Meet Lotfi Nezzar, the Algerian businessman whose Spanish empire is estimated at 300 million euros
Billionaires Africa | 16.05.2026 11:33
Lotfi Nezzar built his name twice. First as the eldest son of Algeria's most powerful general of the 1990s, then as a private operator with a telecoms company in Algiers and a property and banking portfolio in Spain estimated at 300 million euros. The combination has placed him at the center of one of Algeria's longest-running judicial sagas, cycling between asset seizures, an in absentia conviction, an Interpol red notice, an acquittal and, after his father's death, a fresh round of scrutiny.
