Issad Rebrab’s biography, fact, career, awards, net worth and life story

Intro Algerian businessman
Is Businessperson
Entrepreneur
Business executive
From Algeria
Type Business
Gender male
Birth

27 May 1944, Aït Mahmoud

Age 76 years

Issad Rebrab (born 1944), is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics.
According to Forbes, Rebrab is the ninth richest person in Africa, with an estimated net worth of US$3.1 billion, as of January 2016.

Early life

After graduating from a professional school, Rebrab taught accounting and commercial law. He soon left teaching, and started his own accounting firm.

Career

His industrial career started in 1971, when one of his clients proposed he take shares in a metallurgical construction company. He took 20% of the shares in Sotecom. After that, he created other companies in the steel industry: Profilor in 1975 and Metal Sider in 1988.

In 1995, his main installations were destroyed in a terrorist attack. Feeling in danger, he left Algeria. He came back in 1998 with Cevital, the biggest group in agricultural business, which later became the largest private Algerian company. Cevital owns one of the largest sugar refineries in the world.

In 2016, Rebab acquired El Khabar media group, for $45 million. This was his second investment into media, as he already owns the French-Algerian daily paper Liberte.

Personal life

Rebrab is married, with five children.

You May Also Like

Phil Baroni’s net worth, biography, fact, career, awards and life story

Phil Baroni Net Worth: Phil Baroni is an American mixed martial artist who has a net worth of $500 thousand dollars. Born April 16, 1976 in Long Island, New York, Phil Baroni currently fights in the Welterweight division and has also fought as a Middleweight. He is perhaps best known for his stint in the UFC where he holds a record of 3–7. He has also fought in Pride FC, Strikeforce, Cage Rage, Dream, EliteXC, ONE FC, PFC, and Titan FC. Baroni developed a reputation for his boxing ability, although he is also an accomplished wrestler. Baroni is known for his rivalries with Matt Lindland, Ikuhisa Minowa, and the late Evan Tanner. In his early years, Baroni was expelled from Massapequa High School for assaulting a janitor at the school, just a week before the state wrestling championships. Baroni attended Nassau Community College where he became a two time All-American wrestler, placing fifth and second in the nation. Baroni then attended Hofstra University before transferring to Central Michigan University, where he was a double major in biology and psychology and earned his degree in psychology. Between the ages of 17 and 20, he was also an amateur bodybuilder, competing in six shows in which he placed either first or second. He studied kickboxing under Keith Trimble, participated in seven matches, winning all by knockout. He also competed in 10 amateur boxing matches, winning all 10 by knockout. Baroni debuted in the UFC in only his second professional fight, at UFC 30 in Atlantic City, New Jersey. He competed against fellow striking specialist Curtis Stout, and Baroni won by unanimous decision. He was an undefeated 3-0 before getting his second fight with the UFC at UFC 34 against Matt Lindland, whom Baroni would develop a rivalry with later in their careers.
Read More