Egyptian billionaire Yasseen Mansour loses $1.5 million from stake in real estate firm
Mansour owns a substantial 6.87-percent stake in Palm Hills Development, or 202,291,698 ordinary shares.
Mansour owns a substantial 6.87-percent stake in Palm Hills Development, or 202,291,698 ordinary shares.
Sabry, who launched the payment platform in 2008 and pioneered electronic bill payments in Egypt, controls 2.345 percent of Fawry.
Thabet, a leading Egyptian businessman who founded Juhayna over three decades ago, owns a majority 50.07-percent stake in the company.
Essayeh owns a 33.6-percent stake in Euro-Cycles, a Tunisian automotive company specializing in the production of customized bicycles and cycles exclusively for export.
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.
Sefrioui, one of Morocco’s wealthiest businessmen, owns a 64.1-percent stake in the Moroccan property developer.
Billionaires.Africa has identified and cataloged various companies and holdings linked to El-Sherbini.
This marks the first release of the Yeezy sneakers following the termination of Adidas’ collaboration with West in October 2022.
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.
El-Sherbini owns a significant 26.71-percent stake in the company, or 160,250,305 ordinary shares.
Adenuga maintains a majority stake of 74.4 percent, or 516,298,603 shares, in the oil marketing business.
Ben Ayed owns a beneficial 3.4-percent stake in the Tunis-based conglomerate, making him one of the richest investors on the Tunis Stock Exchange.
The decline in Raya Holding’s shares and the resulting impact on Khalil’s net worth underscores the challenges investors face amid the current economic climate.
Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake of 40.58 percent in Oriental Weavers.