Issad Rebrab (Net worth: $3.7 B)
Rebrab founded Cevital SPA in 1998 and also serves as its Chairman of the Board and Chief Executive Officer. He is one of the first Algerians to go into the entrepreneurial world after independence.
In 1968, he created his own office of certified public accountant. One of his clients suggested to him to take shares in his company of metallurgic manufacture. In 1971 with the acquisition of 20 % of the capital of a metallurgic manufacture company, Sotecom, he entered the business world and then created other companies in the sectors of metallurgy and steel industry. Rebrab carried out important investments. Since 2008, he has been Chairman of the Board of Directors of Cevital Group which consists of 19 subsidiaries divided into 4 poles: food processing industry, automotive and services, industry and distribution.
Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. It also owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Rebrab has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports.
