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Miloud Chaabi
Miloud Chaabi Net Worth is $2.9 Billion. What is Miloud Chaabi's net worth? Miloud Chaabi's net worth is $2.9 billion dollars which makes him the richest person in Morocco. Born near Essaouira in the western part of Morocco, Miloud Chaabi began wor. Miloud Chaabi (Arabic:????? ...

Miloud Chaabi Net Worth is $2.9 Billion.

Miloud Chaabi Net Worth is $2.9 Billion. What is Miloud Chaabi's net worth? Miloud Chaabi's net worth is $2.9 billion dollars which makes him the richest person in Morocco. Born near Essaouira in the western part of Morocco, Miloud Chaabi began wor Miloud Chaabi is a Moroccan businessman and politician. He is the founder of Ynna Holding and the owner of the Riad Mogador hotel chain and group of supermarkets "Aswak Assalam" in Morocco. He is known for his strong stance against alcohol which is banned from both his hotel chain and supermarkets. He was affiliated with the Party of Progress and Socialism under which he was elected MP for the city of Essaouira in the parliamentary elections in 2007 in Morocco. His daughter, Asma Chaabi has been mayor of the city of Essaouira since 2003.
His fortune is estimated at some 40 billion dirhams and one of the richest men in Morocco..
Chaabi is also known for his philanthropic and charity work and donated 10% of his fortune to build the first American university in Morocco in conjunction with the University of Maryland, College Park. He is the operator of one of the largest charity organisations in Morocco...
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Miloud Chaabi Latest News

Arab billionaires' wealth rises to $121bn in 2011

which entered the ranking with three billionaires - Miloud Chaabi, Othman Benjelloun and Anas Sefrioui. Kuwait ranked sixth with two billionaires, Bassam and Kutayba Alghanim, although the wealthy Al-Kharafi family was removed from the ranking following a ...
Posted: April 8, 2012, 8:25 am

Ynna Holding inaugurates Super Steel Ynna Cerame

Mr Miloud Chaabi president of Ynna Holding has inaugurated industrial complexes and Super Steel Ynna Cerame in the presence of Mr Ahmed Reda Chami minister of industry, trade and new technologies. With an investment of MAD 2 billion, the projects are fully ...
Posted: July 29, 2010, 5:00 pm

Morocco's Chaabi group plans six IPOs after SNEP

CASABLANCA, April 2 (Reuters) - Moroccan industrial group Chaabi aims to list six more of its companies after it successfully floated chemicals unit SNEP (SNP.CS) last year, its chairman, Miloud Chaabi, said on Wednesday. Chaabi's conglomerate, Ynna ...
Posted: April 2, 2008, 8:10 am

5 Moroccan Multi-Millionaires You Should Know

Apart from the easily recognizable names like Othman Benjelloun, Moulay Hafid Elalamy, Miloud Chaabi and Aziz Akhannouch, there are other less recognizable Moroccan businessmen who have built multi-million and billion dollar empires in industries as ...
Posted: May 3, 2014, 1:33 am

15 Richest Billionaires in Africa – This Might Surprise You

Morrocan Miloud Chaabi got his start in 1948 developing housing, then expanded through his privately owned Ynna Holding into hotels, supermarkets and renewable energy. Chaabi’s net worth is down $800 million from a year ago, as market values dropped for ...
Posted: October 7, 2013, 5:00 pm
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