Aziz Akhannouch Net Worth

Aziz Akhannouch has an estimated net worth of $1.5 billion, according to Forbes Real-Time Billionaires, Aziz Akhannouch profile (figures as of October 20, 2026). That is down from a peak of $2 billion.

Aziz Akhannouch is a Moroccan businessman and politician. He is the CEO of Akwa Group and the majority owner of the company. The group was founded in 1932 by his father and Ahmed Wakrim. Its business includes petroleum, gas, and chemicals. Some of those interests sit in the publicly traded companies Afriquia Gaz and Maghreb Oxygene. Akhannouch also held major public roles, serving as minister of agriculture from 2007 to 2021 and prime minister from 2021 to 2026.

His wealth is tied mainly to Akwa Group, a large conglomerate with deep roots in Morocco’s energy market. That ownership put him among the country’s richest business figures, while his government career raised his public profile even more. In Sept 2021, he was appointed prime minister of Morocco. Alongside his own business career, his wife Salwa Idrissi runs her own company, which holds franchises for Gap, Gucci, and Ralph Lauren in Morocco.

How Aziz Akhannouch built his fortune

Akhannouch’s money comes from his stake in Akwa Group, where he is the majority owner and CEO. The business began in 1932, when his father and Ahmed Wakrim founded it. Over time, it grew into a multibillion-dollar conglomerate. Its core activity is energy, with interests in petroleum, gas, and chemicals. Publicly traded Afriquia Gaz and Maghreb Oxygene are key parts of that portfolio, giving his wealth a strong base in large industrial assets.

His public career ran alongside that business role. He served as minister of agriculture from 2007 to 2021, then became Morocco’s prime minister in Sept 2021. Those jobs did not create the fortune described by Forbes, but they made him one of the country’s best-known business and political figures. His financial standing is still tied mainly to Akwa Group and its energy and chemicals holdings, rather than to public office.

What Forbes says about his net worth

Forbes has shown clear swings in its estimate over time. It put Akhannouch at $2 billion in 2019, then $1 billion in 2020. The estimate rose to $1.9 billion in 2021. After that, Forbes showed $1.7 billion in 2024 and $1.6 billion on the 2026 World’s Billionaires list. Those changes fit a fortune connected to a diversified group with major exposure to petroleum, gas, and chemicals.

As of October 20, 2026, Akhannouch is worth $1.5 billion on Forbes' real-time billionaires tracker. Forbes places him in the diversified industry and ties his wealth to petroleum and diversified holdings. That latest figure sits below some earlier estimates, but it still reflects a large position in a longstanding Moroccan conglomerate. His fortune remains centered on Akwa Group, with Afriquia Gaz and Maghreb Oxygene among the best-known public pieces.