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
Birth Sign Gemini
Residence Algiers, Algeria
Occupation Businessman
Known for CEO of CEVITAL
Children 5

💰 Net worth: $4.8 Billion (2023)

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.



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.


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.


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.


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.