Age, Biography and Wiki
Birth Day | May 27, 1944 |
Birth Place | Algiers, Algeria, Algeria |
Age | 79 YEARS OLD |
Birth Sign | Gemini |
Residence | Algiers, Algeria |
Occupation | Businessman |
Known for | CEO of CEVITAL |
Children | 5 |
Website | www.cevital.com |
Net worth: $4.6 Billion (2024)
Issad Rebrab, a prominent figure in the Algerian business world, is estimated to have a net worth of $4.6 billion in 2024. Rebrab rose to prominence through his significant contributions to the food and beverage industry in Algeria. With a diverse portfolio of businesses, Rebrab has made a name for himself as one of the country's most successful entrepreneurs. His wealth is a testament to his astute business acumen and relentless determination to provide quality products to consumers. As a well-respected figure in the Algerian business community, Rebrab's net worth is a testament to his outstanding achievements in the food and beverage sector.
Famous Quotes:
We [Algerians] have great potential; we can make up for lost time.
Biography/Timeline
His industrial career started in 1971, when one of his clients proposed he take shares in a metallurgical construction company. He took 20% of the shares in Sotecom. After that, he created other companies in the steel industry: Profilor in 1975 and Metal Sider in 1988.
In 1995, his main installations were destroyed in a terrorist attack. After he recognized the risks of staying, Rebrab decided to leave Algeria. He came back in 1998 with Cevital, the biggest group in agricultural Business, which later became the largest private Algerian company. Cevital owns one of the largest sugar refineries in the world.
In 2016, Rebrab acquired El Khabar media group, for $45 million. This was his second investment into media, as he already owns the French-Algerian daily paper Liberte.