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According to Billionaires.Africa, the market value of the El-Sewedy family’s share in Elsewedy Electric has gained EGP4.02 billion ($129.96 million) in the last two weeks.
His recent $110-million wealth gain is attributed to the recent performance of his investments, which encompass real estate, teleom, and the mining industry.
Berzi holds a 41.95-percent stake, equivalent to 303,323,015 ordinary shares in the Egyptian consumer goods giant, facilitated by Quantum Invest BV.
The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
The Ghabbour family holds a significant 62.9-percent stake in the automaker, or 682,779,500 ordinary shares.
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The recent acquisition aligns with TMG’s strategy to maximize recurring income activities, enhance foreign currency resources, and create spare liquidity for future dividends.
Mansour owns a sizable 5.6-percent stake in the Cairo-based real estate firm, which translates to 202,291,698 ordinary shares.
Berzi established the conglomerate in 1996 and presently holds a substantial 41.95-percent stake, equivalent to 303,323,015 ordinary shares, via Quantum Invest BV.
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares in the group.
Ezz owns 60.7 percent of Ezz Steel, which translates to 329,816,198 shares in the steel behemoth.
Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a beneficial stake of 68.1 percent in the company, equivalent to a total of 1,478,358,330 ordinary shares.
This downturn — which translates to an average daily loss of $8.16 million since the start of the year — is linked to the slump in the market value of his industrial assets in Europe and Africa.
The Khamis family, one of Egypt’s wealthiest families, presently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
Presently, the Ghabbour family holds a 62.9-percent stake in GB Corp, solidifying their status as prominent investors on the Egyptian Exchange.