Egyptian billionaire families Sawiris, Mansour top Forbes list of wealthiest families in Arab world
The two families rank first and third, respectively.
The two families rank first and third, respectively.
The Algerian billionaire stepped down as CEO of Cevital in 2022.
El Sewedy Electric is a multinational cable and electrical equipment manufacturer.
The Beverly Hills mansion is just one of Sawiris’ luxurious properties.
The Talaat Moustafa family’s stake in TMG Holdings is now worth $364.4 million.
Strive Masiyiwa experienced the steepest loss at $1.5 billion.
Three African billionaires managed to buck the trend.
The brand will operate as a subsidiary of Death Row Records.
Ezz owns 60.7 percent of Ezz Steel.
Ahmed Sabbah is an Egyptian serial entrepreneur and co-founder of Swvl Holdings Corp.
Bank of Africa is a pan-African multinational banking conglomerate.
The Khamis family owns a controlling interest of 56.58 percent in Oriental Weavers.
The Ghabbour family is well-known in the Egyptian business community.
Sawiris is one of the richest billionaires in Africa and the second-richest man in Egypt.
Sawiris owns a 38.8-percent stake in OCI N.V.
Suplyd was founded to address the challenges faced by HORECA industry in MENA.