Lebanese rower Ara Khatchadourian. photo: Jamie Prentis
Lebanese rower Ara Khatchadourian. photo: Jamie Prentis
Lebanese rower Ara Khatchadourian. photo: Jamie Prentis
Lebanese rower Ara Khatchadourian. photo: Jamie Prentis

Lebanese adventurer rows 4,000km from Marseille to Beirut in humanitarian drive


Jamie Prentis
  • English
  • Arabic

It had been more than three years since Ara Khatchadourian had seen the Lebanese coastline, the country where he spent his childhood years.

On Tuesday he stepped into Lebanon again – not at Beirut's Rafic Hariri International Airport but from the boat he had rowed nearly 4,000km from Marseille to the Lebanese capital in a charity fund-raising drive.

“I've not realised what I've done. Every time I do something like this, I need two months to realise what I've done,” the Lebanese-Armenian adventurer tells The National in his first interview since arriving in Beirut only a few hours before.

Mr Khatchadourian's Rowing for Peace quest began on May 27, in which he sought to contribute to the fight against poverty, wars around the world and discrimination against people with disabilities.

His lowest point was off the Italian coast when his boat broke and he had to pause for a couple of days.

He describes his effort as a humanitarian mission – but it is not his first. Previously he ran in 2018 from France to Armenia in a Running for Peace fund-raiser, covering the distance of 107 marathons in the process. He also climbed Mount Everest in 2016 in memory of all genocide committed in the 20th century including in Armenia, from where his ancestors came.

But Mr Khatchadourian, showing off his heavily calloused hands, says the rowing was the hardest and the conditions, waves and current in the Mediterranean Sea brutal. He talks of blisters and almost constant discomfort.

“You know happiness when you have passed this kind of challenge, pain and difficulty.”

Mr Khatchadourian, 58, left Lebanon aged 19 as the country was engulfed in its brutal 15-year civil war. He went to Marseille in southern France to join an uncle and worked as a jeweller.

“When I arrived in France, I didn't speak French, I had $100 in my pocket. I said I must work a lot, I worked 16 hours a day, seven days a week.”

But it wasn't until he was 40 that he began to become interested in sport and running, including the Beirut marathon.

Than more extreme adventures came. What followed was a series of ultra marathons, Ironmans and long multiday runs in France. He discovered an interest in climbing, which led to summits of Kilimanjaro, mountains in the Bolivian Andes, the 7,134 metre Lenin Peak, and – of course – Everest.

“I began small, I liked it. After, I said I must do these things for humanitarian causes.”

Ara Khatchadourian at sea. Courtesy Ara Khatchadourian
Ara Khatchadourian at sea. Courtesy Ara Khatchadourian

The row for peace had been several years in the making – he used to come to Lebanon every year – but the Covid-19 pandemic then the fatal 2020 Beirut port explosion put a dent in the plans.

“The city … it's the people that are most important for me.”

Mr Khatchadourian's journey ended at a naval base in Beirut, in sight of the port where the explosion took place killing more than 200, injuring thousands, and levelling large parts of the capital.

He says he has raised about $10,000 for charity. There are two main beneficiaries of the fund-raising; Achrafieh 2020, a grass-roots organisation based in the Lebanese capital that supports the local community, and T’Cap21, a French organisation that supports people with Down syndrome.

Lebanese rower Ara Khatchadourian.
Lebanese rower Ara Khatchadourian.

Mr Khatchadourian says the decision to support Achrafieh 2020 came after he saw an interview on French TV with Akram Nehme, who heads the organisation.

“After Everest, in 2018 I ran from France to Armenia. When I'd ran 100 marathons, I said 'what am I going to do for Lebanon? I would like to do something.'

“This time it's not only for peace, but to help an NGO. We have raised around $10,000. I would like more, because I said – 4,000km, I need $10 per kilometre. There's still time. I'm going back [and forth] until I have $40,000,” he jokes.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The bio

Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home

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A typical week's training for Sebastian, who is competing at the ITU Abu Dhabi World Triathlon on March 8-9:

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  • One session therapy session at DISC Dubai
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For more information go to www.abudhabi.triathlon.org.

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Spending an excessive amount of time on the phone.

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

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Updated: August 23, 2023, 6:08 AM