US EditionMorocco’s 35-year-old billionaire heir Moulay Mhamed Elalamy
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Morocco’s 35-year-old billionaire heir Moulay Mhamed Elalamy
When billionaire insurance magnate Moulay Hafid Elalamy stepped into Morocco’s cabinet as Minister of Industry in 2013, he had to let go of day-to-day control of Saham, the group he had spent decades building into one of Africa’s most visible conglomerates. The move created a vacuum at the top of the company, and it was his son, Moulay Mhamed, who was called back from Istanbul to fill it.At the time, the younger Elalamy was 23 and working with t…
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