About Nassef Sawiris
Nassef Onsi Sawiris is an Egyptian very rich personal money manager and the most youthful of Onsi Sawiris’ three children. Egypt’s richest individual owns 39% of OCI, a fertiliser manufacturer based in Geleen, Netherlands, which was established as a result of a merger with the original business of the family, Orascom Construction.
Nassef Sawiris Career
Nassef Onsi Sawiris was the youngest of three sons born to Yousiriyya and Onsi Sawiris on January 19, 1961, in Cairo, Egypt. In 1950, his father, a lawyer’s son, had established a construction company. President Gamal Abdel Nasser nationalised the company in 1961, changing its name to El Nasr Civil Works Company. Onsi moved to Libya to start a new general contracting business after becoming dissatisfied with being made an employee at his own company.
Egypt-Libya relations soured after the Camp David Accords were signed, and Sawiris returned to Egypt to take over the family business. Orascom Construction Industries is the brand-new company that Onsi established. By the middle of the 1990s, Orascom had become one of the largest private builders in Egypt thanks to partnerships with international businesses working on local projects.
He bought the Egyptian Fertilizer Company in the same year to get into the fertiliser industry. Through the extension of its own tasks and acquisitions, Orascom’s compost activity developed to turn into the world’s third-biggest nitrogen-based manure maker.
Nassef Sawiris Facts
The Portuguese Primeira Liga team Vitoria S.C. was acquired by V Sports in February 2023 for €5 million, and the agreement stipulated that V Sports would provide a credit line of up to €20 million and invest an additional €2 million into sporting infrastructure within the next two years.
Nassef Sawiris Net Worth
Nassef Sawiris’s net worth was estimated to be around $7.1 billion USD in 2023, making him the wealthiest Arab and fourth wealthiest African.
Personal Information
Full Name | Nassef Onsi Sawiris |
Father’s Name | Onsi Sawiris |
Mother’s Name | Yousriya Loza Sawiris |
Siblings | Samih, Nahuib |
Date Of Birth | 19 January 1961 |
Age | 62 Years |
Birth Place | Cairo, Egypt |
Height | Not Mention |
Education | Graduate |
Net Worth | $7.2 Billion |
Profession | Businessman |
Relationship Status | Married |
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