Issad Rebrab
| Issad Rebrab (يسعد ربراب) | |
|---|---|
 Issad Rebrab | |
| Born |
May 27, 1944 Tagumount-Azzouz village, Tizi Ouzou |
| Residence | Algiers, Algeria |
| Nationality | Algerian |
| Occupation | Businessman |
| Known for | CEO of CEVITAL |
| Net worth | $3.1 billion (January 2016) [1] |
| Children | 5 |
| Website |
www |
Issad Rebrab (born 1944), is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics.
According to Forbes, Rebrab is the ninth richest person in Africa, with an estimated net worth of US$3.1 billion, as of January 2016.[1]
Early life
After graduating from a professional school, Rebrab taught accounting and commercial law. He soon left teaching, and started his own accounting firm.
Career
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. Feeling in danger, he left 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.
Personal life
Rebrab is married, with five children.[1]
References
- 1 2 3 "Issad Rebrab". Forbes. Retrieved 6 January 2016.