Sharing is Caring

Issad Rebrab net worth is estimated to be $2.5 billion. Issad Rebrab is the founder of Cevital and served as company CEO for more than half a century. His son is Malik is now CEO since July 2022.

 

 

Cevital is the biggest private company in Algeria. The company owns one of the largest sugar refineries globally. It has a capacity of two million tons per annum.

 

Cevital owns companies in Europe such as Groupe Brandt which is a home appliances maker in France and Alas Iberia a Spanish aluminium company.

 

Groupe Brandt manufactures high-end dishwashers, washing machines, freezers, microwaves, televisions, air conditioners and refrigerators.

 

Issad Rebrab spent 8 months in jail on corruption charges and he was released on 1 January 2020.  He denied the charges.

Read More:

An Algerian court prevented Issad Rebrab from management of Cevital in May 2023.  Rebrab’s parents were militants who fought for Algeria’s independence from France.

 

Cevital assisted finance a biopic on Algerian hero known as Larbi Ben M’hidi reported to have been executed by the French in 1957.

 

End

Verified by MonsterInsights