Akhannouch indirectly owns shares in Afriquia Gaz SA and Maghreb Oxygene through the multibillion-dollar conglomerate Akwa Group.Â
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Aziz Akhannouch
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Akhannouch, appointed prime minister of Morocco in September 2021, derives the majority of his fortune from the Akwa Group.
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Akhannouch derives the majority of his fortune from Akwa Group, a multibillion-dollar conglomerate founded in 1932 by his father.
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Akhannouch, Morocco’s prime minister and wealthiest individual, has lost half a billion dollars due to declining petroleum assets.
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Moroccan billionaire Aziz Akhannouch suffers $400-million net worth drop in first quarter of 2023
The decline in Akhannouch’s net worth can be linked to his shares in Afriquia Gaz SA.
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Benjelloun derives most of his wealth from his investment in BMCE Group.
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Akhannouch’s indirect stake in Afriquia Gaz is valued at $435.1 million.
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Akhannouch’s net worth has fallen by $400 million since the start of 2022.
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Akhannouch derives the majority of his fortune from Akwa Group.
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Moroccan billionaire Aziz Akhannouch’s net worth slumps by $200 million since start of 2022
Akhannouch has a fortune of $2 billion.
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