His fortune is derived from a 38.8-percent stake in Netherlands-based OCI N.V. and a six-percent stake in German sportswear behemoth Adidas.
Sawiris' stakes in Adidas and OCI N.V. are now worth $2.11 billion and $2.26 billion, respectively.
Sawiris' net worth reached $7.45 billion at the end of the month.
Sawiris owns 28.97 percent of Orascom Construction.
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
The billion-dollar bump in his net worth is due to the company's year-to-date gains.
The billionaire's net worth has risen by $738 million since the start of the year.
The loss is directly linked to the performance of the German sportswear behemoth Adidas.
Egypt's seven billionaires account for $17.83 billion of Egypt's $307 billion in private wealth.
