Kamel Nacif Borge
Encyclopedia
Kamel Nacif Borge is a Puebla based Mexican
businessman, born at Mexico City, of Lebanese
descent, known in Mexico as "El Rey de la Mezclilla" (the Denim King). He is one of the richest men in Mexico and one of the biggest and most famous gamblers in the world. He is said to have built the Caesars Palace
hotel in Las Vegas, Nevada
, with all the money he lost at the casino's baccarat
tables.
It is said that Kamel Nacif forged his own future by working really hard since the time he was 15-years-old. He started out as a small merchant by importing fabrics from overseas until he eventually built a textile empire that employed over 20,000 people. In 1999, he partnered with an apparel company known as the Tarrant Apparel Group, who manufactured denim jeans for brands such as Calvin Klein
, Tommy Hilfiger
, Chaps, Gap, Abercrombie and Fitch, and American Eagle.
In 2002 Vicente Fox and Pablo Salazar Mendiguchía celebrate with him a new export textile factory in San Cristobal de las Casas, Chiapas and also give him a soft loan for about 2 million dollars. He has also been related with the Puebla Governor Mario Marin in the illegal acquisition of real estate.
During 2004 he acquired for 44 million dollars the whole property (100% of the common stock) of the company "Tarrant Appareal Group", an organization with subsidiaries in Chile, China, Thailand, Korea and in the United States (Los Angeles and New York city). The "Sun Herald" refers an investigation of the Game Commission of Nevada about the involvement of Nacif Borge in drug trafficking and weapons smuggling. The relationship between the Mexican government and the entrepreneur was confirmed when he was the beneficiary of a soft loan of 5 million dollars during the Fobaproa program.
In 2005–06, he became embroiled in scandals of political and sexual nature. During this time he was accused of negotiating the non-approval of gambling laws in Mexico with Emilio Gamboa Patrón.
He was also named in Demons of Eden, the expose by journalist Lydia Cacho
, as having pulled strings to protect child abuser Jean Succar Kuri
. Subsequently he had her charged with defamation and was heard on tape negotiating with Puebla governor Mario Marín for Cacho to be captured by police and raped in jail.
Mexican people
Mexican people refers to all persons from Mexico, a multiethnic country in North America, and/or who identify with the Mexican cultural and/or national identity....
businessman, born at Mexico City, of Lebanese
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
descent, known in Mexico as "El Rey de la Mezclilla" (the Denim King). He is one of the richest men in Mexico and one of the biggest and most famous gamblers in the world. He is said to have built the Caesars Palace
Caesars Palace
Caesars Palace is a luxury hotel and casino located on the Las Vegas Strip in Paradise, Nevada, an unincorporated township in Clark County, Nevada, United States in the Las Vegas metropolitan area. Caesars Palace is owned and operated by Caesars Entertainment Corp....
hotel in Las Vegas, Nevada
Las Vegas, Nevada
Las Vegas is the most populous city in the U.S. state of Nevada and is also the county seat of Clark County, Nevada. Las Vegas is an internationally renowned major resort city for gambling, shopping, and fine dining. The city bills itself as The Entertainment Capital of the World, and is famous...
, with all the money he lost at the casino's baccarat
Baccarat
Baccarat is a card game, played at casinos and by gamblers. It is believed to have been introduced into France from Italy during the reign of King Charles VIII , and it is similar to Faro and Basset...
tables.
It is said that Kamel Nacif forged his own future by working really hard since the time he was 15-years-old. He started out as a small merchant by importing fabrics from overseas until he eventually built a textile empire that employed over 20,000 people. In 1999, he partnered with an apparel company known as the Tarrant Apparel Group, who manufactured denim jeans for brands such as Calvin Klein
Calvin Klein
Calvin Richard Klein is an American fashion designer who launched the company that would later become Calvin Klein Inc. in 1968. In addition to clothing, Klein has also given his name to a range of perfumes, watches, and jewelry....
, Tommy Hilfiger
Tommy Hilfiger
Thomas Jacob "Tommy" Hilfiger is an American fashion designer and founder of the premium lifestyle brand Tommy Hilfiger.-Early life:...
, Chaps, Gap, Abercrombie and Fitch, and American Eagle.
In 2002 Vicente Fox and Pablo Salazar Mendiguchía celebrate with him a new export textile factory in San Cristobal de las Casas, Chiapas and also give him a soft loan for about 2 million dollars. He has also been related with the Puebla Governor Mario Marin in the illegal acquisition of real estate.
During 2004 he acquired for 44 million dollars the whole property (100% of the common stock) of the company "Tarrant Appareal Group", an organization with subsidiaries in Chile, China, Thailand, Korea and in the United States (Los Angeles and New York city). The "Sun Herald" refers an investigation of the Game Commission of Nevada about the involvement of Nacif Borge in drug trafficking and weapons smuggling. The relationship between the Mexican government and the entrepreneur was confirmed when he was the beneficiary of a soft loan of 5 million dollars during the Fobaproa program.
In 2005–06, he became embroiled in scandals of political and sexual nature. During this time he was accused of negotiating the non-approval of gambling laws in Mexico with Emilio Gamboa Patrón.
He was also named in Demons of Eden, the expose by journalist Lydia Cacho
Lydia Cacho
Lydia Cacho Ribeiro is a Mexican journalist and feminist and human rights activist. She is a member of the Red Internacional de Periodistas con Visión de Género.-Biography:...
, as having pulled strings to protect child abuser Jean Succar Kuri
Jean Succar Kuri
Jean Thouma Hannah Succar Kuri is a Lebanese-born Mexican businessman convicted of pederasty in Cancún, Quintana Roo...
. Subsequently he had her charged with defamation and was heard on tape negotiating with Puebla governor Mario Marín for Cacho to be captured by police and raped in jail.