background to a beautiful “gold coast” studded with high-end towers. This success appears to have been aided by Daibes’ relationships with numerous Edgewater authorities, who reportedly favored him over competitor developers by rejecting their applications and favoring his profitable initiatives. These allegations are based on litigation and a recent New Jersey State Commission investigative report that shed light on alleged irregularities. The research revealed instances in which Daibes provided discounted apartments to Edgewater’s mayor and greatly contributed to the company of a local councilman while benefiting from development rights.

Fred Daibes’s Wife, Child

Daibes is married to Elizabeth Doran, a real estate attorney. Fred Jr. and Alexandra are their two children. They live in an Edgewater home with a view of the Hudson River.

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Fred Daibes Height, Weight

Fred Daibes has a wonderful body and an appealing countenance. He stands around 5 feet 10 inches tall and weighs approximately 70 kilograms. His hair is gray, and his eyes are black.

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Net Worth

Fred Daibes is a wealthy and powerful New Jersey real estate developer and bank founder who has been embroiled in several legal issues and indictments throughout the years. His net worth is expected to be $50 million as of 2023, according to various sources.

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