Mohammed VI Has A Fortune Worth $ 5.7 B, 12 Castles and 600 Luxurious Cars

“El Mundo” Spanish newspaper said in its editorial; “The King of Morocco Mohammed VI, ranks fifth in terms of wealth at the level of the African continent, and imposes the complete control on the means of production, the press, the security forces, the country’s parliament, in the absence of any significant opposition”.

Spanish newspaper’s article was titled “Mohammed VI, King Who Becomes A Pole”, adding that the King of Morocco was able to establish a financial empire that is in line with the current requirements, along the lines with what was done by Arab princes in the Gulf, at a time when the majority of the Moroccan people live below the poverty line, and women are exposed to attacks everyday, but at a cultural level, Morocco is placed in a low level intentionally.

Same newspaper explained that the King of Morocco prefers mixing with the European royal families, which he invited occasionally to visit his palaces to remind them of the importance to take over the reins of power under the shadow of the kingdom.

“King of Morocco, since he got on the throne in 1999, collected a personal fortune of nearly $ 5.7 billion, according to Forbes magazine, that is supported by samples of luxury cars and distinct equipment”.

“Morocco is Today, more than ever, under the shadows of the upper crown, which mixes all sorts of powers, political, economic, legal and military”.

“Moroccan economy and for decades, is under the control of the French and English companies, as the throne’s economy focused on the sectors of agriculture, nutrition and distribution operations. 

Among the sectors that fall within the king’s control, there are the agricultural areas, and the first institution that is competent in agriculture and animal husbandry, the company milk and dairy products, and those interested in citrus types, and grain companies, which dominate the 12 thousand hectares, in addition to stadium for luxury golf”.

“So called, Mounir Madjidi, is the right hand of the king, and he is in charge of the economic interests of the Moroccan Alaoui throne, contributing by 60% in the group of private companies, under the name of the National Investment Company, in addition to investment in the areas of banking, credit, construction, transportation, energy, and plastic”.

“National Investment Company accredited, during 2004, an amount of 3 billion euros, and obtained the profit of 300 million euros, as the company plans to buy African companies, and extend its hands on the energy fields”.

“Mohammed VI does not hide his properties, as he owns 12 royal palaces, and led a lot of visits to foreign countries, and have luxury cars, that may reach up to 600 cars, and possesses a great deal of outstanding buildings, and since four decades ago the royal family bought another palace in the French village Batz “.