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Naguib Sawiris

Naguib Sawiris

0% | $ 0M
N. Sawiris
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
71Y
Country
Egypt
Born On
June, 1954
Deceased
No
Relationship Status
Married
Children
4
Education

ETH Zurich - MS In Engineering

Designation Info :

Self-Made
No
Type
Inherited (Expanded Family Business)
Organization Name
Orascom Investment Holding
Title
Executive Chairman
Source

Orascom Telecom (Sold), La Mancha

Industry
Telecom, Investments, Mining, Media, Real Estate

About N. Sawiris


N aguib Sawiris is a flamboyant and outspoken Egyptian billionaire who built a massive fortune in the telecommunications industry. He is the eldest of three sons of the late Onsi Sawiris, the founder of the Orascom conglomerate, and a member of Egypt's wealthiest Coptic Christian family. Naguib took charge of the family's nascent railway and IT business and transformed it into Orascom Telecom Holding, building it into a massive international mobile network operator with a presence across the Middle East, Africa, and South Asia.

His career-defining deal came in 2011 when he sold a majority of his telecom assets to the Russian telecom firm VimpelCom (now Veon) in a multi-billion dollar transaction. Since then, he has focused on managing his family's wealth through his private investment firm, which has been renamed Orascom Investment Holding. He has made significant investments in the gold mining industry through his company, La Mancha, and has also acquired the European news network, Euronews. He is known for his charismatic personality, his frank political commentary, and his luxurious lifestyle.

Quick Reads


  • Built and sold the telecommunications giant Orascom Telecom Holding.
  • He is the eldest son of the late Egyptian tycoon Onsi Sawiris.
  • Sold his telecom assets to Russia's VimpelCom in a multi-billion dollar deal in 2011.
  • Now a major investor in gold mining and the owner of the news network Euronews.
  • Known for his outspoken and charismatic public persona.

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