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Infinity Media
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Tunisia Billionaires (2025): Top 10 Richest Men In Tunisia
Tunisia, known for its Mediterranean charm and rich cultural history, is also home to a number of influential businessmen whose financial successes have made them household names. While the country may not be synonymous with global billionaires, its economy is significantly shaped by a select group of ultra-wealthy individuals operating across sectors such as banking, media, agribusiness, and pharmaceuticals. In this post, we explore the top 10 richest men in Tunisia as of 2025, delving into their backgrounds, business empires, and contributions to the national economy.
1. Ismaïl Mabrouk – $343 Million
Ismaïl Mabrouk tops the list as Tunisia’s richest man in 2025. He is a leading figure in the Mabrouk family business empire, which spans multiple sectors, including banking, retail, and automotive. The family's flagship financial institution, Banque Internationale Arabe de Tunisie (BIAT), is one of the country’s most influential banks. Additionally, their holdings include stakes in popular supermarket chains such as Monoprix and Géant Casino and automobile distribution for brands like Mercedes-Benz and Fiat.
The Mabrouk Group is a powerhouse in the Tunisian economy, and Ismaïl’s leadership has ensured consistent growth through strategic partnerships and regional expansion.
2. Rached Horchani – $118.5 Million
Rached Horchani is the patriarch behind Horchani Group, a conglomerate that began with agricultural production and expanded into finance and export services. The company is a major exporter of olive oil, dates, and seafood, positioning itself as a key player in Tunisia’s agribusiness sector.
Horchani has also ventured into banking, holding shares in Amen Bank and Banque de l’Habitat. His ability to diversify while maintaining a stronghold in agriculture showcases his astute business acumen.
3. Karim Ben Yedder – $114.2 Million
Karim Ben Yedder inherited a solid business foundation from his father, Rachid Ben Yedder, and built upon it to become one of Tunisia’s wealthiest individuals. He plays a central role in the Amen Group, a diversified conglomerate involved in banking, automotive distribution, and insurance.
His flagship company, Ennakl Automobiles, is the leading distributor of Volkswagen, Audi, and Seat vehicles in Tunisia. Coupled with his stake in Amen Bank, Karim has fortified his financial footprint across sectors.
4. Mehdi Tamarziste – $101.6 Million
Mehdi Tamarziste is primarily known for his strong presence in Tunisia’s financial institutions. He holds considerable shares in BIAT, UBCI, and Amen Bank. In addition, his interests include leasing and investment services via Tunisie Leasing.
Tamarziste’s diversified financial holdings not only underscore his wealth but also his deep influence within Tunisia’s banking ecosystem.
5. Moncef El Materi – $100 Million
A major name in Tunisia’s pharmaceutical sector, Moncef El Materi founded Al Adwya in 1984. The company is among the largest producers of human and veterinary pharmaceuticals in the country.
El Materi has maintained a low public profile but remains a key figure in industrial development in Tunisia. His leadership has contributed significantly to making Al Adwya a household name and a regional exporter.
6. Ahmed Abdelkefi – $95 Million
Economist and entrepreneur Ahmed Abdelkefi is widely recognized for pioneering private equity and leasing solutions in Tunisia. He founded Tuninvest Finance Group, one of the first firms to introduce structured investment vehicles and venture capital into the Tunisian market.
His other ventures include Tunisie Leasing and Tunisie Valeurs. Abdelkefi is lauded not only for his entrepreneurial skills but also for his thought leadership in Tunisia’s economic policies.
7. Sakher El Materi – $90 Million
The son-in-law of former President Zine El Abidine Ben Ali, Sakher El Materi amassed substantial wealth through his holdings in media, real estate, and banking. His company, Princesse El-Materi Holdings, managed a diversified portfolio before the 2011 revolution.
Although he has faced legal and political challenges and currently lives in exile, his previous business influence and assets still contribute to his wealth ranking in 2025.
8. Slim Riahi – $85 Million
Slim Riahi built his fortune in the energy sector while in Libya before returning to Tunisia to become a political and media figure. He founded the Free Patriotic Union (UPL) and also served as president of the popular football club Club Africain.
His media interests include a stake in Nessma TV. Although facing various legal battles, Riahi’s diversified assets have kept him among the richest in Tunisia.
9. Nabil Karoui – $80 Million
Nabil Karoui is a media tycoon known primarily for founding Nessma TV, one of North Africa’s leading Arabic-language channels. He also co-founded the advertising agency Karoui & Karoui World, which played a pivotal role in shaping the modern advertising landscape in the region.
Karoui entered politics and became a prominent opposition figure, finishing second in the 2019 presidential elections. His influence in both media and politics continues to make him a notable public figure.
10. Fadhel Abdelkefi – $75 Million
Son of Ahmed Abdelkefi, Fadhel has carved out his own legacy in finance and government. He served as Tunisia’s Minister of Finance and held executive roles in major investment firms like Tunisie Valeurs.
Fadhel is widely respected for his economic insight and policy expertise. His financial background and public service make him a unique figure among Tunisia’s wealthiest individuals.
Summary Table: Top 10 Richest Men in Tunisia (2025)
Conclusion
Tunisia’s economic elite may not all carry billionaire status on a global scale, but their influence within the country and across North Africa is undeniable. These ten men have leveraged legacy, entrepreneurship, and strategic diversification to build impressive fortunes that impact every corner of Tunisia’s economy. From retail empires to media channels, and banking to pharmaceuticals, their endeavors define Tunisia’s financial narrative in 2025 and beyond.
As the nation continues to grow and attract international investment, these individuals will likely remain key players shaping its trajectory. Their stories serve not only as markers of personal success but also as illustrations of the opportunities available in Tunisia’s dynamic business environment.
