Morocco’s second-richest man Othman Benjelloun loses $59 million from BOA stake
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
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According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Sefrioui, the visionary founder of the Casablanca-based real estate group and one of Morocco’s most affluent individuals, owns a majority 64.1-percent stake in ADH.
Lazraq, who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
This list spotlights the top 10 individuals who hold the most valuable portfolios on the Casablanca bourse, providing a unique insight into Morocco’s financial elite.
Tazi owns a substantial 8.4-percent stake in Sothema, translating to 605,030 shares in the leading healthcare company.
The impressive growth of Douiri’s stake in Mutandis SCA underscores investors’ confidence in the Moroccan consumer goods company.
Despite the recent decline in his stake in ADI, Lazraq remains one of the Casablanca bourse’s richest investors and one of Morocco’s wealthiest businessmen.
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.
Benjelloun owns a 27.41-percent stake in Bank of Africa. This stake translates to 57,214,615 shares in the financial services conglomerate.
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.
Akhannouch is the founder of the Aksal Group, a Moroccan conglomerate that owns shopping malls and franchises to luxury brands.
With this recent bump in the market value of his stake, Adouiri cements his position as one of the richest investors in the Casablanca bourse.
Sefrioui, one of Morocco’s wealthiest businessmen, owns a 64-percent stake in the Moroccan property developer.
Tazi, the CEO and chairperson of Sothema, owns a substantial 8.4-percent stake in the leading healthcare company.
Members of Morocco’s Alaouite royal family own a 46.5-percent stake in the financial services group through Societe Nationale d’Investissement.