The New Top 10 Richest People in Morocco.
Morroco is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 1 of them is Moroccans. Many of these elite figures belong to famously wealthy Moroccan families who have run multinational companies for generations.
Morocco’s economy is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, the country has followed a policy of privatisation of certain economic sectors which used to be in the hands of the government.
Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from Morocco have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.
In today’s article, we will take a look at the top 10 richest people in Morocco that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes
Without wasting much time let’s dive in.
|Rank||Name of Personality||Estimated Net Worth|
|#1||King Mohammed VI||$2 billion|
|#2||Aziz Akhannouch||$2 billion|
|#3||Othman Benjelloun||$1.3 billion|
|#4||Anas Sefrioui||$1.1 billion|
|#5||Alami Lazraq||$450 million|
Below is a short bio on the first two richest people in Morocco
King Mohammed VI
The richest man in Morroco is King Mohammed VI with an estimated net worth of $2 billion. He has 35% stake in Societe Nationale d’Investissement, a leading holding company that has stakes in several publicly traded companies, including the country’s largest bank, Attijariwafa, the mining company, Managem Group, the sugar producer, Cosumar and the dairy firm, Centrale Danone which he inherited.
Aziz derives most of his wealth from Akwa Group, a multibillion-dollar conglomerate founded by his father and partner, Ahmed Wakrim, in 1932. The Morocco-based group has interests in petroleum, gas and chemicals through the publicly-traded Afriquia Gaz and Maghreb Oxygene.
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