Aziz Akhannouch net worth is estimated to be $1.7 billion. He is the majority owner and Chief Executive Officer of Akwa Group. The conglomerate was established in 1932 by his father and Ahmed Wakrim.
The Akwa Group has interests in gas, chemicals and petroleum. He owns stakes in Maghreb Oxygene and Afriquia Gaz. The group has its headquarters in Casablanca, Morocco.
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Maghreb Oxgene was established in 1974. Subsidiaries include: Afriquia, Afriquia Gaz, TissirGaz, Akwa Immo, Oxygene, Oasis Cafe, FDM, Lavie Eco and Aujourd Hui. The group’s main products include: oil & gas, lubricants, transport, logistics, storage
In September 2021, Aziz Akhannouch was appointed the Prime Minister of Morocco. His wife is also a business person running franchises of Ralph Lauren, Gucci and Gap in Morocco.
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