- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.4 Billion
- Birthdate:
- 1931 (93 years old)
- Birthplace:
- Fes
What is Othman Benjelloun's Net Worth?
Othman Benjelloun is a Moroccan businessman who has a net worth of $1.4 billion. Othman Benjelloun was born to a family that owned a large portion of Moroccan insurance company. Othman took over the firm in 1988. Ever since, he has turned it into a leading insurer RMA Watanya. Then he expanded his insurance business venture into the banking industry. Nowadays, his publicly-traded BMCE Bank has expanded its presence in at least 12 countries in Africa, having purchased the Mali-based Bank of Africa in 2010. The banking aspect of Benjelloun's business career, which is only based on its market capitalization profits, is worth $4 billion. While his holding company FinanceCom holds interests in telecommunications, airlines and information technology. Othman Benjelloun is one of the richest people in Morocco. He is married with two children. His son Kamal, a clean tech enthusiast, is an apparent heir.