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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

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

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 East billionaires issue is Sulaiman Al-Rajhi & family, ranked in 5th place with a ...
Posted: April 7, 2012, 5:00 pm

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

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

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, 8:10 am

Moroccan Court Orders Auction of Miloud Chaabi' Aswak Assalam Group

The President of the Casablanca Commercial Court has ordered the seizure totality of the 3,499,912 shares. In response, the defense of the French group obtained a new verdict from the Casablanca Commercial Court to auction 99% of Ynna Holding shares in the ...
Posted: March 8, 2015, 4:00 pm
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