Rank #350
Nassef Sawiris
Net worth $9.8B
Construction, investments · Egypt
- Born
- Jan 19, 1961
- Age
- 65
- Source
- Construction, investments
- Residence
- Cairo
- Citizenship
- Egypt
- Marital status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, University of Chicago
Net worth over time
Biography
- Nassef Sawiris is an investor and a scion of Egypt's wealthiest family. His two brothers, Naquib and Samih, are also billionaires.
- In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of the NBA Knicks and the NHL Rangers teams.
- He runs OCI, one of the world's largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange.
- Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai.
- His holdings include a nearly 6% stake in German sportswear giant Adidas.
- Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa Football Club.
- A University of Chicago graduate, he pledged $24 million to the school in 2019 to aid Egyptian students and fund an executive education program.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|