Othman Benjelloun
Birthname Othman Benjelloun Birthplace Fes, Morocco Education École Polytechnique Fédérale de Lausanne Profession Businessman Net worth $2,000,000,000 Source of Wealth Banking and Insurance Nationality Morocco Marital Status Married Children Kamal Benjelloun, Dounia BenjellounMoroccan businessman Othman Benjelloun has an estimated net worth of $2 billion as of April 2016, in line with Forbes. He is the richest particular person in Morocco, the 7th individual within the Africa’s 40 Richest checklist, and 437th within the list of World Billionaires.
Mr. Benjelloun’s estimated net worth of $2 billion got here from his banking enterprise, the BMCE Bank or Banque Marocaine du Commerce Extérieur. The business bank began as an insurance company in Morocco. He took over the firm in 1988 and has turned it into a number one insurer RMA Watanya. He then expanded the corporate into the banking trade which turned into a publicly-traded BMCE Bank with presence in no less than 12 nations in Africa.
In 2010, the bank purchased the Mali-based Bank of Africa. Othman’s trade occupation in banking is worth $Four billion which is only according to its market capitalization profits. Currently, he serves because the President and CEO of the bank after it was privatized in June 1995.
Othman Benjelloun may be the President of FINANCE.COM Holding, a company with industry interests in telecommunications, airways, and knowledge technology. It oversees four corporations – the Banking and Related-Professions Division, of which BMCE is under it; RMA, Al Wataniya, the leading insurance corporate in Morocco; the Industrial Division; and the Telecommunications, Media and IT Division.
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