Quote Of The Day

Every child is an artist. The problem is how to remain an artist once he grows up.

Pablo Picasso

Issad Rebrab & family

Founder, Cevital
$3.3B
Real Time Net Worth
as of May 24, 2017
$3.1B
Net Worth
as of 2017
  • Age 73
  • Source of wealth Food
  • Citizenship Algeria
  • Education Vocational training
  • Residence Algiers, Algeria
  • Status Married
  • Children 5

Net Worth Over Time

$3.2 B
2013
$3.2 B
2014
$3.1 B
2015
$3.1 B
2016
$3.1 B
2017

At worst, I knew I could always go back to teaching.

Issad Rebrab & family

Issad Rebrab founded Algeria’s biggest privately held conglomerate, Cevital. It owns one of the largest sugar refineries in the world, with an annual output of 1.6 million tons; it also produces vegetable oil and margarine. Rebrab has been diversifying by buying European companies in distress. In 2014, he acquired Groupe Brandt, a large French-based maker of appliances that had filed for bankruptcy protection. Cevital has invested more than $200 million to build a Brandt plant in Algeria. Rebrab was reportedly a customer of Panamanian law firm Mossack Fonseca, which helped him set up offshore firms to register a Swiss bank account, in defiance of Algerian laws. Rebrab, whose five children work at the company, is the son of militants who fought for Algeria’s independence from France.