Nassef Sawiris | Gulf Business
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49. Nassef Sawiris

Executive chairman, OCI and co-owner, Aston Villa FC

Origin: Egypt

Residence: UK

Sector: Industry & Investments

2024 Rank: 49

Sawiris is an Egyptian billionaire and influential investor with a diverse portfolio spanning various industries. As of January 2025, his net worth is estimated at $9.17bn, making him Egypt’s wealthiest individual.

Sawiris serves as executive chairman of OCI Global, a leading chemical and fertiliser producer, where he has overseen strategic asset divestments totaling $11.6bn, including the sale of its methanol business to Methanex for approximately $2bn.

In December 2023, he announced plans to relocate his family office, NNS Group, to the Abu Dhabi Global Market, aiming to strengthen investment activities across Europe, the Middle East, and North America.

Beyond his industrial ventures, Sawiris co-owns the English Premier League club Aston Villa through V Sports, a joint venture with American billionaire Wesley Edens. His investment portfolio also includes a significant stake in German sportswear giant Adidas, valued at over $3.3bn as of January 2025.

 

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