Miloud Chaabi Net Worth

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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

Age, Biography and Wiki

Birth Year	1929
Age	94 YEARS OLD
Net Worth:	$1.3 Billion
Gender:	Male

💰 Net worth: $1.3 Billion (2024)

Miloud Chaabi, a prominent businessman and CEO, was born in 1929. Throughout his successful career, Chaabi accumulated immense wealth, with his net worth estimated to be $1.3 billion in 2024. Known for his remarkable entrepreneurial skills, he has made significant contributions to various industries, including real estate, hospitality, and retail. Chaabi's wealth is a testament to his hard work, exceptional business acumen, and ability to seize opportunities. He is an influential figure in the business world and continues to leave a lasting impact on both his industries and society as a whole.

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.

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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.