He eventually moved to Casablanca and started a construction business. He then expanded his business to include real estate, banking, and tourism. He also owns a large stake in the Moroccan telecommunications company Maroc Telecom. Miloud Chaabi is the wealthiest person in Morocco and his net worth of $1.3 billion makes him one of the wealthiest people in Africa.
Miloud Chaabi is a Moroccan businessman with a net worth of $1.3 billion, making him the wealthiest person in Morocco and one of the wealthiest people in Africa. He began his career as a farmer and goat herder in his teens, before moving to Casablanca and starting a construction business. He then expanded his business to include real estate, banking, and tourism, and owns a large stake in Maroc Telecom. His success has made him one of the wealthiest people in Africa.
Miloud Chaabi is a member of CEOs
💰Miloud Chaabi Net worth: $1.3 Billion
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He eventually saved up enough money to move to Kenitra. He launched his first construction company, Ynna Holdings, in the late 40s. He grew Ynna Holdings from a construction firm into the ownership firm of hotels, supermarkets, and renewable energy, among other holdings. He owns the Riad Mogador hotel chain and the Aswak Assalam chain of supermarkets. He is widely recognized for both his charitable and political work and donated 10% of his wealth to the establishment of Morocco's first American university. He also runs one of Morocco's most prolific charity groups, the Miloud Chaabi Foundation. He became a part of the Moroccan House of Representatives in 2002, and represented the city of Al-Suwaira in Parliament in 2007. He also marched to Parliament with protestors against corruption in politics and business in 2011.
