Ah, my dear friend, pull up a chair, pour yourself a glass of mint tea, and let’s chat. You know, here in Morocco, everybody loves a good story—especially when it’s about the ones who have seen the heights of success, those whose names carry weight like the Atlas Mountains. Today, I want to take you on a journey through the lives and fortunes of the top 10 richest people in Morocco. I’ll tell it to you the way I’d tell my cousin back home—straight from the heart, with all the pride of our maa you and that warm Moroccan sun.
Let's begin with the one who sits at the very top—not just by birth, but by the staggering scale of his wealth. King Mohammed VI is, without question, Morocco’s richest individual. Through Al Mada, the royal family office, he holds vast stakes in cornerstone companies like Attijariwafa Bank, Managem (the mining giant), and Wafa Assurance. His portfolio in these alone is worth several billion dollars.
You see, this isn’t just wealth—this is the fabric of the Moroccan economy. Banking, mining, insurance—it’s as though he holds the steering wheel of the nation’s broader fortunes in his hand.
Ah, this is a familiar name—especially if you follow the world beyond our shores. Patrick Drahi, born in Casablanca, has built an empire in telecommunications through Altice, a European media and telecoms group. Though now based in Europe, his roots are Moroccan and his fortune—rumored to be around $6–7 billion—places him right near the top of Morocco’s wealth ladder.
It’s a story of diaspora success—Moroccan-born, world-conquering.
Here in Fès, everybody whispers that Othman Benjelloun’s mind is as sharp as a blade. At around $1.5–1.6 billion, he built his empire through banking and insurance—BMCE Bank (Bank of Africa) and RMA Watanya are his playgrounds. He’s the CEO, the visionary, the African banking pioneer.
He’s also a man of legacy. They say he’s one of the oldest tycoons still active—yet his vision stretches well into the future.
Let’s talk about the man who built homes—not in Europe or America—but for our people. Anas Sefrioui, worth around $1.6–1.7 billion, founded Groupe Addoha, building millions of homes including affordable housing across Africa.
In 2025, Wikipedia reports his net worth at $1.7 billion, confirming this as more than rumor—this is real, tangible impact.
He didn’t just build luxury—he built the very homes where families rest their heads.
Now, hold on! This man wears two hats—businessman and Prime Minister. Aziz Akhannouch has a net worth estimated between $1.5 and $1.7 billion. He owns Akwa Group—a conglomerate with tentacles in oil and gas (through Afriquia Gaz, Maghreb Oxygene), telecoms, tourism, real estate, and more.
It’s a story of power and wealth, fused. Some may say politics helped—but his business empire was already deep-rooted. Either way, his influence is undeniable.
Though he passed away, Miloud Chaabi still counts in our hearts. Often estimated around $1.3 billion, he founded Ynna Holding, owning the Riad Mogador hotels, supermarkets, and ventures in ceramics and education.
He shaped many of the buildings we see today. Even if he has passed, his fortune and influence remain part of Morocco’s story.
Alami Lazraq, founder of Groupe Alliances, stands tall in real estate—offering luxury and affordable homes, not just in Morocco but as far as Ivory Coast and Senegal. His net worth sits around $660 million, though some sources value him closer to $94–$120 million depending on stock market evaluations.
He’s a builder, yes—but also a trailblazer, expanding Moroccan real estate across Africa.
Founded Saham Group in 1995, now one of Morocco’s largest insurance and service firms. He grew it with banking, healthcare, outsourcing, and sold parts for over $1 billion. His net worth is estimated at $400 million.
He’s the kind of businessman who diversifies with ease—from insurance to tech—all while wearing the hat of public service, having served as Minister of Industry and Commerce.
A woman in the top ten—powerful, visionary, humble. Salwa, married to Aziz Akhannouch, founded Aksal Group and controls franchise rights for Gucci, Fendi, Zara, Sephora in Morocco. She built Morocco Mall—Africa’s second-largest—and her net worth is around $100 million.
She’s also a force for social good—with initiatives like smart beauty brand Yan&One and AKSAL Academy. Retail queen, indeed.
Last on this list—but not least. Chairman and CEO of Holmarcom Group, his empire spans finance, agro-industry, logistics, and real estate. He spearheaded the 2022 acquisition of a 78% stake in Crédit du Maroc—and his net worth hovers around $50 million.
But don’t let the number fool you—he’s at the helm of one of Morocco’s most respected conglomerates, with influence across sectors.
Rank | Name | Net Worth (approx.) | Primary Industries |
---|---|---|---|
1 | King Mohammed VI | Several billion USD | Banking, Mining, Insurance |
2 | Patrick Drahi | ~$6–7 billion | Telecommunications, Media |
3 | Othman Benjelloun | ~$1.5–1.6 billion | Banking, Insurance |
4 | Anas Sefrioui | ~$1.6–1.7 billion | Real Estate (Affordable Housing) |
5 | Aziz Akhannouch | ~$1.5–1.7 billion | Oil & Gas, Various (also PM) |
6 | Miloud Chaabi (legacy) | ~$1.3 billion | Construction, Retail, Education (legacy) |
7 | Alami Lazraq | ~$600 million | Real Estate |
8 | Moulay Hafid Elalamy | ~$400 million | Insurance, Services, Tech |
9 | Salwa Idrissi Akhannouch | ~$100 million | Retail, Luxury, Malls |
10 | Mohamed Hassan Bensalah | ~$50 million | Finance, Logistics, Agro-industry |
My friend, when we look at these names, we see stories more than figures. We see dynasties—families, legacies, visions. There’s the king steering national wealth, the diasporan telco magnate, the banker paving Africa’s finance highway, the builder giving people homes, the oil baron turned prime minister, the retail queen defining modern shopping, the real estate developer spreading Moroccan architecture across continents, and the industrialist weaving banking, logistics, and agriculture together. Even the man whose legacy lives on—he built businesses that built dreams.
It shows Morocco’s heartbeat: our economy is across sectors, from mining to real estate, from retail to banking. And every single one of these people got there with grit—investment, foresight, boldness, and many times, a deep love for our land and people.
I hope you enjoyed this storytelling, this walk through the lives of Moroccan greats—told as I would to my own brother or sister. May you find inspiration in their journeys, and remember that the richest treasure is often the one inside us—our resilience, our dreams, and our love for our home.