Issad Rebrab & family
$3.0B
Born
Jan 01, 1944
Age
81
Source of Wealth
Food
Residence
Algiers,
Citizenship
Algeria
Marital Status
Married
Children
5
Education
- Isaad Rebrab founded Cevital and served as its CEO for more than 50 years; He named his son, Malik, CEO in July 2022.
- Cevital, Algeria's biggest privately-held company, owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year.
- Cevital owns European companies, including French home appliances maker Groupe Brandt and Spanish aluminum firm Alas Iberia.
- After serving 8 months in jail on charges of corruption, Rebrab was released on January 1, 2020. He denies any wrongdoing.
- In May 2023, an Algerian court barred Rebrab from exercising any commercial or management duties at Cevital.
- Rebrab is the son of militants who fought for Algeria's independence from France.
- Cevital helped finance a biopic on Algerian resistance hero Larbi Ben M'hidi, who was executed by the French in 1957.
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