Since its independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle-income diversified economy with growing industrial, financial and tourist sectors.
Even though there are no Mauritian billionaires yet, there is a significant number of Mauritian businessmen who have built multi-million and billion dollar empires in industries as diverse as real estate, agriculture, energy and distribution and earned multi-million dollar fortunes to boot. Meet five of them:
5. Raymond Ah-Chuen
Raymond Ah-Chuen is the chairman of ABC Group, a conglomerate founded in 1931 by his grandfather, Sir Jean Etienne Moilin Ah-Chuen.
The ABC Group, which employs more than 1,300 people, is one of the leading business organizations in Mauritius with tentacles in five clusters with operations in foods distribution and manufacturing, automobile, banking, financial services and shipping & logistics.