Naguib Sawiris

$5.53 B

Ranked #748 in World

About Naguib Sawiris

Egyptian tycoon Naguib Onsi Sawiris, with a net worth of $3.2 billion as per Forbes 2021, has been a cornerstone in expanding Orascom into a dominant conglomerate since joining in 1979. The ETH Zurich alumnus oversaw its diversification, notably in telecoms, and later chaired Orascom Telecom and Investment Holdings. In 2016, he founded Ora Developers and eyed an opportunity in Pakistan's Reko Diq project. Sawiris, a Coptic Christian residing in Cairo, is also noted for his humanitarian offer to buy an island for Syrian refugees.

Born

June 15, 1954 in Cairo, Egypt

Age

71 years

Source Of Wealth

Telecom

Industries

Telecom

Citizenship

Egypt

Residence

Cairo

Education

Bachelor of Arts/Science, Swiss Federal Polytechnical Institute; Master of Science, Swiss Federal Polytechnical Institute

Spouse

Ghada Gamil Sawiris

Children

Parent

Onsi Sawiris (father)

Naguib Onsi Sawiris was born on June 15, 1954, in Cairo, Egypt. He is the eldest son of businessman Onsi Sawiris, the founder of the Orascom Group. Sawiris holds a Diploma in Mechanical Engineering and a Master's degree in Technical Administration from ETH Zurich.

Naguib Sawiris: Family

Naguib Onsi Sawiris is married with four children. He lives in Cairo and speaks Arabic, English, German, and French.

Naguib Sawiris: Career Highlights

Sawiris joined Orascom, the family business, in 1979. He contributed to the growth and diversification of Orascom into one of Egypt's largest conglomerates. He built the railway, information technology, and telecommunications sectors of Orascom. In the late 90s, Sawiris led the split of Orascom into separate operating companies. He served as Chairman and CEO of Orascom Telecom Holding and Orascom Investment Holding S.A.E.

In August 2012, Sawiris was appointed Chairman of La Mancha Holding. In 2014, he sold his stake in telecommunications companies to Russian company Vimplecom for over $4 billion. Early in 2015, he acquired a majority stake in the pan-European television channel Euronews. In September 2015, Sawiris offered to buy an island off Greece or Italy to help Syrian refugees. In December 2016, he resigned as CEO of Orascom Telecom Media & Technology.

Sawiris launched Ora Developers, a global real estate company, in 2016. He is currently considering an investment in Barrick Gold Corp.'s Reko Diq copper-gold project in Pakistan.

Naguib Sawiris: Companies

Naguib Onsi Sawiris has been involved with several companies throughout his career, including:

Orascom Group
Orascom Telecom Holding
Orascom Investment Holding S.A.E.
La Mancha Holding
Euronews
Ora Developers

Naguib Sawiris: Major Achievements

Some of Sawiris' major achievements include:

Contributing to the growth and diversification of Orascom into one of Egypt's largest conglomerates.
Building the railway, information technology, and telecommunications sectors of Orascom.
Leading the split of Orascom into separate operating companies in the late 90s.

Selling his stake in telecommunications companies to Russian company Vimplecom for over $4 billion in 2014.
Acquiring a majority stake in the pan-European television channel Euronews in early 2015.

Naguib Sawiris: Awards & Achievements

Naguib Onsi Sawiris has received numerous awards and recognitions for his contributions to business and society, including:

The Arab Businessman of the Year award in 2002.
The North African Businessman of the Year award in 2003.
The African Businessman of the Year award in 2004.
The Middle East Businessman of the Year award in 2005.
The Global Telecom Businessman of the Year award in 2006.

Naguib Sawiris: Personal Life & Legacy

Naguib Onsi Sawiris is a Coptic Christian. He is listed as the 8th richest person in Africa by Forbes magazine in 2021, with a personal wealth of $3.2 billion. Sawiris is known for his philanthropic activities and has made significant contributions to various charitable causes.

Naguib Sawiris: Trivia

Naguib Onsi Sawiris is a licensed pilot.
He is a keen golfer and has participated in several international tournaments.
Sawiris is a patron of the arts and supports various cultural initiatives.
He is a member of the board of trustees of several universities and educational institutions.

Wealth History

Timeline

June 15, 1954

Naguib Onsi Sawiris was born in Cairo, Egypt.

1979

Joined Orascom, the family business.

Late 90s

Led the split of Orascom into separate operating companies.

August 2012

Appointed Chairman of La Mancha Holding.

2014

Sold his stake in telecommunications companies to Russian company Vimplecom for over $4 billion.

Early 2015

Acquired a majority stake in the pan-European television channel Euronews.

September 2015

Offered to buy an island off Greece or Italy to help Syrian refugees.

December 2016

Resigned as CEO of Orascom Telecom Media & Technology.

2016

Launched Ora Developers, a global real estate company.

2021

Listed as the 8th richest person in Africa by Forbes magazine, with a personal wealth of $3.2 billion.

Naguib Sawiris : FAQs

What is Naguib Sawiris's current net worth?

Naguib Sawiris's current net worth is $5.53 billion.

What is Naguib Sawiris's current global rank among billionaires?

Naguib Sawiris holds the 748th position globally among billionaires.

What is Naguib Sawiris's current ranking within the Egypt?

Naguib Sawiris holds the 2nd position in Egypt.

What was the change in Naguib Sawiris's net worth compared to the previous year?

Naguib Sawiris's net worth increased by 484.81 million dollars compared to the previous year 2025, when his net worth was 5.05 billion dollars.

What is the recent change in Naguib Sawiris's net worth?

Naguib Sawiris's net worth decreased by 6.38 million dollars recently, a 0.12% decrease, with his net worth standing at 5.53 billion dollars.

What are Naguib Sawiris's main sources of wealth?

Naguib Sawiris's main source of income comes from Telecom.

In which industry does Naguib Sawiris primarily operate?

Naguib Sawiris is primarily involved in the Telecom industry.

What is Naguib Sawiris educational background?

Naguib Sawiris holds a Bachelor of Arts/Science from Swiss Federal Polytechnical Institute and a Master of Science from Swiss Federal Polytechnical Institute.

How old is Naguib Sawiris?

Naguib Sawiris is 71 years old.

How many children does Naguib Sawiris have?

Naguib Sawiris has 4 children.

Who is Naguib Onsi Sawiris and what is his background?

Naguib Onsi Sawiris, born on June 15, 1954, in Cairo, Egypt, is the eldest son of businessman Onsi Sawiris, founder of Orascom Group. He holds a Diploma in Mechanical Engineering and a Master's degree in Technical Administration from ETH Zurich.

What key achievements has Naguib Sawiris accomplished in his career?

Naguib Sawiris contributed to the growth and diversification of Orascom Group and helmed the development of its railway, IT, and telecom sectors. He was pivotal in the conglomerate's restructuring in the late 90s, served as Chairman and CEO of Orascom Telecom Holding, and led his companies through significant sales and acquisitions, including a $4 billion deal with Vimplecom.

How has Naguib Sawiris been involved in the media and real estate industries?

Naguib Sawiris acquired a majority stake in the pan-European channel Euronews in 2015, and he launched Ora Developers in 2016, a company focused on global real estate projects.

What are some noteworthy humanitarian efforts initiated by Naguib Sawiris?

Notable for his philanthropy, Naguib Sawiris offered to buy an island off Greece or Italy to help Syrian refugees in September 2015, showcasing his commitment to aiding in humanitarian crises.