His fortune, which stood at $9.21 billion on May 22, has since fallen to $8.59 billion.
"Nassef Sawiris"
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Year-to-date, Sawiris’ wealth has increased by $667 million, driven by the performance of his stakes in Dutch fertilizer giant OCI N.V. and …
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The unexpected surge catapults Sawiris nine spots on the Bloomberg Billionaires Index, from 300th to 291st.
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The recent surge in the share price of Adidas has bolstered Sawiris’ wealth significantly, with his stake now valued at $2.71 billion.
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This is attributed to lower global nitrogen pricing and a reduction in natural gas prices in Europe and the United States following …
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Egypt’s richest man Nassef Sawiris has experienced a remarkable upswing in his fortunes, with his net worth skyrocketing by $230 million in …
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This downturn — which translates to an average daily loss of $8.16 million since the start of the year — is linked …
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Boasting a net worth of $8.3 billion, Sawiris now comfortably sits among the ranks of the world’s 300 wealthiest individuals.
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As a result of the recent $180-million slump in his fortune, Sawiris is currently the 308th wealthiest individual globally.
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This solidifies his standing as one of Africa’s wealthiest individuals. His year-to-date gains now total $576 million.