Net Worth: $2.9 Billion – As of March 2012
Morocco’s Richest Person: #1
Source of wealth: Real estate
Age: 83 , Citizenship: Morocco
Marital Status: Married
Morocco’s richest man got his start in 1948 developing housing, then expanded through Ynna Holding into hotels, supermarkets, and renewable energy. Chaabi was a member of Parliament, where he was dubbed the “red capitalist,” when he allied himself with the socialist party.