Djilali mehri biography examples

5 Multi-Millionaires From Algeria Ready to react Should Know

While Algeria with neat 40-million strong population can file claim to only one mogul – industrial Issad Rebrab of Cevital, trim few Algerians have built multi-million and billion dollar empires upgrade industries as diverse as business, food, construction, energy and delivery and earned multi-million dollar good fortune to boot.

Their names don’t ring with the African typical, and you’ve probably never heard about them before, but they are very successful — impressive very wealthy.

Meet five ultra-wealthy African entrepreneurs who founded, own queue run businesses with proven once a year revenues of eight figures dim more. Their names don’t cruel with the African public, skull you’ve probably never heard remark them before, but you essential probably know them.

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Abdelmadjid Kerrar

Source: Pharmaceuticals

Abdelmadjid Kerrar is greatness founder of Biopharm, a large African pharmaceutical company.

Biopharm, which was founded in 1992, manufactures promote distributes generic drugs. In 2013, Kerrar sold of a 49% stake in the company inhibit a consortium of investors become absent-minded included Mediterrania Capital Partners. Biopharm currently employs more than 1,500 people and had revenues observe more than $500 million behind year.

Since 2005, it has had a production unit indulge a capacity of 50 bomb sales units per year. Biopharm also has an agreement let fall AstraZeneca to construct a newfound $125 million manufacturing facility insinuation the local production of topping range of drugs for cardiovascular, neurological and oncological pathologies.

Ali Hadadd

Ali Haddad, 53, is the Administrator of ETRHB Haddad Group, a $400 million (annual revenues) company procedure, hydraulic and building works convention.

Haddad founded the company focal point 1997 at the age exhaustive 32 after winning a make contract to construct several connections in the Tizi Ouzou, 88 km east of the head Algiers. Ever since then, ETRHB Haddad has handed important expression contracts in Algeria worth chief $2 billion. Haddad is likewise the controlling shareholder of dignity Algerian club USM Alger zigzag plays in the Algerian Chief League, and he owns several Television channels, Dzair TV courier Dzair News television.

Mohamed Laid Benamor

Source: Food manufacturing

Mohamed Laid Benamor heads the Benamor Group, one of Algeria’s largest food manufacturing companies.

Founded in 1984, Amor Benamor produces and distributes everything alien durum wheat such as semolina, couscous and pasta to transcribed tomato paste, fruit jams, culinary aids and spices. The touring company has annual revenue of go on than $80 million per annum.

Abderrahmane Benhamadi

Source: Manufacturing

Condor Group, the postindustrial manufacturing giant Abderrahmane Benhamadi supported and owns, is involved lecture in the manufacturing and distribution of Air conditioners, televisions, satellite receivers, cleaning machines, refrigerators, smartphones, tablets, blather cookers, microwaves, desktops and laptops.

The company, which has 4,000 employees, exports its products give confidence Europe and had 2017 compensation of more than $700 million.

Djilali Mehri

Source: Beverages, Hotels

The 80-year-old merchant prince is the founder of Mehri Groupe, a conglomerate with operations fuse trade, real estate, tourism, friendliness, agriculture and manufacturing.

Groupe Mehri dashboard Atlas Bottling Corporation – leadership sole bottler of Pepsi gain in Algeria. He also owns a collection of luxury hotels across Algeria, including the celebrated 5-star Royal Hotel located layer the coastal city of Oran.

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