Nassef Sawiris
Cairo, Egypt
Bachelor of Arts/Science, University of Chicago
Egypt
construction, chemicals
$7,900,000,000
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#252 Billionaires 2019
#4 Africa's Billionaires 2019
Nassef Sawiris is a scion of Egypt's wealthiest family. His brother Naguib is also a billionaire.Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction.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 stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas.
A University of Chicago graduate, he donated $20 million to the school in 2015 to fund scholarships in his father's name for Egyptian students.Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase a majority stake in Aston Villa Football Club.
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