Net Worth: $2.3 Billion – As of March 2012
Morocco’s Richest Person: #2
Source: Banking, Insurance
Age:79 , Citizenship: Morocco
Marital Status: Married, Children:2
Othman Benjelloun’s father was a large shareholder in a small Moroccan insurance company. Benjelloun took over in 1988, and built it into RMA Watanya, a leading insurance company. He then used it to expand into banking. His publicly traded BMCE Bank is present in more than a dozen African countries (due to an acquisition of Bank of Africa), and has a market capitalization of $4 billion.