Saturday, 6 August 2011

Morocco’s ‘hidden’ billionaire | alifarabia

You won’t find Anas Sefrioui on the Forbes richest list, but that does not mean he is not worthy of their attention. Having raked in $2.6-billion, he has made it into Bloomberg’s short list of hidden billionaires.

The newswire notes that Sefrioui founded the property development company Douja Promotion Groupe Addoha in 1988.

With the help of government subsidies, the company has built more than 190,000 homes spanning almost 15,000 acres throughout Morocco.


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