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Issad Rebrab & family
Rank #1180
ALGERIAFood & BeverageFood

Issad Rebrab & family

Net Worth
$3.632B
0% (24h)
Issad Rebrab & family, born in 1944, is an Algerian billionaire businessman and the founder of Cevital, the largest private company in Algeria. His source of wealth stems from the food and beverage industry. Rebrab's career began with an accounting firm before transitioning into the industrial sector, building a business empire spanning food processing, steel, and retail. His achievements include building Cevital into Algeria's largest private company and establishing one of the largest sugar refineries globally. He has faced legal challenges but remains a prominent figure.

The Full Dossier

Early Life

Issad Rebrab was born in 1944 in the village of Taguemount-Azouz in the Tizi Ouzou region of Algeria. Growing up during the Algerian War of Independence, Rebrab's family had humble beginnings. He pursued higher education in France, studying accounting, before returning to Algeria to teach and later establish his own accounting firm in 1968.

Rise to Success

Rebrab's entrepreneurial journey began in 1971 when he invested in a metallurgical construction company, Sotecom. He created Profilor in 1975, solidifying his presence in the steel industry. In 1988, he founded Metal Sider, which grew into a major concrete manufacturer. In 1998, he returned to Algeria and founded Cevital. Cevital became the largest private company in Algeria, with interests in food processing, retail, industry, and services.

Key Business Strategies

Rebrab's key strategies involved diversification and strategic acquisitions. He expanded Cevital's operations beyond Algeria, acquiring companies in Europe, including Groupe Brandt (France) and Alas Iberia (Spain). Rebrab has also focused on building a vertically integrated business model, especially in the food industry, including sugar refining, oil production, and margarine manufacturing.

Philanthropy

Issad Rebrab is known for his philanthropic efforts, including the Issad Rebrab Foundation, which supports education, scientific research, and cultural development in Algeria. His foundation has supported educational scholarships, medical facilities, and initiatives that empower vulnerable communities.

Career Timeline

1998

Founded Cevital

Returned to Algeria and founded Cevital, which became the largest private company in Algeria.

1988

Founded Metal Sider

Launched a steel manufacturing company.

1975

Founded Profilor

Created a company in the steel industry.

1971

Invested in Sotecom

Took shares in a metallurgical construction company.

1968

Founded accounting firm

Established a certified public accountant firm in Algiers.

Philanthropic Impact

Education/CultureUnknown

Issad Rebrab Foundation

Supports education, scientific research, and cultural development in Algeria.

Wealth Trajectory