Age, Biography and Wiki
Birth Year | 1931 |
Birth Place | Casablanca, Morocco, Morocco |
Age | 92 YEARS OLD |
Residence | Morocco |
Occupation | Businessman |
Known for | Being a bank owner and an insurance firm owner |
Spouse(s) | Leïla Mezian (m. 1960) |
Children | Kamal & Dounia |
Net worth: $1.3 Billion (2024)
Othman Benjelloun, a well-known figure in the finance and investment sector in Morocco, is estimated to have a net worth of $1.3 billion in 2024. With his extensive knowledge and expertise in this field, Benjelloun has established himself as a prominent entrepreneur and businessman. He has played a vital role in shaping the financial landscape of Morocco and has contributed significantly to the growth and development of various industries in the region. Benjelloun's success can be attributed to his strategic investments and prudent financial decisions, which have enabled him to accumulate considerable wealth over the years.
Biography/Timeline
Othman received an education in engineering at the École Polytechnique Fédérale de Lausanne in Switzerland. During the 1960s and 1970s, Othman would make strategic alliances with global automobile manufacturers Volvo and General Motors. He is also the chairman of Meditelecom along with being associated with Telefónica and Portugal Telecom. Benjelloun is a member of the World Union of Arab Bankers.
Benjelloun's Father was a large shareholder in an insurance company that Othman later took over in 1988. He turned this into RMA Watanya. After purchasing the insurance company, Benjelloun expanded the Business venture into the banking industry. His banking enterprise, the BMCE Bank has its presence felt in at least 12 countries in Africa after it purchased the Mali-based Bank of Africa. The banking aspect of Benjelloun's Business career is worth $4 billion based solely on its market capitalization profits.