Issad Rebrab Net Worth

Issad Rebrab, born on May 27, 1944 in Algiers, Algeria, is the founder and CEO of Cevital, Algeria's largest privately-held company. Cevital owns one of the world's largest sugar refineries, and has been buying European companies in distress, such as Groupe Brandt and an Italian steel mill. Rebrab has plans to build a steel mill in Brazil to improve transportation logistics for exports. His five children are also employed at Cevital.
Issad Rebrab is a member of Food and Beverage

Age, Biography and Wiki

Birth Day	May 27, 1944
Birth Place	Algiers, Algeria, Algeria
Age	79 YEARS OLD
Birth Sign	Gemini
Residence	Algiers, Algeria
Occupation	Businessman
Known for	CEO of CEVITAL
Children	5
Website	www.cevital.com

💰 Net worth: $4.6 Billion (2024)

Issad Rebrab, a prominent figure in the Algerian business world, is estimated to have a net worth of $4.6 billion in 2024. Rebrab rose to prominence through his significant contributions to the food and beverage industry in Algeria. With a diverse portfolio of businesses, Rebrab has made a name for himself as one of the country's most successful entrepreneurs. His wealth is a testament to his astute business acumen and relentless determination to provide quality products to consumers. As a well-respected figure in the Algerian business community, Rebrab's net worth is a testament to his outstanding achievements in the food and beverage sector.

2014 $3.2 Billion

2015 $3.1 Billion

2016 $3.1 Billion

2017 $3.1 Billion

2018 $4.08 Billion

Famous Quotes:

We [Algerians] have great potential; we can make up for lost time.

Biography/Timeline

1971

His industrial career started in 1971, when one of his clients proposed he take shares in a metallurgical construction company. He took 20% of the shares in Sotecom. After that, he created other companies in the steel industry: Profilor in 1975 and Metal Sider in 1988.

1995

In 1995, his main installations were destroyed in a terrorist attack. After he recognized the risks of staying, Rebrab decided to leave Algeria. He came back in 1998 with Cevital, the biggest group in agricultural Business, which later became the largest private Algerian company. Cevital owns one of the largest sugar refineries in the world.

2016

In 2016, Rebrab acquired El Khabar media group, for $45 million. This was his second investment into media, as he already owns the French-Algerian daily paper Liberte.

2017

According to Bloomberg, Rebrab is the ninth richest person in Africa, with an estimated net worth of US$4.31 billion, as of June 2017.

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