Basic Information About Miloud Chaabi
| Category | Business › CEOs |
|---|---|
| Net worth | $1,300,000,000 |
| Date of birth | 2023-06-04 (1 years old) |
| Place of birth | Morocco |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
Miloud Chaabi Net Worth
$1,300,000,000
Miloud Chaabi, the famous Moroccan businessman, has an impressive net worth of $1.3 billion, making him the richest person in Morocco. Starting his career as a farmer and goat herder, Chaabi worked hard and eventually built Ynna Holdings into a conglomerate that owns hotels, supermarkets, and renewable energy ventures. Chaabi’s success is not just limited to business; he is also known for his charitable work and political involvement.
Key facts:
- Miloud Chaabi started out as a farmer and goat herder before becoming a successful businessman.
- He launched his first construction company, Ynna Holdings, in the late 194s.
- Miloud Chaabi grew Ynna Holdings into a large firm that owns hotels, supermarkets, and renewable energy projects.
- He owns the Riad Mogador hotel chain and the Aswak Assalam chain of supermarkets.
- Miloud Chaabi is well-known for his charitable work and donated 10% of his wealth to establish Morocco's first American university.
- He also runs the Miloud Chaabi Foundation, one of Morocco's most prolific charity groups.
- In addition to his business and philanthropic endeavors, he served as a member of the Moroccan House of Representatives and represented the city of Al-Suwaira.
- Miloud Chaabi actively stood against corruption in politics and business and even marched to Parliament with protestors.
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