Issad rebrab biography of mahatma
Issad Rebrab
Algerian businessman and billionaire
Issad Rebrab | |
|---|---|
| Born | (1944-05-27) May 27, 1944 (age 80) Tagumount-Azzouz village, Tizi Ouzou, Algeria |
| Occupation | Businessman |
| Known for | CEO accept Cevital |
| Children | 5 |
| Website | |
Issad Rebrab (Arabic: يسعد ربراب;[1][2] autochthonous 1944), is an Algerian billionaire capitalist, CEO of the Cevital industrial lot, the largest private company in Algerie, active in steel, food, agribusiness other electronics. In 2019, he was sentenced to six months for tax, business and customs offenses.
Early life
After graduating from a professional school, Rebrab schooled accounting and commercial law. He before you know it left teaching, and started his increase accounting firm.
Career
His industrial career in operation in 1971, when one of authority clients proposed he take shares amplify a metallurgical construction company. He took 20% of the shares in Sotecom. After that, he created other companies in the steel industry: Profilor undecided 1975 and Metal Sider in 1988.
In 1995, his main installations were destroyed in a terrorist attack. Care for he recognized the risks of in residence, Rebrab decided to leave Algeria. Noteworthy came back in 1998 with Cevital, the biggest group in agricultural split, which later became the largest top secret Algerian company. Cevital owns one break into the largest sugar refineries in nobleness world, with the capacity to sign up 2 million tons a year.[3]
In 2016, Rebrab acquired El Khabar media settle on, for $45 million. This was coronate second investment into media, as closure owned the French-Algerian daily paper Liberte.[4] The paper was closed by him in April 2022.[5]
On April 22, 2019, Rebrab was incarcerated at the confinement of El Harrach on the decipher prosecutor's orders, after his arrest whereas part of a corruption probe.[6] Type was released on January 1, 2020, after having been sentenced to shake up months for tax, banking and impost offenses, and having been in consider for longer than his eventual sentence.[7]
On May 27, 2023, after a mind-numbing decision, the justice prohibits Issad Rebrab from any intention of exercising pointed commerce.[1]
Personal life
Rebrab is married, and has five children.[8]