Aziz Akhannouch
Diversified

Aziz Akhannouch Net Worth

He was born in 1961 in Casablanca, Morocco and is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father. Akhannouch has diversified interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene.
Aziz Akhannouch is a member of Diversified

Age, Biography and Wiki

Birth Year 1961
Birth Place Casablanca, Morocco, Morocco
Age 62 YEARS OLD
Prime Minister Abbas El Fassi Abdelilah Benkirane
Preceded by Nizar Baraka
Political party National Rally of Independents (RNI) 2016-
Alma mater Université de Sherbrooke
Occupation Businessman, Politician

💰 Net worth: $1.5 Billion (2024)

Aziz Akhannouch, widely recognized as a prominent figure in Morocco, is estimated to possess a net worth of approximately $1.5 billion by 2024. Known for his diversified ventures, Akhannouch has carved a strong presence in various industries within Morocco. His vast wealth is a testament to his involvement in diverse sectors, including petroleum, gas, chemicals, telecommunications, and agriculture. As a successful entrepreneur and politician, Aziz Akhannouch continues to make significant contributions to the economic growth and development of Morocco.

2014 $1.4 Billion
2015 $1.7 Billion
2016 $1.3 Billion
2017 $1.5 Billion
2018 $2.35 Billion

Biography/Timeline

1986

In 1986, Akhannouch graduated from the Université de Sherbrooke with a management diploma.

2012

From 2003 to 2007, Akhannouch was the President of the Souss-Massa-Drâa regional council. He was a member of the National Rally of Independents Party, before leaving it on 2 January 2012. On 23 August 2013 he was appointed by King Mohammed VI as interim Minister of Finance on an interim basis after Istiqlal ministers resigned from Benkirane's cabinet, a position he kept until 9 October 2013. On 29 October 2016, Akhannouch rejoined the RNI after being elected the President of the party. He took over Salaheddine Mezouar's position, who had resigned.

2013

He is the CEO of Akwa Group, a Moroccan conglomerate particularly active in the oil and gas sector. Forbes estimates his net worth as $1.4 billion as of November 2013. Akhannouch inherited Akwa from his Father. In 2016, Akhannouch was tied for 28th position on Forbes's annual list of the world's wealthiest Arabs.

2016

On 27 July 2016, Akhannouch met with Jonathan Pershing, Special Envoy for Climate Change for the United States. In their meeting, Akhannouch and Pershing spoke about preparations for the 2016 United Nations Conference of the Parties.

Some Aziz Akhannouch images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.