Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
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Moroccan billionaire
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With a net worth of $1.3 billion, Benjelloun is ranked as the 16th wealthiest individual in Africa and the 2,154th on a …
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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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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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Morocco is home to three billionaires.
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North African billionaires’ net worth surges as global markets rebound in 2023.
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Benjelloun derives most of his wealth from his investment in BMCE Group.
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Bank of Africa is a pan-African multinational banking conglomerate.
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Among them is Zimbabwe’s richest man Strive Masiyiwa, the world’s 2,257th wealthiest person.
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The Moroccan billionaire derives the majority of his wealth from his investment in BMCE Group.