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Naguib Sawiris portrait published by Forbes

Naguib Sawiris

Live source data

Cairo · Egypt

Net worth

$5.6B

Rank 7 in Africa

Previous published

$5.6B

Live tracker comparison

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: ForbesForbes Africa's Billionaires 2026 · live tracker · as of Tue, 18 Aug 2026 17:20:04 GMT

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