Nassef Sawiris | Gulf Business

Nassef Sawiris

With a net worth of $6.8bn, Nassef Sawiris is Egypt’s richest man, adding $1.5bn to his fortune from a year ago thanks to upticks in the share price of several of his holdings including fertilizer manufacturer OCI (which he runs), sports brand Adidas and cement giant LaFargeHolcim. At the start of 2018 OCI looked set…

With a net worth of $6.8bn, Nassef Sawiris is Egypt’s richest man, adding $1.5bn to his fortune from a year ago thanks to upticks in the share price of several of his holdings including fertilizer manufacturer OCI (which he runs), sports brand Adidas and cement giant LaFargeHolcim. At the start of 2018 OCI looked set to boost its fortunes further after signing a $45m contract with Emaar Misr to help build phase one of the Marassi Marina project in his home- country Egypt. The CEO’s influence has extended to various boards around the world over the years, including NASDAQ Dubai and Belgium’s Besix.

CEO, OCI

Origin:Egypt

Residence:Egypt

Sector:Industry

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