Anas Sefrioui Net Worth

Net Worth: $1.3 Billion
  • Source of Wealth:

    Real Estate
  • Age:

  • Birth Place:

    Fes, Morocco
  • Marital Status:

  • Full Name:

    Anas Sefrioui
  • Nationality:

More Stats View More

About Anas Sefrioui

Anas Sefrioui is a Moroccan entrepreneur and he has an estimated net worth of $1.3 billion as of March 2013 according to Forbes. He is the third richest person in Morocco and 1107th in the world. Born on May 16, 1957 in Fes, Morocco, he was a high school dropout who then went to work with his father.

Sefrioui accumulated his estimated net worth of $1.3 billion as the founder of the real estate developer Groupe Addoha in 1988. He made his big break when he got a contract to build more than 2,000 government-subsidized housing under the late King Hassan II. In 2005, he won a $1 billion state contract to build more housing units which added to his earnings. His affordable housing project has become a guide to the real estate development in the United Arab Emirates. The firm then went public the following year. After six years, he expanded into Ivory Coast, Guinea-Conakry and Cameroon while building cement plants.

Currently, Sefrioui is the General President of Groupe Addoha where he also owns a $61.7% stake at the corporate enterprise with an estimated value of $2.3 million. However, shares in the firm have fallen in the past year taking $300 million from his net worth.

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