Age, Biography and Wiki

Edward M. Fram was born on 1905 in Iraq, is an A 20th-century philanthropist. Discover Edward M. Fram's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 50 years old?

Popular As N/A
Occupation Entrepreneur
Age 50 years old
Zodiac Sign
Born 1905
Birthday 1905
Birthplace N/A
Date of death 1955
Died Place Basra
Nationality Iraq

We recommend you to check the complete list of Famous People born on 1905. He is a member of famous Entrepreneur with the age 50 years old group.

Edward M. Fram Height, Weight & Measurements

At 50 years old, Edward M. Fram height not available right now. We will update Edward M. Fram's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Edward M. Fram Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Edward M. Fram worth at the age of 50 years old? Edward M. Fram’s income source is mostly from being a successful Entrepreneur. He is from Iraq. We have estimated Edward M. Fram's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Entrepreneur

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Timeline

1904

Prior to this, only 3 insurance companies were known to be operating in Iraq, under the Ottoman Commercial Law of 9 August 1904, one of which was the General Accident Fire and Life Assurance Corporation (now Aviva Insurance Ltd.) from 1928.

1905

Edward Manuel Fram (1905–1955) was a Christian Iraqi entrepreneur and philanthropist.

1920

Edward Fram was survived by seven children (five daughters, two sons) and his wife, Salima (1920–1961).

His youngest daughter, Thelma Edward Marougy (née Fram), is a fluid specialist at Eaton Corporation.

1930

Fram was one of the first and main players in Basra's nascent bonds and securities markets from the mid-1930s.

1936

Living and working in Basra in what was then the Ottoman Empire, Edward Fram was a key figure in the country's modern insurance industry, as the owner of one of Iraq's first insurance agencies operating under the Insurance Companies Act No. 74 (1 April 1936).

This was the first Iraqi law passed to specifically regulate the industry.

His name is the only one listed in the Basra bonds section within Iraq's sole pre-Baathist business directory, published by the Interior Ministry in 1936.

Fram was a major goods importer, exporter, makers' representative and also acted as the exclusive agent in Iraq for Selfridges, amongst other western companies.

During the Second World War, he provided housing for British troops as part of the development of Basra as a "large-scale base" and traded scrap metal left by the British military after the war, as did other well-known merchants such as Naji Al-Khedhairi.

Fram also ran the Basra office of Iraq Tours, the country's first travel agency, which had Iraqi Prime Minister Tawfiq al-Suwaydi as chairman, and which played a key role in Operation Ezra and Nehemiah alongside the Near East Transport Company and the Israeli national airline El Al.

Edward Fram died aged 50 in a car accident, a short distance from his hometown of Basra, on his return from a visit to the Hanna-Sheikh family's Abu Al-Khaseeb retreat.

A member of the Al-Sa'adoon family with whom he was travelling also died in the crash, along with the chauffeur.

1964

By the time of the nationalisation of the industry in 1964, there were still just 15 branches and agencies of regional (Arab) and foreign insurance companies across Iraq, including Egypt's Al-Chark Insurance Company.

2007

Al-Chark (part of Misr Insurance since 2007 ) was the first to set up an agency in Transjordan towards the end of the 1940s and was one of the first in Iraq, where Edward Fram acted as their agent from as early as 1936.

Fram also represented France's oldest insurer L’Union de Paris (later UAP, now part of AXA) and other insurance companies, along with Shafiq Ades, Andrew Weir, 1st Baron Inverforth and other notable businessmen.

2009

Edward Fram is the grandfather of American technology executive and namesake, Edward Y Abbo, formerly Senior Vice President at Oracle Corporation and currently President and Chief Technical Officer at C3 IoT, a data analytics company founded in 2009 by Tom Siebel.

He is also the grandfather of Michael Y Abbo, an emergency physician and assistant clinical professor at the University of California San Francisco, Ayad Sarraf, former manager of Fulham Deaf FC and now club secretary, and Sally Fram, PhD - a British cancer expert and regulatory affairs executive at AstraZeneca.

Edward Fram is the great-grandfather of Rafi Allos, an intellectual property specialist and partner at Allen and Overy.