Nassef Sawiris
#350

Nassef Sawiris

Egypt 65 years old

Overview

Source of Wealth
Construction, investments
Residence
Cairo
Education
University of Chicago (Bachelor of Arts/Science)
Marital Status
Married
Children
4

Assets

  • Adidas
    11,530,000 shares @ -
    -
    ADS-DE
  • Madison Square Garden Sports
    133,000 shares @ -
    -
    MSGS-US
  • OCI NV
    81,412,000 shares @ -
    -
    OCI-NL
  • Orascom Construction
    46,704,000 shares @ -
    -
    ORAS-AE

Biography

Nassef Sawiris is an investor and a scion of Egypt's wealthiest family. His two brothers, Naquib and Samih, are also billionaires.

In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of the NBA Knicks and the NHL Rangers teams.

He runs OCI, one of the world's largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange.

Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai.

His holdings include a nearly 6% stake in German sportswear giant Adidas.

Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa Football Club.

About

A University of Chicago graduate, he pledged $24 million to the school in 2019 to aid Egyptian students and fund an executive education program.