Monday, May 20, 2024

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

Algeria, with its significant oil and gas reserves, has a group of wealthy individuals whose influence spans across various industries including construction, manufacturing, food, and pharmaceuticals. Here is a table summarizing the top 10 wealthiest individuals in Algeria as of 2024:

As of 2024, here is the latest list of the top 10 wealthiest individuals in Algeria. This list is compiled based on their net worth, industry involvement, and sources of wealth:

RankNameTotal Net WorthAgeRegionSourceIndustry
1Issad Rebrab$2.5 billion80AlgiersCevitalFood and Beverage
2Yazid Sabeg$1.9 billion69AlgiersCommunicationMedia and Telecom
3Ali Haddad$1.8 billion56AlgiersETRHB HaddadConstruction
4Mahieddine Tahkout$1.5 billion53TiaretCIMA MotorsAutomotive
5Abderrahmane Benhamadi$1.1 billion55ConstantineCondor ElectronicsElectronics
6Djilali Mehri$1 billion83OranPepsi AlgeriaBeverages, Hotels
7Karim Kouninef$800 million49AlgiersKouGCConstruction, Hydraulics
8Mourad Eulmi$700 million50AlgiersSovacAutomotive
9Mohamed Laid Benamor$500 million58AlgiersBenamor GroupFood Manufacturing
10Abdelmalek Sahraoui$430 million64AlgiersPetroserPetroleum Products

These figures are based on a compilation of data from Forbes and other financial reporting sources​ (Forbes Africa)​​ (Forbes Africa)​​ (The Nation Newspaper)​. Each of these individuals has made significant contributions to their respective fields, ranging from food and beverage to construction and automotive industries.

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