M’hammed Kabbaj’s stake in SGTM is now worth nearly 15.9 billion dirhams on the stock market, or approximately 1.72 billion dollars. A fortune still absent from major international rankings.
In its 2026 ranking of major Arab family businesses, Forbes Middle East highlights two Moroccan female leaders heading historic groups . Two low-profile figures, but with significant economic influence.
In its 2026 ranking of the greatest Arab fortunes, Forbes Middle East features three Moroccan names. Three very different paths, spanning finance, hydrocarbons and real estate.
Othman Benjelloun maintains his position as the richest man in Morocco in 2026 with a fortune of $1.7 billion. On a global scale, Elon Musk dominates the Forbes ranking, marking the hegemony of technology over global wealth.
The Benjelloun and Akhannouch families are entering the top of the Forbes Middle East 2026 ranking for the largest wealth increases. Their respective fortunes now reach $1.9 and $1.6 billion.
Morocco is establishing itself as a destination of choice for the world’s great fortunes . According to a recent report by Henley & Partners, the Kingdom is one of the "winning" countries in the migration of millionaires by 2025, ranking third in Africa.
The Moroccan Minister of Agriculture and Maritime Fisheries, Aziz Akhannouch, would occupy the 8th place in the ranking of the 15 richest people in Africa. This ranking is denied by the General Manager of the Afriquia subsidiary, Saïd El Baghdadi, who describes it as hazardous, fanciful, and not taking into account reality.
Forbes magazine has revealed its new female leaders, including the Moroccan businesswoman Salwa Akhannouch . She found herself in the top 10 of women entrepreneurs in the Mena region, creators of brands.