Top 10 Richest People in Algeria in 2025 and Their Net Worth

Algeria is home to some of the wealthiest individuals in Africa, with fortunes built in industries ranging from manufacturing and construction to telecommunications and finance. Here is a list of the top 10 richest people in Algeria in 2025 and their estimated net worth.

Richest People in Algeria | Summary

10. Abdelmalek Sahraoui – Net Worth: $430 Million

Abdelmalek Sahraoui is a prominent businessman and a former FLN deputy in the Algerian Parliament. He is the owner of Petroser, a leading brand in lubricants and petroleum products. With strong ties to public banks and government authorities, Sahraoui has leveraged his business connections to expand his empire, particularly in the agricultural and energy sectors.

9. Mohamed Laid Benamor – Net Worth: $500 Million

Mohamed Laid Benamor is the President of the Algerian Chamber of Commerce and Industry (CACI) and a dominant figure in the country’s private sector. His family’s business, Benamor Group, generates an annual revenue of over $250 million, specializing in food production, including pasta, semolina, and other agricultural exports.

8. Mourad Eulmi – Net Worth: $700 Million

Known as the “Prince of German Cars” in Algeria, Mourad Eulmi has been the official representative of Volkswagen in Algeria since 1999. His company, Sovac, has captured a significant share of the local automobile market, competing with giants like Renault and Peugeot. Over the years, Eulmi has built an automotive empire that has made him one of the richest businessmen in the country.

7. The Kouninef Family – Net Worth: $800 Million

The Kouninef family, led by Karim, Réda, and Noah Kouninef, is one of the most influential families in Algeria. Their company, KouGC, specializes in the highly profitable hydraulics sector, handling major construction and infrastructure projects across Algeria. With decades of business experience, the family continues to dominate the industry with a turnover exceeding $140 million.

6. Djilali Mehri – Net Worth: $1 Billion

A veteran entrepreneur, Djilali Mehri is a key figure in Algeria’s private sector. He is the chairman and CEO of Pepsi Algeria and has been involved in numerous real estate and hospitality ventures. His business empire includes plans for 36 hotels in Algeria’s major cities in partnership with the Accor hotel chain. Despite relocating part of his business to France, Mehri remains one of Algeria’s wealthiest individuals.

5. The Benhamadi Family – Net Worth: $1.1 Billion

The Benhamadi family owns Condor Group, one of Algeria’s largest manufacturers of household appliances and smartphones. With a turnover of $900 million in 2017, Condor has established itself as a leader in Algeria’s technology sector, competing directly with international brands like Samsung. The family continues to expand its business globally, securing its place among Algeria’s wealthiest families.

4. Ahmed Mazouz – Net Worth: $1.2 Billion

Ahmed Mazouz is a powerful entrepreneur and the head of the Mazouz Group, known for its diverse investments. His acquisition of N’gaous Conserves SPA in 2007 helped him solidify his business empire. In 2016, Mazouz purchased Bab Ezzouar, one of Algeria’s largest shopping and leisure centers, positioning himself as a key player in the retail and real estate sectors.

3. Mahieddine Tahkout – Net Worth: $1.5 Billion

Mahieddine Tahkout built his fortune from the ground up, expanding into multiple industries, including automobile manufacturing, transportation, and hospitality. His most famous investment is Hyundai Algeria, where he assembles and sells South Korean vehicles. With future projects in the automobile sector, Tahkout is set to maintain his position among Algeria’s richest individuals.

2. Ali Haddad – Net Worth: $1.8 Billion

Ali Haddad is the founder of ETRHB, Algeria’s second-largest private group. He made his fortune through large-scale infrastructure projects across the country. Between 2006 and 2015, his company’s turnover grew from $70 million to $400 million, and profits surpassed $150 million. His investments in construction, real estate, and energy continue to fuel his massive fortune.

1. Issad Rebrab – Net Worth: $4.8 Billion

Issad Rebrab is the richest man in Algeria, with a fortune estimated at $4.8 billion. He is the founder and CEO of Cevital, Algeria’s largest private company. Cevital owns one of the world’s largest sugar refineries, capable of producing 2 million tons of sugar per year. The company also owns Groupe Brandt (France), a steel mill in Italy, and a water purification firm in Germany. Despite political challenges, Rebrab continues to expand his empire, securing his position as the wealthiest person in Algeria.

Final Thoughts

Algeria’s richest individuals have built their fortunes across a variety of industries, from manufacturing and construction to automobiles and real estate. While some, like Issad Rebrab and Ali Haddad, have established massive business empires, others, such as Mahieddine Tahkout and Ahmed Mazouz, continue to rise in wealth and influence. As Algeria’s economy evolves, these business moguls will remain key players in shaping the country’s financial landscape.

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