Issad Rebrab, born at Tagumount-Azzouz village in Kabylie, in 1944, is an Algerian entrepreneur and CEO of CEVITAL industrial group. It is the biggest private company in Algeria employing thousands of people in different domains: steel industry, food, agribusiness, electrotics.According to the Forbes 2013 list of billionaires, Rebrab is the 8th richest person in Africa, with an estimated net worth of US$3.2 billion.After graduating from a professional school, Issad Rebrab taught accountability and commercial law. But he leaved teaching very quickly and started his own accountability firm.His industrial adventure started in 1971, when one of his clients proposed to him to take shares in a metallurgical construction company. He jumped at the chance and took 20% of shares of “Sotecom”. It was the first step of his success story. After that, he created other companies in steel industry: “Profilor” in 1975 and “Metal Sider” in 1988.In 1995, his main installations were destroyed in a terrorist attack. Feeling in danger, he was forced to leave Algeria. But he came back in 1998 with Cevital, the biggest group in agribusiness, which will became later the largest private Algerian company.
$3.2 Billion
