Billionaire Profile
Issad Rebrab & family
Global Rank
#1164

Image: Public domain | via Wikimedia Commons

Issad Rebrab & family

CEO, Food
ALGERIA
Real-Time Net Worth
$3.632B
Estimated based on Food stock value as of March 6, 2026
0% (24h)
Age
82
Source
Food
Industry
Food & Beverage
Citizenship
ALGERIA

Biography

Issad Rebrab, born in 1944, is an Algerian billionaire businessman and the founder of Cevital, the largest private company in Algeria. His wealth stems from the food and beverage industry, with Cevital owning one of the largest sugar refineries in the world. Rebrab's career began with an accounting firm, later evolving into a significant industrial presence with the establishment of Cevital in 1998. His company has grown to encompass various sectors, including food processing, retail, and industry, employing over 18,000 people across three continents. Rebrab's achievements include building Cevital into a leading conglomerate and expanding its operations internationally. Despite facing legal challenges, including a period of incarceration, he remains a prominent figure in Algerian business.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Issad Rebrab was born in 1944 in the village of Taguemount-Azouz, Algeria. After attending a professional school, he taught accounting and commercial law before starting his own accounting firm.

Rise to Success

Rebrab's industrial journey began in 1971 when he took shares in a metallurgical construction company. He then created Profilor in 1975 and Metal Sider in 1988 in the steel industry. In 1995, his main installations were destroyed in a terrorist attack. He returned to Algeria in 1998 with Cevital, which became the largest group in the agricultural business. Cevital owns one of the largest sugar refineries in the world. In 2016, Rebrab acquired the El Khabar media group for $45 million. Rebrab has also been vocal about moving Algeria away from its oil-centered economy, championing private investments and entrepreneurship.

Key Business Strategies

Rebrab's strategy has been to diversify. The Cevital Group has expanded into various sectors, including food processing, mass distribution, domestic appliances, and the automotive industry. He has also focused on expanding the Group's operations beyond Algeria.

Philanthropy

Throughout his career, he has remained committed to the development of Algeria and its people, supporting infrastructure projects, and investing in healthcare to improve the quality of life for Algerians.

Career Milestones

1968

Founded an accounting firm

Established his own accounting firm after leaving a teaching job.

1971

Entered the steel industry

Took shares in Sotecom, a metallurgical construction company.

1998

Founded Cevital

Established Cevital, which became the largest private company in Algeria.

2022

Malik Rebrab named CEO of Cevital

Issad Rebrab's son took over the operational leadership of Cevital.

Philanthropy & Social Impact

Community Development

Community Development

Undisclosed

Supports infrastructure projects and invests in healthcare to improve the quality of life for Algerians.

Business Philosophy & Leadership

Notable Quotes

"“Think big, start small and move fast.”"

Leadership Principles

Vision

Move Algeria from importer to exporter in the post-oil economy, and make it an emerging economic power.

Innovation

Continuously expanding and diversifying business activities.

Controversies & Challenges

2019

Arrest and Imprisonment

Incarcerated for tax, banking, and customs offenses. Released in January 2020 after serving eight months.

2023

Commercial Activity Ban

An Algerian court barred Rebrab from exercising any commercial or management duties at Cevital.