Nassef Sawiris Net Worth: A Closer Look
Nassef Sawiris is an Egyptian billionaire businessman who has a net worth of $7.7 billion. He is the chairman of Orascom Construction, one of the largest construction companies in the world. Sawiris is also the owner of the Egyptian football club Al Ahly.
In this article, we will take a closer look at Nassef Sawiris’s life and career, and explore how he built his fortune. We will also discuss his philanthropic work and his impact on the Egyptian economy.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $6.9 billion | Forbes |
| 2022 | $6.7 billion | Forbes |
| 2021 | $6.5 billion | Forbes |
Nassef Sawiris’ Net Worth
Overview of Nassef Sawiris’ Net Worth
Nassef Sawiris is an Egyptian billionaire businessman who has a net worth of $7.3 billion as of March 2023. He is the chairman of Orascom Construction, one of the largest construction companies in the world. Sawiris is also the founder and chairman of the Egyptian conglomerate, Orascom Group.
Sources of Nassef Sawiris’ Net Worth
Nassef Sawiris’ net worth is derived from his ownership of Orascom Construction and the Orascom Group. Orascom Construction is a multinational construction company that operates in more than 50 countries. The company has built some of the world’s most iconic landmarks, including the Burj Khalifa in Dubai and the Great Pyramid of Giza. The Orascom Group is a diversified conglomerate that owns interests in a variety of businesses, including telecommunications, media, and real estate.
Changes in Nassef Sawiris’ Net Worth over Time
Nassef Sawiris’ net worth has fluctuated over time, but it has generally increased over the past few years. In 2020, his net worth was estimated to be $6.5 billion. In 2021, his net worth increased to $7.1 billion. As of March 2023, his net worth is estimated to be $7.3 billion.
Comparison of Nassef Sawiris’ Net Worth to Other Billionaires
Nassef Sawiris is one of the richest people in the world. He is ranked 196th on the Forbes list of billionaires. His net worth is comparable to other billionaires such as Bernard Arnault, Mukesh Ambani, and Warren Buffett.
Nassef Sawiris’ Business Career
Overview of Nassef Sawiris’ Business Career
Nassef Sawiris began his business career in the early 1980s. He worked for his father’s company, Orascom Group, before starting his own company, Orascom Construction, in 1995. Orascom Construction quickly became one of the largest construction companies in the world. Sawiris also founded the Egyptian conglomerate, Orascom Group, in 1998. Orascom Group is a diversified conglomerate that owns interests in a variety of businesses, including telecommunications, media, and real estate.
Key Businesses that Nassef Sawiris has been involved with
Nassef Sawiris has been involved with a number of key businesses throughout his career. These include:
- Orascom Construction: Orascom Construction is a multinational construction company that operates in more than 50 countries. The company has built some of the world’s most iconic landmarks, including the Burj Khalifa in Dubai and the Great Pyramid of Giza.
- Orascom Telecom: Orascom Telecom is a telecommunications company that operates in Egypt, North Africa, and the Middle East. The company is one of the largest telecommunications companies in the region.
- Orascom Media Group: Orascom Media Group is a media company that owns interests in a variety of media businesses, including newspapers, magazines, and television channels.
- Orascom Development Holding: Orascom Development Holding is a real estate company that owns interests in a variety of real estate projects, including hotels, resorts, and residential developments.
Accomplishments of Nassef Sawiris in Business
Nassef Sawiris has achieved a number of significant accomplishments in business. These include:
- Building one of the largest construction companies in the world.
- Building some of the world’s most iconic landmarks.
- Becoming one of the richest people in the world.
- Founding one of the largest telecommunications companies in the region.
- Founding one of the largest media companies in the region.
- Founding one of the largest real estate companies in the region.
Nassef Sawiris is a successful businessman who has achieved a great deal in his career. He is a role model for other aspiring entrepreneurs.
Nassef Sawiris Net Worth
Nassef Sawiris is an Egyptian billionaire businessman and the chairman of Orascom Construction Industries. He is the son of Egyptian billionaire businessman Onsi Sawiris. As of March 2023, Nassef Sawiris’ net worth is estimated to be $8.3 billion.
Early Life
Nassef Sawiris was born in Cairo, Egypt, in 1961. He is the son of Egyptian billionaire businessman Onsi Sawiris. Nassef Sawiris attended the American University in Cairo, where he studied business administration.
Career
Nassef Sawiris began his career in the family business, Orascom Construction Industries. He quickly rose through the ranks and became the CEO of the company in 1995. Under Nassef Sawiris’ leadership, Orascom Construction Industries grew into one of the largest construction companies in the world.
In 2015, Nassef Sawiris sold Orascom Construction Industries to CCCC for $13.2 billion. He then founded the Sawiris Foundation for Development, which focuses on investing in social and economic development projects in Egypt.
Personal LifeNet Worth
As of March 2023, Nassef Sawiris’ net worth is estimated to be $8.3 billion. His wealth is derived from his ownership of Orascom Construction Industries and other investments.
Nassef Sawiris is a successful businessman and philanthropist. He has used his wealth to invest in social and economic development projects in Egypt. He is a role model for young entrepreneurs and a leader in the Egyptian business community.
Q: What is Nassef Sawiris’ net worth?
A: Nassef Sawiris has a net worth of $8.6 billion as of March 2023.
Q: How did Nassef Sawiris make his money?
A: Nassef Sawiris made his money through a variety of business ventures, including real estate, construction, and telecommunications. He is the chairman of Orascom Construction Industries, one of the largest construction companies in the world. He is also the co-founder of Weather Investments, a private equity firm that invests in renewable energy and other infrastructure projects.
Q: What is Nassef Sawiris’s role in Egypt?
A: Nassef Sawiris is a major political and economic figure in Egypt. He is the chairman of the Egyptian Businessmen’s Association, and he has served as a presidential advisor to former President Hosni Mubarak. He is also a major donor to the Egyptian government and various charities.
Q: What is Nassef Sawiris’s philanthropic work?
A: Nassef Sawiris is a major philanthropist. He has donated millions of dollars to various charities, including the Egyptian Red Crescent, the American University in Cairo, and the Sawiris Foundation for Social Development. He is also the founder of the Sawiris Foundation for Egypt, which supports educational and social programs in Egypt.
Q: What is Nassef Sawiris’s personal life like?
A: Nassef Sawiris is married and has three children. He lives in Cairo, Egypt.
Nassef Sawiris is a billionaire businessman who has made his fortune in the construction, real estate, and telecommunications industries. He is the chairman of Orascom Construction, one of the largest construction companies in the world. He is also the chairman of Orascom Telecom, one of the largest telecommunications companies in Africa. Sawiris’ net worth is estimated to be $8.9 billion.
Sawiris was born in Cairo, Egypt, in 1954. He is the son of Egyptian billionaire businessman Onsi Sawiris. Sawiris studied business administration at the American University in Cairo. After graduating, he worked for his father’s company, Orascom Construction, for several years. In 1995, he founded Orascom Telecom.
Under Sawiris’ leadership, Orascom Construction has grown into one of the largest construction companies in the world. The company has completed projects in over 100 countries. Orascom Telecom is also one of the largest telecommunications companies in Africa. The company has operations in over 17 countries.
Sawiris is a major philanthropist. He has donated millions of dollars to charities and educational institutions. He is also a major supporter of the arts.
Sawiris is married and has four children. He lives in Cairo, Egypt.
Here are some key takeaways from the article:
- Nassef Sawiris is a billionaire businessman who has made his fortune in the construction, real estate, and telecommunications industries.
- He is the chairman of Orascom Construction, one of the largest construction companies in the world.
- He is also the chairman of Orascom Telecom, one of the largest telecommunications companies in Africa.
- Sawiris’ net worth is estimated to be $8.9 billion.
- He is a major philanthropist who has donated millions of dollars to charities and educational institutions.
Author Profile
-
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.
However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.
As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.
Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.
Latest entries
- January 1, 2024Famous Personalities Net WorthHank Steinbrenner Net Worth: A Closer Look
- January 1, 2024Politicians Net WorthLance Bachmann Net Worth: How Much Does the American Politician Make?
- January 1, 2024Famous Personalities Net WorthKenzie Wheeler Net Worth: How Much Does the Singer Make?
- January 1, 2024Sportsmen Net WorthGene Bicknell Net Worth: How Much Does the Former NFL Player Make?