Abdul Samad Rabiu becomes Africa’s fourth-richest man, ousting Egypt’s Nassef Sawiris
Rabiu is Nigeria’s second-richest man.
Nassef Sawiris
Sawiris family, Egypt’s richest, suffers $800 million net worth loss in 2022
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
Egypt’s richest man Nassef Sawiris purchases luxurious Beverly Hills mansion for $24 million
The Beverly Hills mansion is just one of Sawiris’ luxurious properties.
Three African billionaires defy global economic challenges with increase in net worth
Three African billionaires managed to buck the trend.
Five dividend-paying shares owned by African billionaires you can buy
Investing in dividend-paying stocks can be a great way to generate passive income.
Egyptian billionaire Nassef Sawiris’ OCI to pay shareholders $730 million in 2023
Sawiris owns a 38.8-percent stake in OCI N.V.
Egypt’s richest man Nassef Sawiris gains $580 million as net worth surpasses $7.2 billion
The Egyptian billionaire derives most of his wealth from his investments in OCI N.V. and Adidas.
Egyptian billionaire Nassef Sawiris gains $360 million in 22 days
Sawiris derives the majority of his fortune from his 38.8-percent stake in OCI N.V. and his six percent stake in Adidas.
Egyptian billionaire Nassef Sawiris-linked Orascom begins construction of 500-MW wind farm
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Egyptian billionaire Nassef Sawiris-linked Fertiglobe posts $1.07 billion in profit in 9M 2022
Fertiglobe is a 58-42 percent joint venture between OCI N.V. and ADNOC.
Egyptian billionaire Nassef Sawiris loses $110 million in single day as Adidas cuts ties with Ye
Sawiris is Egypt’s richest man and one of Africa’s wealthiest billionaires.
Egyptian billionaire Nassef Sawiris gains $370 million as net worth rebounds above $6.5 billion
The majority of Sawiris’ fortune stems from his 38.8-percent stake in OCI N.V. and his six-percent stake in Adidas.
Led by Egypt’s richest family, Orascom adds $670 million in new projects in Q3 2022
Through OS Private Trust Company, the billionaire Sawiris family owns 51.8 percent of the Egypt-based contractor.
Egypt’s richest man Nassef Sawiris loses $620 million in September amid stock market sell-off
Despite a multimillion-dollar drop in his net worth, Sawiris remains Egypt’s wealthiest man.
Led by Egypt’s richest family, Orascom Construction to build strategic warehouse in Egypt
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Egyptian billionaire Nassef Sawiris’ OCI N.V. to build ammonia plant in Texas
OCI N.V. stated that the project is well under way.