Othman Benjelloun’s profile picture

Othman Benjelloun

Othman Benjelloun’s profile picture
Net worth 2018: $1.66 Billion
Residence: Casablanca, Morocco
Country: Morocco
BirthDay: 1931
Children: 2
Education: Diploma, Ecole Polytechnique de Lausanne
BIOGRAPHY

Othman Benjelloun was bornon 1931 in Casablanca, Morocco, Morocco. Othman Benjelloun is #1432 in List Billionaires People In The World. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. His father was a shareholder in RMA Watanya, a Moroccan insurance company; Benjelloun built it into a leading insurer. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange.

NET WORTH STATISTIC
2012

$2.3 Billion

2013

$3.1 Billion

2014

$2.8 Billion

2015

$2.3 Billion

2016

$1.9 Billion

2017

$1.9 Billion

2018

$1.66 Billion

TIMELINE
Othman Benjelloun (Arabic: عثمان بن جلون‎; born 1931 in Fez, Morocco) is a Moroccan businessman who is worth $2.2 billion as of October 2015, making him richest man in his country, and the 13th richest in Africa.Benjelloun's father was a large shareholder in an insurance company that Othman later took over in 1988. He turned this into RMA Watanya. After purchasing the insurance company, Benjelloun expanded the business venture into the banking industry. His banking enterprise, the BMCE Bank has its presence felt in at least 12 countries in Africa after it purchased the Mali-based Bank of Africa. The banking aspect of Benjelloun's business career is worth $4 billion based solely on its market capitalization profits.Othman received an education in engineering at the École Polytechnique Fédérale de Lausanne in Switzerland. During the 1960s and 1970s, Othman would make strategic alliances with global automobile manufacturers Volvo and General Motors. He is also the chairman of Meditelecom along with being associated with Telefónica and Portugal Telecom. Benjelloun is a member of the World Union of Arab Bankers.He is married to Leila Mezian—daughter of the Moroccan General Mohamed Meziane—with whom he has two children.
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