Forbes 2026: Issad Rebrab Net Worth Drops $1.5B
Forbes 2026 ranks Issad Rebrab as Algeria's only billionaire with a net worth of $3.2 billion, down $1.5 billion from 2025.
May 13, 2026
1 min read
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Source: algerie360.com
According to the 2026 Forbes Billionaires List, Issad Rebrab, the founder of Cevital, remains Algeria's sole billionaire. His net worth is estimated at $3.2 billion, a decrease of $1.5 billion from the previous year.
The drop in wealth is attributed to a decline in the valuation of Cevital's assets, particularly in the agri-food and retail sectors, amid global economic pressures and regional market volatility. Rebrab, 79, stepped down as CEO in 2024 but retains a majority stake in the conglomerate.
Forbes notes that Rebrab's fortune peaked at $5.1 billion in 2021. The 2026 ranking places him among the wealthiest individuals in Africa, though his net worth has fluctuated significantly due to legal challenges and business restructuring in recent years.
❓ Frequently Asked Questions
Who is Issad Rebrab?
Issad Rebrab is an Algerian billionaire businessman, founder of the Cevital conglomerate, and the only Algerian on the Forbes Billionaires List in 2026.
Why did Issad Rebrab's net worth drop in 2026?
His net worth dropped by $1.5 billion to $3.2 billion due to a decline in Cevital's asset valuations, particularly in agri-food and retail, amid global economic pressures.
What is Cevital?
Cevital is a major Algerian conglomerate with interests in agri-food, retail, industry, and services, founded by Issad Rebrab in 1998.
