6 Moroccans made it to Forbes’ Annual list of 100 Richest Arabs

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This year’s list featured leaders in various sectors such as construction, real estate, and oil and gas. Out of 100 6 Moroccans made it to Forbes’ Annual list of 100 Richest Arabspowerful tycoons from 13 countries across the region, 6 are from Morocco.

Othman Benjelloun, chairman and CEO of BMCE Bank, topped the list of Moroccan billionaires. With a net worth estimated at $2.8 billion, he is 13th overall.

Miloud Chaabi, with a net worth estimated at $1.9 billion is the second richest Moroccan and 26th overall. He has investments in renewable energy, supermarket and hotels.

Due to his ownership stake in Akwa Group , the multibillionaire Aziz Akhenouch is ranked the third richest billionaire in Morocco and 33rd in the Arab region, with an estimated net worth of $1.4 billion. He also has interests in chemicals, gas and petroleum,

The 39th richest Arab and 4th richest in Morocco has a total net worth estimated at $1.25 billion.
Anas Sefrioui is a real estate businessman and 61.7% owner of the corporate enterprise known as Douja Promotion Groupe Addoha.

The fifth place on the list of Morocco’s richest tycoons is Alami Lazraq. He runs real estate development company Groupe Alliances, the largest builder of hotels in Morocco. His net worth is estimated at $ 414.7 million. He is ranked 57th on the list.
The last Moroccan name on Forbes’ list is Fouad Fahim. He is the 6th richest man in Morocco and 82nd in the overall list. The Fahim family has an overall stake of 67.58% in Delta Holding SA. It is one of the major industrial players and is focused around five areas – infrastructure, industry, mass, environment and services.

Mohamed Dekkak