Nassef Sawiris Net Worth 2023: Nassef Sawiris is an Egyptian billionaire businessman. He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa. Nassef Sawiris net worth is $8 billion. Read Top 10 Richest Men in Africa
Nassef Sawiris Net Worth
| Nassef Sawiris Net Worth | $8 billion |
| Date of birth | January 19, 1961 |
| Occupation | businessman |
| Nationality | Egyptian |
Biography
Nassef Sawiris was born in 1961. He is the youngest of Onsi Sawiris’ three sons.
Nassef Sawiris attended his secondary education from the Deutsche Evangelische Oberschule Kairo. He then continued at University of Chicago where he was awarded a bachelor’s degree in economics in 1982.
Career
Sawiris joined the Orascom group in 1982 and oversaw the construction activities of Orascom Construction following the transfer of management control from his father Onsi Sawiris in 1995.
He became CEO of Orascom Construction Industries following the company’s incorporation in 1998.
He served on the board of Besix, following OCI SAE acquiring a 50% stake in the company in 2004, and a member of the enumeration and nominations committee until.
He was on the board of directors of the Cairo and Alexandria Stock Exchanges from 2004 to 2007, and was also a board director at the Dubai International Financial Exchange DIFX from July 2008. to June 2010.
Nassef became CEO OCI NV when they acquired the former parent company OCI SAE.
In 2015, he was elected a board member of LafargeHolcim, having served on Lafarge SA’s board since 2008.
Sawiris replaced Tony Xia as chairman of Aston Villa F.C. following the purchase of a 55% controlling stake by NSWE, a company jointly owned and controlled by Sawiris’ group NNS and American billionaire Wes Edens
Nassef Sawiris Net Worth
Nassef Sawiris Net Worth 2023 is $8 billion. He is one of the richest man in Africa.
His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas.
- University of Chicago, Member of the Board of Trustees (since 2013)
- Council on Foreign Relations (CFR), Member of the Global Board of Advisors
- Cleveland Clinic, Member of the International Leadership Board
How much is the chairman of Aston Villa worth?
Aston Villa owners Nassef Sawiris and Wes Edens are ranked by Forbes as the fourth wealthiest owners in the Premier League. According to the American business website, Sawiris and Edens have have a combined net worth of $12.4 billion.
How did Nassef Sawiris get his money?
Egypt’s richest person owns 39% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family’s original business, Orascom Construction.
What does Nassef Sawiris own?
Sawiris has invested heavily in the ownership of sports teams, particularly within association football. Alongside billionaire Wes Edens, Sawiris owns the football club holding company V Sports: who own Premier League team Aston Villa and a 46% stake in Primeira Liga team Vitória S.C..
Sports ownership
Sawiris has invested heavily in the ownership of sports teams, particularly within association football. Alongside billionaire Wes Edens, Sawiris owns the football club holding company V Sports: who own Premier League team Aston Villa and a 46% stake in Primeira Liga team Vitória S.C..
Additionally, V Sports are in discussions to form a Major League Soccer team in Las Vegas, with the name ‘Las Vegas Villains’ registered within American and European copyright.
As of March 2021, Sawiris also owns a 6.3% stake in American company MSG Sports: whose assets include the NBA team New York Knicks and NHL team New York Rangers.
Nassef Sawiris Net Worth is valued at $8 million.
Who owns Aston Villa?
The club is currently owned by the NSWE group, a company owned by the Egyptian billionaire Nassef Sawiris and the American billionaire Wes Edens.
How did Nassef Sawiris get rich?
The substantial surge in Aston Villa’s market value has been instrumental in Sawiris’ impressive wealth accumulation, totaling $455 million this year. Notably, the majority of these gains originate from his six percent stake in the German sportswear giant, Adidas which is now worth $2.37 billion.
How much is Sawiris family worth?
Although the Sawiris family has incurred a loss of about US$800 million since the release of the Forbes Billionaires List for 2022 last April, it topped the Forbes list of the five richest Arab families, with an estimated fortune of $11.2 billion
Who is Egypt’s richest man?
Egypt’s Richest Man is Nassef Sawiris
Source: Glusea
