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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

21 Quotes From African Billionaires On Business, Passion And Life

Ventures Africa takes a look at 21 ‘words of wisdom’ from some ... manganese, coal, copper and gold. Miloud Chaabi is a business tycoon with an estimated net worth of $2.1 billion placing him as the richest person in Morocco. Chaabi began working ...
Posted: June 27, 2013, 5:00 pm

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

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-free hotels. He runs one of the largest charity ...
Posted: December 18, 2013, 12:46 pm

Moroccan Billionaire Miloud Chaabi Resigns From Parliament

Moroccan billionaire Miloud Chaabi has reportedly resigned from the Kingdom’s House of Representatives. According to a report by Morocco World News, Chaabi, an 85 year-old businessman with a fortune FORBES estimates at $1.3 billion, decided to resign ...
Posted: December 9, 2014, 1:31 pm

The Top 10 Richest People in Africa in 2012

He also owns shares in the Equitorial Trust Bank, also being the current chairman of Conoil. No. 6 – Miloud Chaabi Owner of a “puny” $3 billion, this 82 year old magnate lives in Morocco, being the richest man in the country. Married, he started the ...
Posted: February 14, 2012, 3:41 pm

In Memoriam: Prominent Moroccan Figures We Bid Farewell to in 2016

On April 26 th, Moroccan tycoon and politician, Miloud Chaabi, died in Germany at the age of 86. Chaabi was among Morocco’s richest men, listed as Africa’s richest real estate magnate by Forbes Billionaires in 2015. Born in 1930 in Essaouirra ...
Posted: December 24, 2016, 4:00 pm
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