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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

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

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, 12:46 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

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

State support for property developers stirs debate in Morocco

Property development pioneer Miloud Chaabi has accused the state of facilitating land transfers to private developer Douja Promotion Group Addoha S.A. without first issuing calls for tenders. Chaabi accuses Addoha of benefiting from preferential treatment ...
Posted: July 28, 2008, 5:00 pm
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