Biography of jacob
Issad Rebrab
Algerian businessman and billionaire
Issad Rebrab | |
|---|---|
| Born | () May 27, (age&#;80) Tagumount-Azzouz village, Tizi Ouzou, Algeria |
| Occupation | Businessman |
| Known&#;for | CEO of Cevital |
| Children | 5 |
| Website | |
Issad Rebrab (Arabic: يسعد ربراب;[1][2] born ), is an Algerian billionaire businessman, CEO of the Cevital industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics.
In , he was sentenced to six months for tax, banking and customs offenses.
Early life
After graduating from a professional school, Rebrab taught accounting and commercial law. He soon left teaching, and started his own accounting firm.
Issad rebrab biography of abraham Food, automotive, services, distribution, real estate [8] , industry electrical appliances, windows and shutters [9] , water treatment [10]. He then moved to Metz, where he continued his studies. In , Issad quit his teaching job [24] and set up an accounting firm. By , Issad Rebrab was sufficiently successful to fully acquire the metallurgical company he had co-founded eight years prior. Throughout the s, Issad continued to establish new businesses, which grew steadily.Career
His industrial career started in , when one of his clients proposed he take shares in a metallurgical construction company. He took 20% of the shares in Sotecom. After that, he created other companies in the steel industry: Profilor in and Metal Sider in
In , his main installations were destroyed in a terrorist attack.
After he recognized the risks of staying, Rebrab decided to leave Algeria.
Biography of isaac In , he was sentenced to six months for tax, banking and customs offenses. After graduating from a professional school, Rebrab taught accounting and commercial law. He soon left teaching, and started his own accounting firm. His industrial career started in , when one of his clients proposed he take shares in a metallurgical construction company. After that, he created other companies in the steel industry: Profilor in and Metal Sider inHe came back in with Cevital, the biggest group in agricultural business, which later became the largest private Algerian company. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year.[3]
In , Rebrab acquired El Khabar media group, for $45 million.
This was his second investment into media, as he owned the French-Algerian daily paper Liberte.[4] The paper was closed by him in April [5]
On April 22, , Rebrab was incarcerated at the prison of El Harrach on the public prosecutor's orders, after his arrest as part of a corruption probe.[6] He was released on January 1, , after having been sentenced to six months for tax, banking and customs offenses, and having been in custody for longer than his eventual sentence.[7]
On May 27, , after a court decision, the justice prohibits Issad Rebrab from any intention of exercising in commerce.[1]
Personal life
Rebrab is married, and has five children.[8]