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The fresh EGX is actually reasserting by itself because the a nice-looking place to go for home-based and global buyers. Nassef Onsi Sawiris is actually a billionaire businessman and the youngest from Onsi Sawiris’ three sons. At the time of January 2025, his internet worth try estimated as $7.7 billion, and then make your the newest richest man within the Egypt and also the last richest man inside Africa, according to Forbes. Considering 2025 Forbes ranks, Nassef Onsi Sawiris is the wealthiest member of Egypt. He works OCI, one of several community’s largest nitrogen manure suppliers, with plant life within the Colorado and you can Iowa. Even with their online property value All of us $1.5 billion left intact in the 2023, the guy mounted in the brand new Arab wealthiest males positions, swinging from 15th to 14th set, and the international positions, continue from,929th to one,905th lay.

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One of them are 27 centimillionaires, which have investable possessions folks $100 million or even more, and you can 5 billionaires, with investable possessions of us $step one billion or maybe more. Also, Cairo positions 54th international, first in Africa, and third regarding the Arab region on the large level of billionaires, having investable assets folks $step 1 billion or maybe more within the 2023. The fresh joint online value of the new six Egyptian billionaires number to $19.1 billion, out of a population of 105 million Egyptians. Its net well worth inside 2023 achieved United states $19.step one billion, compared to Us $18.3 billion inside the 2022. The fresh drop inside the Nassef Sawiris’ worldwide ranks stems from an excellent loss of Us $three hundred million within his money than the 2022. This individual shorter out of school in the age 16 and you can began employed in a cam vehicle auto technician mr. wager black-jack nz .

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