Naguib Sawiris is an Egyptian businessman cum politician who enjoys a net worth of $2.5 billion according to Forbes magazine. He is the 2nd richest man in Egypt and the 9th richest in Africa. His business career started in 1979 with Egypt’s largest private sector company, Orascom. However, the company was split into different operating companies and he became the chairman of Orascom Telecom Holding. It was established in the later half of 1997.
Read also : The Richest People In Africa, The Richest People In Egypt
In 2005 he founded Weather Investment which is now known as WIND Telecom. In 2006 he acquired TIM Hellas in Greece and re-christened it as Wind Hellas. In October 2010 the Russian mobile phone operator, VimpelCom Ltd and WIND Telecom merged their assets for a value of $6.5 billion. Naguib Sawiris holds a Master’s degree in business administration from ETH, Zurich. He holds a mechanical engineering degree from the same institute.
He is considered as a true nationalist and a staunch supporter of liberalism. Sawiris is the founder of the Free Egyptians Party and also pushed for the ouster of the Mohamed Morsi, the new President of Egypt. He is the eldest of the three brothers in the Sawiris family and is married to Yousriya Loza Sawiris. The couple has 4 children.
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