Rank #2427
Othman Benjelloun & family
Net worth $1.7B
Banking, insurance · Morocco
- Born
- Nov 01, 1932
- Age
- 93
- Source
- Banking, insurance
- Residence
- Casablanca
- Citizenship
- Morocco
- Marital status
- Married
- Children
- 2
- Education
- Diploma, Ecole Polytechnique de Lausanne
Net worth over time
Biography
- Othman Benjelloun is CEO of BMCE Bank of Africa, which has assets of more than $12 billion and a presence across West, Central and East Africa.
- His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer.
- Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange.
- He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat, one of the tallest buildings in Africa.
- FinanceCom, which largely operates as O Capital Group, is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies.
- He co-owns Ranch Adarouch, one of the biggest cattle breeders in Africa.
- Benjelloun and his wife received the David Rockefeller Bridging Leadership Award for building schools in rural Morocco in 2016.
Financial assets
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