Algeria, the largest country in Africa by land area, is known for its vast natural resources, especially oil and gas, which have significantly shaped its economy. Over the years, a number of Algerian entrepreneurs and business magnates have accumulated immense wealth through strategic investments, smart business decisions, and innovative ventures.
If you have been wondering: Who are the richest people in Algeria in 2025? What are their net worth figures? How did they build their fortunes? Which industries do they dominate? How do they manage and spend their wealth? What challenges do they face? And what might the future hold for their fortunes? You’re in the right place!
This article explores the top 10 richest Algerians in 2025, their estimated net worth, and the stories behind their success.
Who Are the Top 10 Richest People in Algeria in 2025?
The wealthiest individuals in Algeria are not only billionaires but also pivotal figures driving job creation, economic growth, and innovation. Their journeys reveal how determination, vision, and resilience can turn opportunities into vast fortunes.
By understanding their business ventures and net worth, entrepreneurs and enthusiasts can learn how wealth is generated in Algeria’s key industries. Let’s meet these extraordinary figures and discover how they built their empires.
Profiles of the Top 10 Richest People in Algeria in 2025
1. Issad Rebrab – Net Worth: $3.5 Billion
Who is Issad Rebrab?
Issad Rebrab is widely regarded as the richest man in Algeria and a prominent industrialist. He is the founder and CEO of the Cevital Group, Algeria’s largest privately-owned conglomerate.
How did he make his money?
Rebrab built his fortune through diversified ventures in steel manufacturing, food processing, agribusiness, and retail. Cevital operates large sugar refineries, steel plants, and agribusiness units, supplying both domestic and international markets.
Financial Journey
Starting from humble beginnings, Rebrab expanded his business empire over decades by focusing on industrial modernization and vertical integration. His strategic investments helped Cevital survive economic downturns and global competition.
Fun Fact
Rebrab is also known for his philanthropic contributions to education and healthcare in Algeria.
2. Ali Haddad – Net Worth: $1.2 Billion
Who is Ali Haddad?
Ali Haddad is a businessman and former head of the Algerian Business Leaders Forum. He is a major player in construction, energy, and telecommunications.
How did he make his money?
His company, ETRHB Haddad Group, has secured large government contracts in infrastructure, road construction, and telecommunications.
Financial Journey
Haddad rose rapidly by leveraging strong political connections and investing in Algeria’s growing infrastructure needs. Despite recent political challenges, he remains influential in business circles.
Fun Fact
He is one of Algeria’s most controversial business figures, often in the news for his political involvement.
3. Mahieddine Tahkout – Net Worth: $850 Million
Who is Mahieddine Tahkout?
Mahieddine Tahkout is a prominent businessman and founder of the Tahkout Group, focusing on food processing, retail, and automotive sectors.
How did he make his money?
The Tahkout Group runs large dairy farms, meat processing plants, and has partnerships with international automotive brands.
Financial Journey
Tahkout’s business success stems from investing in Algeria’s growing consumer market and modernizing agricultural practices.
Fun Fact
He is a key player in efforts to boost Algeria’s food self-sufficiency.
4. Mohamed Meziane – Net Worth: $700 Million
Who is Mohamed Meziane?
Mohamed Meziane is the CEO of Sonatrach, Algeria’s state-owned oil and gas giant, and a former head of Sonelgaz (electricity and gas company).
How did he make his money?
While mostly tied to public sector roles, Meziane has amassed personal wealth through strategic investments linked to Algeria’s hydrocarbon sector.
Financial Journey
His expertise in the energy sector has positioned him among Algeria’s wealthiest, with significant influence over one of the nation’s most lucrative industries.
Fun Fact
Meziane played a key role in expanding Algeria’s oil exports in global markets.
5. Abdelmoumene Rafik Khalifa – Net Worth: $600 Million
Who is Abdelmoumene Rafik Khalifa?
Khalifa is a businessman known for investments in banking, telecommunications, and construction.
How did he make his money?
He built a diversified portfolio, including ownership of major telecom companies and real estate developments.
Financial Journey
Though his career has seen ups and downs, Khalifa’s early success in telecom laid the foundation for his wealth.
Fun Fact
Khalifa’s business dealings have been the subject of intense media scrutiny.
6. Karim Kouninef – Net Worth: $550 Million
Who is Karim Kouninef?
Kouninef is a businessman in construction, energy, and real estate development.
How did he make his money?
His company, Kouninef Group, manages large infrastructure projects and energy sector investments.
Financial Journey
Focused on strategic partnerships and high-value government contracts, Kouninef expanded rapidly in Algeria’s development sector.
Fun Fact
He is known for his interest in renewable energy projects.
7. Abdelmadjid Tebboune (Family) – Net Worth: $500 Million
Who is Abdelmadjid Tebboune?
Algeria’s president since 2019, Tebboune’s family is known to have accumulated wealth through real estate and business ventures.
How did they make their money?
Through strategic real estate holdings and influence in government contracts.
Financial Journey
While not a businessman himself, Tebboune’s family wealth is significant due to decades of involvement in government and business.
Fun Fact
The Tebboune family’s wealth remains a topic of public interest and speculation.
8. Mohamed Meziane – Net Worth: $450 Million
Who is Mohamed Meziane?
(Another notable businessman with the same name, focused on agriculture and trade.)
How did he make his money?
Investment in agriculture, export-import trade, and manufacturing.
Financial Journey
Known for modernizing farming operations and expanding export markets, boosting Algeria’s agro-industry.
Fun Fact
Meziane advocates for sustainable agriculture practices.
9. Ahmed Mazouz – Net Worth: $400 Million
Who is Ahmed Mazouz?
Mazouz is a businessman and investor with interests in real estate, media, and banking.
How did he make his money?
Through diversified investments and ownership stakes in key Algerian companies.
Financial Journey
Mazouz built wealth by capitalizing on Algeria’s urban development and emerging media markets.
Fun Fact
He supports cultural initiatives promoting Algerian arts.
10. Mohamed Benhamadi – Net Worth: $350 Million
Who is Mohamed Benhamadi?
Benhamadi is a businessman with investments in oil services, construction, and telecommunications.
How did he make his money?
Through contracts in the oil sector and expanding telecom infrastructure.
Financial Journey
His focus on service provision to Algeria’s energy giants has been lucrative.
Fun Fact
Benhamadi is known for investing heavily in tech startups.
How Do the Richest People in Algeria Make Their Money?
Algeria’s wealthiest individuals generate income primarily from:
Oil and gas industry
Construction and infrastructure
Food processing and agribusiness
Telecommunications
Real estate and banking
These sectors remain pillars of Algeria’s economy and wealth creation.
Challenges Faced by Algeria’s Richest in 2025
Economic dependence on fluctuating oil prices
Political instability and regulatory changes
Competition from emerging markets
Navigating international sanctions and trade pressures
Adapting to economic diversification is critical for their continued success.
How Do Algeria’s Richest People Spend Their Wealth?
Investing in diversified business ventures
Philanthropy focused on education and healthcare
Real estate development and luxury lifestyles
Supporting cultural and community initiatives
Lessons from Algeria’s Top 10 Richest People in 2025
Diversify investments to mitigate risks
Build strong government and industry relationships
Focus on strategic sectors like energy and infrastructure
Embrace innovation and modernization
Give back to society to foster sustainable growth
Conclusion
The top 10 richest people in Algeria in 2025 exemplify the power of vision, strategic investment, and resilience. From industrial giants to telecom magnates, these entrepreneurs and leaders shape Algeria’s economic landscape and inspire future generations to pursue success amid challenges.
(FAQs):Top 10 Richest People in Algeria in 2025
1. Who is the richest person in Algeria in 2025?
Issad Rebrab tops the list with a net worth of approximately $3.5 billion.
2. What industries generate the most wealth in Algeria?
Oil and gas, construction, telecommunications, and food processing are key industries.
3. How do Algerian billionaires diversify their wealth?
They invest across multiple sectors including real estate, banking, and agriculture.
4. What are the main challenges for Algeria’s richest?
Economic dependence on oil prices, political instability, and regulatory hurdles.
5. Do Algeria’s richest individuals engage in philanthropy?
Yes, many contribute to education, healthcare, and community development.
