Anas Sefrioui Net Worth

Table of Information: Anas Sefrioui

What is Anas Sefrioui’s Net Worth?

Anas Sefrioui, a Moroccan entrepreneur, has amassed a net worth of $1.1 billion. He is recognized as the founder of Groupe Addoha, a prominent corporate enterprise that he established in 1988. However, Sefrioui gained significant recognition and success ten years later when he secured a contract to construct a substantial portion of government-subsidized housing, supported by the late King Hassan II of Morocco. This breakthrough propelled his wealth to new heights, which further expanded as he won a $1 billion state contract for additional housing units in 2005. Sefrioui currently holds the position of General President and owns 61.7% of Douja Promotion Groupe Addoha, which went public in 2006.

Highlights

• Anas Sefrioui’s net worth is estimated at $1.1 billion.
• He founded Groupe Addoha in 1988.
• Sefrioui gained immense success through government-subsidized housing projects.
• Groupe Addoha went public in 2006.
• He expanded his business ventures in Ivory Coast, Guinea-Conakry, and Cameroon.

Early Life

Anas Sefrioui’s early life details, including his birthdate and birthplace, are currently not available. Despite this, his journey as an entrepreneur began in 1988 when he established Groupe Addoha. Although limited information is available on his upbringing and formative years, Sefrioui’s achievements speak volumes about his dedication and business acumen.

Career

Anas Sefrioui’s career revolves around his remarkable accomplishments with Groupe Addoha. After ten years of establishing his company, he successfully secured a contract to construct a substantial portion of government-subsidized housing with the backing of King Hassan II. This marked a turning point in his career, catapulting him to great success.

In 2005, Sefrioui achieved another milestone when he won a $1 billion state contract to build more housing units, further increasing his wealth. Groupe Addoha became a prominent name in the construction and real estate industry in Morocco.

Continuing his pursuit of growth and expansion, Sefrioui ventured into countries like Ivory Coast, Guinea-Conakry, and Cameroon, where he established cement plants. These ventures aimed to diversify his business interests and widen his reach in the African market.

While Sefrioui’s entrepreneurial journey has been punctuated by numerous successes, the past year has seen fluctuations in Groupe Addoha’s shares, resulting in a $300 million decrease in his net worth. Regardless, his contributions and achievements remain significant within the financial landscape.

Personal Life

Anas Sefrioui is known to be married and has three children. However, specific personal details related to his birthdate, birthplace, gender, and height are not available in the provided information.

Net Worth Over Time

Anas Sefrioui’s net worth has experienced fluctuations over time due to various factors, including market dynamics and changes in the performance of Groupe Addoha’s shares. While his net worth currently stands at $1.1 billion, recent events have caused a $300 million decline. Nonetheless, Sefrioui’s net worth remains substantial, reflecting his achievements as an entrepreneur.

Components of Net Worth

Anas Sefrioui’s net worth of $1.1 billion encompasses various components, primarily derived from his ownership stake in Douja Promotion Groupe Addoha, which accounted for 61.7% of the corporation. The success of Groupe Addoha, particularly through government contracts for housing projects, contributed significantly to Sefrioui’s wealth accumulation. It is important to note that the provided information does not mention specific details about his salary, birthdate, birthplace, gender, or height.

In conclusion, Anas Sefrioui’s entrepreneurial journey and the establishment of Groupe Addoha have paved the way for his impressive net worth of $1.1 billion. His achievements in the construction and real estate sectors, along with his business expansion into multiple African countries, showcase his determination and strategic vision. Despite recent fluctuations in his net worth, Sefrioui’s success remains noteworthy, securing his position as one of the most affluent individuals in Morocco.

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