The Business King of Morocco
King Mohammed VI has kept his country politically and economically stable for decades. Through his efforts, Morocco is now laying the foundations for an industrial economy.
With a personal net worth estimated at over $8 billion as of 2020, the 59-year-old King Mohammed VI of Morocco is one of the wealthiest people in Africa and one of the wealthiest royals in the world.1 Unlike many other royals, however, the King of Morocco didn’t inherit most of his wealth. Since taking the throne in 1999, the King has consistently guided both his personal business empire and the Moroccan economy towards growth; his interests in real estate, banking, and telecommunications have grown alongside the economy. From 1999 to 2019, Morocco’s GDP per capita increased by 74%, significantly outperforming every one of its immediate and near neighbors in both Africa and Europe, including Algeria, Egypt, Spain, and France.2