Aziz Akhannouch’s net worth

Aziz Akhannouch’s net worth

Facts of Aziz Akhannouch’s net worth

Aziz Akhannouch’s net worth: $1.52 Billion

Aziz Akhannouch, current Morrocan Minister of Agriculture, is a Berber Moroccan businessman, politician, and philanthropist. Moreover, he has an estimated net worth of $1.53 billion.

Furthermore, he is the CEO, chairman and majority owner of the Akwa Group.  It is a multibillion-dollar Moroccan conglomerate which has interests in petroleum, gas, and chemicals through its publicly-traded subsidiaries Afriquia Gas and Maghreb Oxygene.

A renowned voice in international Climate change discussions, Akhannouch falls in the list of Moroccan renowned billionaires, including Moroccan banking tycoon Othman Benjelloun and Moroccan King Mohammed VI. Furthermore, he has been serving as Morocco’s Minister of Agriculture in Abdullah Benkirane’s cabinet since 2007.

Aziz in Knownetworth’s Popular Men in Morocco, net worth, 2017

Similarly, he is one of the richest men in Morroco. Hence, we have listed him in our “2017’s Popular Men in Morocco” list. In conclusion, he stands 3rd in our most powerful list with an estimated net worth of $1.52 billion. Furthermore, he beat former prime minister Abdelilah, who has an estimated net worth of $500,000. Likewise, he only came behind Othman Benjelloun and King Mohammed VI. Moreover, King Mohammed VI topped the list with an estimated net worth of $2.5 billion. As a result, we name the king the richest man in Morrocco.

Popular men in Morocco, net worth 2017

King Mohammed VI

$2.5 billion

Othman Benjelloun

$1.9 billion

Aziz Akhannouch

$1.52 billion

Annas Sefrioui

$1.05 billion

Mohamed Bensalah 

$800 million

Miloud Chaabi (deceased)

$800 million

Moulay Hafid Elalamy

$620 million

Ali Wakrim

$600 million

Abdelilah Benkirane

$500,000

Best Known

Nevertheless, people best know Aziz for expanding the Akwa Group into the real estate development, films and media and hotel management segment. Likewise, people also credit him for he inheriting the family fortune from the company’s founder and his father, Ahmed and taking it to the next level.

Last but not the least, Aziz has pledged the day to day management of the group to Ali Wakrim, Vice President of Akwa Group because of his political duties. Nevertheless, Ali is the son of Akwa Group co-founder Ahmed Wakrim.

Political life

Aziz served the Souss-Massa-Draa regional council as President from 2003 to 2007. Likewise, he was an active member of the National Rally of Independents Party before 2012.

Later, in the year 2013, King Mohammed VI appointed him as interim Minister of Finance after Istiqlal ministers resigned from Benkirane’s Cabinet. He kept the position until 9 October 2013. Also in 2013, head of government Abdelilah Benkirane appointed him as Acting minister of Economy and Finance to replace Nazir Baraka.

Later, in the year 2016, he rejoined the RNI and won the presidency of the party.

Personal Life

Akhannouch was born in 1961 in Tafraout to one of the wealthiest family in Morocco. Furthermore, Aziz graduated from Universite de Sherbrooke with a management diploma in the year 1986.

Moreover, Aziz Akhannouch is a happily married man. The business magnate married Moroccan businessman Salwa Idrissi a long time ago. Moreover, the couple has three children.