Top 20 richest men in Morocco (

Introduction – Morocco’s Leading Wealth Builders

From the lively souks of Marrakech to the polished boardrooms in Casablanca, Morocco’s economic story is written by a select group of individuals whose influence extends far beyond the kingdom’s borders. In 2025, the Top 20 Richest Men in Morocco and their Net Worth reflect a fusion of tradition and modern enterprise. These men have built fortunes spanning real estate, finance, retail, energy, and tourism, demonstrating a growing economy driven by entrepreneurship and strategic investments. Join me as we explore who occupies the top of Morocco’s wealth pyramid, how they accumulated their fortunes, and what their successes mean for the country's future.

1. Othman Benjelloun – US $2.8 Billion

Located at the zenith of the Top 20 Richest Men in Morocco, Othman Benjelloun is a titan of finance and insurance. As chairman and founder of BMCE Bank and Saham Group, he has extended his influence across banking, insurance, and telecommunications. His diverse portfolio and prudent leadership secure his position in 2025 with a net worth of approximately US $2.8 billion.

2. Miloud Chaabi – US $1.6 Billion

The late founder of Ynna Holding, Miloud Chaabi’s legacy endures through ventures in real estate, hospitality, retail (Aswak Assalam), and renewable energy. His family continues to manage Ynna Group, keeping his wealth steady at around US $1.6 billion.

3. Anas Sefrioui – US $1.2 Billion

A real estate magnate, Anas Sefrioui leads Addoha Group, Morocco’s largest residential developer. His work has transformed urban landscapes with affordable housing and mixed-use projects. In 2025, his net worth is approximately US $1.2 billion.

4. Mohamed Bensalah – US $1 Billion

A key figure in glass manufacturing, Mohamed Bensalah heads Saverglass, a leading producer of luxury glass packaging for global brands. In addition, he has stakes in agriculture and finance. His estimated net worth stands at US $1 billion.

5. Youssef Kettani – US $950 Million

Chairman of the Kettani Group, Youssef Kettani has built a diversified empire in distribution, real estate, hospitality, and agro-industry. His holdings across sectors are assembling wealth totaling about US $950 million.

6. Aziz Akhannouch – US $920 Million

CEO of ZAAM Group and Minister of Agriculture, Aziz Akhannouch has built stakes in petroleum distribution, retail, and agriculture. His influence spans business and government, with a current net worth of US $920 million.

7. Saïd Alj – US $850 Million

Founder of Alliances Développement Immobilier (ADI), Said Alj specializes in large-scale urban development and public-private partnerships, including Casanearshore. His net worth in 2025 is estimated at US $850 million.

8. Ali Wakrim – US $800 Million

A leader in Morocco’s steel and recycling industry, Ali Wakrim directs Les Maréchal and Groupe Wafa. He is influential in energy, waste management, and industrial services, with wealth of around US $800 million.

9. Mohamed Cheikh Biadillah – US $780 Million

Heading Bioplus Group, he operates across agro-food processing, dairy, and distribution. His net worth is estimated at US $780 million, reflecting strong demand in consumer goods and agriculture.

10. Rachid Yazami – US $750 Million

A scientific entrepreneur and inventor, Rachid Yazami co-invented the lithium-ion battery and leads several tech and energy ventures. His stake in innovation gives him a net worth of US $750 million.

11–20. Notable Members of Morocco’s Rich Elite

The remaining figures in the Top 20 Richest Men in Morocco round out with a mix of industrialists, real estate developers, and financiers:

• Mohamed Rabie Khlie: Real estate and retail, estimated US $700 million.

• Mohamed Ababou: Banking and finance, estimated US $650 million.

• Abdelaziz Ennaji: Tourism and hospitality, US $600 million.

• Yassir Kadiri: Retail and energy, US $570 million.

• Moulay Hafid Elalamy: Industry and tourism, US $550 million.

• Mohamed Ziane: Insurance and financial services, US $530 million.

• Abdelilah Benkirane: Construction and public works, US $500 million.

• Ali Rastqi: Automotive and machinery distribution, US $480 million.

• Ahmed Qunbel: Logistics and transport, US $450 million.

• Mohamed Laraki: Agribusiness and export, US $420 million.

Industry Breakdown – What Fuels Moroccan Wealth?

1. Real Estate & Construction

Led by Anas Sefrioui and Saïd Alj, this sector has been a notable driver of wealth, fueled by urban expansion and public-private partnerships.

2. Finance & Insurance

Othman Benjelloun anchors this sector, while entrepreneurs like Mohamed Ababou fuel it through diversified financial services and investments.

3. Retail & Distribution

The retail boom is represented by Miloud Chaabi’s Aswak Assalam and Yassir Kadiri’s businesses, feeding urban consumer demand.

4. Energy & Petrochemicals

AZAM Group and industrial figures like Ali Wakrim reflect growth in energy, recycling, and processing.

5. Agro‑industry & Food Production

Food processing and agribusiness players like Mohamed Cheikh Biadillah and Mohamed Laraki highlight Morocco’s strong agricultural economy.

6. Technology & Innovation

Rachid Yazami’s breakthroughs in battery technology set the stage for Morocco’s growing footprint in R&D.

Philanthropy & Social Initiatives

Many of Morocco’s top 20 wealthy men also lead efforts in social development:

• Othman Benjelloun and Saïd Alj support education and healthcare through foundations.

• Anas Sefrioui sponsors low-cost housing and infrastructure.

• Aziz Akhannouch, in agriculture, supports rural development programs.

• Rachid Yazami advances STEM research and university partnerships.

These engagements reflect a growing commitment among Morocco’s affluent to shaping national welfare.

Frequently Asked Questions (FAQs)

1. Who is the richest man in Morocco in 2025?
The richest man is Othman Benjelloun, with a net worth of US $2.8 billion, primarily from banking and insurance.

2. How many billionaires does Morocco have in the Top 20?
Only Othman Benjelloun is a confirmed billionaire; the rest are multi-millionaires.

3. What sectors dominate Morocco’s richest list?
Key industries are banking, real estate, retail, energy, agro-industry, and technology.

4. Are these wealthy men self-made or inherited their wealth?
Most are self-made or took family businesses to new heights. A few inherited legacies, but all expanded with strategic investments.

5. Is real estate the strongest sector for wealth generation?
Yes. Real estate and construction, under leaders like Sefrioui and Alj, have been major wealth drivers, aligned with Morocco’s fast urbanization.

6. Who is the leading tech entrepreneur among Morocco’s richest?
Rachid Yazami, co-inventor of the lithium-ion battery, chairs several innovation startups, with a net worth of US $750 million.

7. Do these individuals engage in philanthropy?
Yes—most of them support education, healthcare, and community initiatives through private foundations or public programs.

8. How does Morocco’s wealth compare with other North African countries?
Morocco ranks in the top tier, alongside countries like Egypt, with a confirmed billionaire (Benjelloun) and several high-net-worth individuals concentrated in strategic sectors.

Conclusion – What Morocco’s Wealth Reveals

The Top 20 Richest Men in Morocco and their Net Worth (Forbes List 2025) highlight a diverse economic landscape. From banking and real estate to energy, agro-industry, and pioneering tech, these men reflect Morocco’s evolving economic identity. Their ventures not only drive economic growth but also contribute to national development through philanthropy and social investments.

Moving forward, Morocco’s wealth leaders are set to shape a future where innovation meets heritage—building a nation that combines traditional strengths with modern opportunities. As their businesses grow, so too does Morocco’s potential in the regional and global economy.