With a net worth of $1.7 billion, Morocco’s Prime Minister Aziz Akhannouch Akwa Group, a conglomerate in chemicals, gas, and petroleum, is mostly owned by he. Among the billionaires in Africa, his fortune ranks Akhannouch is a politician and businessman of great influence.
Aziz Akhannouch Bio Data Table
| Attribute | Details |
|---|---|
| Full Name | Aziz Akhannouch |
| Birth Year | 1961 |
| Birthplace | Tafraout, Morocco |
| Net Worth | $1.7 billion (2024) |
| Profession | Politician, Businessman |
| Position | Prime Minister of Morocco (since 2021) |
| Spouse | Salwa Idrissi Akhannouch |
| Education | Université de Sherbrooke, Canada |
| Business | CEO of Akwa Group |
| Political Party | National Rally of Independents |
Early Development and Education
Born in Tafraout in 1961, Akhannouch is Souss’ Amazigh tribal member. His family settled in Casablanca, where he grew up. 1986 saw him graduate from Université de Sherbrooke, Canada with a management diploma. His business career started here with this knowledge.
Akwa Group: Basis of riches
The fortune of Akhannouch comes from Akwa Group, his father started in 1932. The corporation works in gas, chemicals, and petroleum. On the stock exchange are its subsidiaries, Afriquia Gaz included. His leadership stretched over North Africa and Morocco.
Political Trip
Akhannouch was appointed Minister of Agriculture in 2007 and held that post until 2021. His term brought forth the globally respected Green Morocco Plan. He became Morocco’s prime minister in 2021, guiding the National Rally of Independents into electoral success.
Generosity and Donations
Akhannouch’s company made $103.5 million donation to Morocco’s COVID-19 relief fund in 2020. He backs projects on community development and education. Reflecting his dedication to society development, his public image mostly consists on his charitable endeavors.
Questions About Akhannouch
Akhannouch has run under charges of monopolistic behavior and corruption. The 17 billion dirham fuel pricing affair attracted strong condemnation. He also drew criticism as Prime Minister on growing living expenses and inflation. These problems hampered his appeal.
Authority in Government
Representing Morocco at foreign conferences as Prime Minister, Akhannouch He is quite important in debates on trade and climate change. Notwithstanding disputes, his government keeps emphasizing on economic changes. He still is a major player in Moroccan politics.
Family Life and Corporate Couples
Akhannouch is wed to successful entrepreneur Salwa Idrissi. She oversees Moroccan Gap’s and Zara’s franchises. The couple is parents to three children. Their family’s impact on the area is strengthened by their active participation in several commercial and charitable projects.
Richness From Above
Ranked #1851 on Forbes‘ Billionaires list, Akhannouch’s net worth of $1.7 billion emphasizes his political and commercial accomplishments. His varied portfolio guarantees consistent increase in income. Notwithstanding political obstacles, his riches shows his calculated moves.
Legacy and Teachable Notes
The career of Akhannouch blends public service with business. His ascent from corporate executive to Prime Minister reveals fortitude. Although difficulties surround his path, his successes highlight the difficulty in juggling personal desire with government.
FAQs on Aziz Akhannouch
- What is Aziz Akhannouch’s net worth?
Aziz Akhannouch’s net worth is $1.7 billion as of 2024. - What is Aziz Akhannouch’s profession?
He is a businessman and the Prime Minister of Morocco. - Who is Aziz Akhannouch married to?
He is married to Salwa Idrissi Akhannouch, a businesswoman. - What company does Aziz Akhannouch own?
He is the CEO of Akwa Group, a major Moroccan conglomerate. - What is Aziz Akhannouch’s educational background?
He graduated with a management diploma from Université de Sherbrooke. - When did Aziz Akhannouch become Prime Minister?
He assumed office as Morocco’s Prime Minister in October 2021.
