Portrait of Othman Benjelloun & family

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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