Age, Biography and Wiki

Mamy Ravatomanga was born on 1969, is a Malagasy businessman. Discover Mamy Ravatomanga's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 55 years old?

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Age 55 years old
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We recommend you to check the complete list of Famous People born on . He is a member of famous Businessman with the age 55 years old group.

Mamy Ravatomanga Height, Weight & Measurements

At 55 years old, Mamy Ravatomanga height not available right now. We will update Mamy Ravatomanga's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Mamy Ravatomanga Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Mamy Ravatomanga worth at the age of 55 years old? Mamy Ravatomanga’s income source is mostly from being a successful Businessman. He is from . We have estimated Mamy Ravatomanga's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Businessman

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Timeline

1968

Maminiaina Ravatomanga, often known as Mamy Ravatomanga (born in 1968 in Morondava), is a Malagasy businessman, owner of the Sodiat group, and close adviser to President Andry Rajoelina.

1990

In 1990, he founded Sodiat, a company specializing in transport.

It is now a conglomerate with activities in oil maintenance, construction, the press, hotels, tourism, health, and import-export and is one of the most important companies in Madagascar.

2009

In 2009, he got closer to Andry Rajoelina during 2008, their two companies being subject to the tax authorities, whose investigations had been initiated by the entourage of the president at the time, Marc Ravalomanana.

Subsequently, Ravatomanga supported Andry Rajoelina's accession to power through a coup d'état in March 2009, became his unofficial adviser on economic issues, and therefore remained close to him.

He is cited by the press in several cases of tax evasion and several financial crimes in Madagascar and France.

His name appears in the Panama Papers leaks, and he is notably the majority shareholder in a company registered in the British Virgin Islands.

In Madagascar, he is also accused of embezzlement of public funds to the detriment of the national water and electricity company Jirama, while he sat on its board of directors.

He is also accused of illegal trafficking of threatened rosewood to Asia via state-delivered-derogations and offshore companies.

2016

In 2015, he was banned from leaving the territory, and on May 26, 2016, his home was raided by the Malagasy authorities.

He is also involved in the legal scandals of Patrick Balkany.

In February 2016, the French National Financial Prosecutor's Office opened an investigation against him and his wife, Ramy Rakotoniary, for "organized money laundering" and "tax fraud" in the acquisition of several real estate properties in the Paris suburbs via opaque financial arrangements involving offshore companies, some of which are based in Mauritius.

2017

He is quoted by Forbes, in 2017, as the second richest man in Madagascar, behind Ylias Akbaraly.

2018

From June 2018 to June 2019, four of his properties in the Paris suburbs were seized as part of the preliminary investigation opened by the National Financial Prosecutor's Office.

Moreover, he is involved in the Carlos Ghosn affair.

Indeed, one of the planes of the Malagasy airline TOA, one of its subsidiaries, was used by the ex-CEO of Renault-Nissan-Mitsubishi to illegally flee Japan.

In November 2022, Transparency International Madagascar, calls for an investigation into the organizations and individuals involved in the export of Malagasy lychees to France, including Mamy Ravatomanga, a member of the board of directors of the Groupement des exporters de litchis and one of the main exporters of Malagasy litchis to France, via one of its subsidiaries.

In August 2023, the preliminary investigation by the French National Financial Prosecutor's Office (PNF) opened against Mamy Ravatomanga was cancelled.

This procedure related to acts of money laundering in an organized gang, corruption of a public official, tax evasion and trafficking in rosewood.

The PNF justified this decision, on the grounds of an “insufficiently serious offence”.