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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

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

Latest Arab billionaires list is out; Wealth of UAE's rich soars

Wealth of 36 Arab billionaires increased by $3.7 billion (Dh13.58 billion ... which entered the ranking with three billionaires: Miloud Chaabi, Othman Benjelloun and Anas Sefrioui. Standing out amongst the success stories featured in the Forbes Middle ...
Posted: April 7, 2012, 5:00 pm

The African Billionaires 2015

Miloud Chaabi got his start in 1948 developing housing ... Nigeria’s Femi Otedola returns to Forbes’ list of billionaires for the first time since 2009 following a sharp rise in the share price of petroleum marketing company Forte Oil, despite the ...
Posted: March 2, 2015, 9:31 am

Arab Billionaires List revealed

However, this year’s major headline was newcomer to the billionaires club, Morocco, which entered the ranking with three billionaires: Miloud Chaabi, Othman Benjelloun and Anas Sefrioui. Kuwait ranked sixth with two billionaires, Bassam and Kutayba ...
Posted: April 7, 2012, 5:00 pm

Morocco must demonstrate commitment to CSR

Recent market changes mean Moroccan companies must demonstrate a commitment to corporate social responsibility initiatives if they are to stave off new entrants At 18 years of age, Moroccan-born Miloud Chaabi founded his first business YNNA Holding ...
Posted: January 14, 2014, 1:13 am
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