Egyptian billionaire Ahmed Ezz gains $19 million
Ezz, a leading Egyptian industrialist, owns 60.7 percent of Ezz Steel, which translates to 329,816,198 shares in the steel behemoth.
Ezz, a leading Egyptian industrialist, owns 60.7 percent of Ezz Steel, which translates to 329,816,198 shares in the steel behemoth.
Al-Fayed, the one-time owner of the Harrods department store, passed away on the 30th of August at the age of 94.
Al-Fayed was a former owner of Harrods department store and father of Dodi Fayed, who perished alongside Princess Diana in a 1997 car crash.
Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries.
Founded by the late Egyptian auto tycoon Raouf Ghabbour in 1985, GB Corp has emerged as a leading automobile distributor and assembler in the Middle East and North Africa.
Sawiris remains not only the richest man in Egypt but also the most affluent individual in the Arab world.
Sawiris, who is the richest man in Egypt, owns a 38.8-percent stake in Dutch fertilizer producer, OCI N.V.
Egyptian businesswoman Yasmine Mohamed Khamis and her siblings own a controlling interest of 56.58 percent of the leading carpet manufacturer.
Ezz owns 60.7 percent of Ezz Steel, making him one of the richest investors on the Egyptian Exchange and one of Egypt’s wealthiest men.
Mansour owns a substantial 6.87-percent stake in Palm Hills Development, or 202,291,698 ordinary shares.
Thabet, a leading Egyptian businessman who founded Juhayna over three decades ago, owns a majority 50.07-percent stake in the company.
This year-to-date surge marks a positive turn for Sawiris, considering his had fallen below $5 billion in the latter part of last year.
Berzi, who founded Edita Food Industries in 1996, owns a significant 41.95-percent stake in the consumer goods conglomerate.
The Ghabbour family currently holds a significant 62.9-percent stake in the automaker.
Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
Al Fayed’s net worth has soared by $100 million, reaching $2.1 billion from $2 billion on April 10.