Despite the financial crisis, wealthy Algerians keep their wallets safe from worldly problems and prying eyes. To unveil the list of the richest families and people in Algeria, it took days of investigation to estimate their fortunes.
For you, here is a list of the biggest fortunes in Algeria, according to the estimates of our economic experts.
Issad Rebrab, with an estimated fortune of $4 billion
Issad Rebrab is the richest man in Algeria with a huge fortune of around 4 billion dollars. Its money, it owes it to the agri-food sector with its sugar and oil refinery.
Ali Haddad, his group is worth 1.8 billion dollars
Ali Haddad holds second place among the richest men in Algeria. He is the head of his family group ETRHB. He and his brothers carried out major projects throughout the country.
According to our estimates, the family fortune amounts to around 1.8 billion dollars.
Mahieddine Tahkout with an estimated wealth of $1.5 billion
In third place is Mahieddine Tahkout. This man started from nothing and created his fortune with his Hyundai assembly plant. Tahkout is present in the hotel industry, in the media, and in the manufacture of automobile parts.
Ahmed Mazouz, a man who weighs 1.2 billion dollars
Ahmed Mazouz is the most discreet of the greatest Algerian fortunes. His wealth is estimated at 1.2 billion dollars with his Mazouz group and the success of N’gaous Conserves SPA brand juice.
The Benhamadi family, with a fortune of 1.1 billion dollars
Owners of the Condor group, the Benhamadi family is the fifth richest family in Algeria. They invest in technology, the auto industry, pharmacology, household appliances and smartphones. The Benhamadi fortune is estimated at 1.1 billion dollars.
Djilali Mehri, estimated at 1 billion dollars
Even the old wolf of the Algerian private sector is in France. Djilali Mehri’s fortune in Algeria is valued at $1 billion. It is the pioneer in investment in the private sector from its youth, until Paris.
