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Egyptian billionaires
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Egyptian billionaire Yasseen Mansour’s Palm Hills to reward shareholders with $16.7-million dividend
Hot News
Omokolade Ajayi
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April 5, 2022
Mansour will receive a total payout of $835,000 from the dividend distribution.
Egypt’s Ghabbour family set to receive $13.1 million in dividends from GB Auto in 2022
Hot News
Omokolade Ajayi
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March 29, 2022
The wealthy Ghabbour family holds a majority 62.9-percent stake in Ghabbour Auto.
Led by Egypt’s richest family, Orascom Construction reports profits of $125.3 million in 2021
Hot News
Omokolade Ajayi
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March 23, 2022
The billionaire Sawiris family controls 51.8 percent of the Egypt-based contractor through OS Private Trust Company.
Egyptian investor Hisham Talaat Moustafa loses $12.4 million as Egyptian pound slumps
Hot News
Mfonobong Nsehe
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March 22, 2022
Moustafa failed to realize dollarized profits from his position.
Controversial Egyptian tycoon Ahmed Ezz to acquire stake in Egyptian Steel for $159.2 million
Hot News
Mfonobong Nsehe
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December 13, 2021
Ezz Steel has an annual steel production of 7 million tonnes.
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Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion
Omokolade Ajayi
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May 31, 2023
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America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth
Hot News
May 31, 2023
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Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth
Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars
Hot News
May 30, 2023
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This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.
Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million
Hot News
May 30, 2023
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Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.
Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan
Hot News
May 30, 2023
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The announcement came during a meeting between Egypt's second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.
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