Naguib Sawiris
Live source dataCairo · Egypt
Net worth
$5.6B
Rank 7 in Africa
Previous published
Unavailable
Prior published estimate
Age
71
Wealth origin
Inherited
Published biography
Naguib Sawiris is a scion of Egypt's wealthiest family. His brothers Nassef and Samih are also billionaires.
He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction.
He's chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others.
He also developed a luxury resort called Silversands on the Caribbean island of Grenada.
Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypt's uprisings in 2011.
In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down.
Source: Forbes — Forbes Africa's Billionaires 2026 · as of Mon, 09 Mar 2026 21:50:24 GMT
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