Morocco's prime minister is worth $1.6 billion and sells a third of its fuel
Aziz Akhannouch is worth $1.6 billion, sells Morocco a third of its fuel, and runs the government that awards his companies contracts.
Skip to content
Aziz Akhannouch is worth $1.6 billion, sells Morocco a third of its fuel, and runs the government that awards his companies contracts.
From the multibillion-dollar Akwa Group to influential ventures in chemicals, mining, tourism, and media, discover the man behind the $1.7-billion fortune.
The $100-million decline in his net worth is linked to the revaluation of his holdings in Akwa Group, a diverse Moroccan conglomerate with substantial oil and gas interests.
Akhannouch derives the majority of his fortune from Akwa Group, a multibillion-dollar conglomerate founded in 1932 by his father.
Akhannouch, Morocco’s prime minister and wealthiest individual, has lost half a billion dollars due to declining petroleum assets.
The decline in Akhannouch’s net worth can be linked to his shares in Afriquia Gaz SA.
Akhannouch derives the majority of his fortune from Akwa Group.
Akhannouch has a fortune of $2 billion.