King Mohammed VI of Morocco — North Africa — Moroccan billionaire family — Hot News — Alaouite Royal Family
Moroccan royal family’s bank holdings soar above $6.2 billion—what this means for their influence
As the value of the royal family’s stake continues to rise, so does its influence in the country’s financial sector.
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Morocco’s second-richest man Othman Benjelloun loses $59 million from BOA stake
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Billionaire Royal Family of Morocco gains $242 million from Attijariwafa Bank
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.
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Ackerman family stake tops $180 million as Pick n Pay shares rebound
The family owns 16.71 percent of Pick n Pay, which amounts to 124.68 million shares.
Edha Nahdi talks $380 million cement expansion with Kenya’s president
The $380 million investment will boost Kenya’s manufacturing, create jobs, and support AfCTA goals.
Rodney Sacks, South African executive behind Monster Energy’s $57 billion rise
Rodney Sacks, a South African-born lawyer, built Monster into a $57 billion giant, transforming the global energy drink industry.
Mike Tyson named CEO of Las Vegas cannabis company
Boxing legend Mike Tyson takes the helm as CEO of Las Vegas-based Carma HoldCo.