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Moroccan billionaire Anas Sefrioui Loses $199m in Addoha
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Moroccan billionaire Anas Sefrioui Loses $199m in Addoha
Moroccan billionaire Anas Sefrioui has seen the value of his holdings fall sharply after shares of Douja Promotion Groupe Addoha, the real estate company he founded, slid on the Casablanca stock exchange. Since Sept. 3, the market value of his stake has dropped by $199 million.Anas Sefrioui loses nearly $200 million from Groupe Addoha stakeSefrioui, who owns 64.78 percent of Addoha—about 260.8 million shares—remains one of Africa’s wealthiest in…
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