Moroccan real estate tycoon Alami Lazraq loses $10 million from ADI stake
Lazraq, who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Moroccan billionaire
10 richest Moroccans on the Casablanca Stock Exchange
This list spotlights the top 10 individuals who hold the most valuable portfolios on the Casablanca bourse, providing a unique insight into Morocco’s financial elite.
Moroccan real estate tycoon Alami Lazraq’s ADI stake slumps by $12 million
Despite the recent decline in his stake in ADI, Lazraq remains one of the Casablanca bourse’s richest investors and one of Morocco’s wealthiest businessmen.
Moroccan tycoon Anas Sefrioui’s stake in Casablanca-based firm slumps by $78 million
Sefrioui, one of Morocco’s wealthiest businessmen, owns a 64.1 percent stake in the Moroccan property developer.
Billionaire Royal Family of Morocco gains $242 million from Attijariwafa Bank
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.
Moroccan tycoon Anas Sefrioui to produce limestone calcined clay cement in West Africa
Moroccan businessman Anas Sefrioui is the founder of Casablanca-based property developer Douja Promotion Groupe Addoha (ADH).
Morocco’s second-richest man Othman Benjelloun gains $117 million from BOA stake
Benjelloun owns a 27.41-percent stake in Bank of Africa. This stake translates to 57,214,615 shares in the financial services conglomerate.
Moroccan billionaire Moulay Hafid Elalamy donates $1.9 million to earthquake relief
Elalamy made the donation through his Saham Foundation amid growing contributions from various private and public entities toward earthquake relief in Morocco.
Moroccan real estate tycoon Alami Lazraq gains $5.7 million from ADI stake
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Morocco’s second-richest man Othman Benjelloun gains $46 million from BOA stake
With a net worth of $1.3 billion, Benjelloun is ranked as the 16th wealthiest individual in Africa and the 2,154th on a global scale.
Moroccan PM Aziz Akhannouch suffers $12-million loss from Afriquia Gaz stake
Akhannouch, appointed prime minister of Morocco in September 2021, derives the majority of his fortune from the Akwa Group.
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.
Top 10 richest North African billionaires
North African billionaires’ net worth surges as global markets rebound in 2023.
Morocco’s second-richest man Othman Benjelloun gains $100 million
Benjelloun derives most of his wealth from his investment in BMCE Group.
Bank led by Morocco’s second-richest man to acquire shares in BTI Islamic Banking Group
Bank of Africa is a pan-African multinational banking conglomerate.