Onsi Sawiris

Onsi Sawiris, the Egyptian businessman, belongs to the wealthiest family in Egypt and his net worth is estimated to be $2 billion. He is the 5th richest man in Egypt and the founder of the Orascom Construction Industries or OCI which his son took over in 1995. He was educated in Europe and the US and started his business activities in Egypt only when Hosni Mubarak became the President of the country and adopted liberal business policies.

Read also : The Richest People In Africa, The Richest People In Egypt

onsi sawiris

In the 1990s he established his company as the leading private sector contractor by working in partnership with multinational organizations. He successfully bagged a number of prestigious projects in Egypt and gradually built his net worth. When the business diversified into new areas like IT & tourism, he took full charge of the company to ensure a smooth transition. In no time his business became the largest conglomerate to operate out of Egypt.

onsi sawiris richest people in egypt

At present the company is making rapid progress in new areas like science and technology. Although in his eighties, Onsi Sawiris holds a significant position in OCI and is involved in important decision-making along with his 3 sons – Nassef, Naguib and Samih who are all billionaires themselves and proud members of the coveted Forbes list. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)