Egyptian billionaire Nassef Sawiris gains £810 million as Aston Villa thrives in UEFA Champions League
Egyptian billionaire and Aston Villa co-owner Nassef Sawiris has experienced a remarkable financial surge, seeing his personal wealth increase by £810 million over the past 12 months.
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The UK's abolition of the 200-year-old tax status prompted Sawiris, Africa's fourth-richest person with a $9 billion fortune, to reconsider his options.
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Nassef Sawiris, North Africa’s richest man, is $264 million richer this year
This follows a $310 million gain in 2024, when his wealth increased from $8.41 billion to $8.72 billion.
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Ivan Glasenberg increases stake in Glencore after decade-long gap. His stake is worth around $3.7 billion, making him Glencore’s largest individual shareholder.
Sam Darwish gains nearly $12 million from IHS stake
U.S.-Nigerian telecom executive Sam Darwish’s IHS stake rises nearly $12 million to $56 million.
Sim Tshabalala named interim head of Standard Bank's South African unit
This move is designed to provide stability and maintain the strength of both the group and its largest revenue-generating subsidiary during a crucial leadership transition.