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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

Some Things You Didn’t Know About the World’s Richest Arabs

The richest Arab, Prince Al waleed Bin Talal al Saud ... The Hayek family got very rich by owning it—$3.25 billion rich. Miloud Chaabi, who has a net worth of $2.5 billion, got his start a goat herder. His empire now includes grocery chains and liquor ...
Posted: December 18, 2013, 1:46 pm

Chaabi, The Goat Herder Who Is Now A Billionaire

VENTURES AFRICA — Miloud Chaâbi is Africa’s sixth richest man. In 2002, he was elected a member of the Moroccan House of Representatives. And in 2007, he won the parliament election to become the representative of the city of Al-Suwaira. At 82 ...
Posted: April 24, 2012, 5:00 pm

Moroccan billionaire Miloud Chaabi Resigns From Parliament

Rabat - Moroccan billionaire Miloud Chaabi has reportedly resigned from the House of Representatives. According to media reports, the octogenarian justified his decision to resign from the House of Representatives by saying that his health conditions are ...
Posted: December 8, 2014, 10:54 am

Morocco's Chaabi group plans six IPOs after SNEP

Chaabi's conglomerate, Ynna Holding, has interests in real estate and construction, agribusiness, tourism, retail and manufacturing. "Six profitable and important companies from Groupe Miloud Chaabi will be listed on the bourse," Chaabi told reporters and ...
Posted: April 2, 2008, 5:40 pm

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 8, 2013, 1:00 am
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