Nassef Sawiris; Egypt’s richest businessman



Wed, 07 Mar 2018 - 09:54 GMT


Wed, 07 Mar 2018 - 09:54 GMT

FILE - Egyptian businessman Nassef Sawiris

FILE - Egyptian businessman Nassef Sawiris

CAIRO – 7 March 2018: Egyptian businessman Nassef Sawiris ranked first in Egypt’s billionaires list in 2018 with an estimated wealth of about $6.6 billion (LE 116.16 billion), with an increase of $1 billion, compared to his wealth in 2017, according to Forbes Magazine.

Nassef Sawiris' wealth according to Forbes Magazine

While Naguib Sawiris came second in Egypt’s billionaires list, with $4 billion less than his brother.

According to Forbes’ World Billionaire List, Nassif Sawiris’ wealth is double Trump’s wealth which is estimated at $3.1 billion.

Trump's wealth according to Forbes Magazine

Former Transport Minister Mohamed Lotfy Mansour came third in the Egyptian list by $2.7 billion, followed by businessman Yassin Mansour whose wealth is estimated at $1.9 billion.

The wealth of businessman Mohamed al-Fayed who lives in Britain is estimated at $1.6 billion, followed by Youssef Mansour with $1.4 billion.

The owner of Amazon Jeff Bezos is the world's richest person in 2018 with a fortune of $112 billion, according to Forbes magazine's latest publication.

Forbes monitors wealth by enumerating the total assets owned by businessmen or investors through direct ownership in companies traded on global financial markets.

Forbes launched a service for instant tracking of the world's richest person, in addition to its annual list that is published in the first week of March each year.

Egypt's Billionaire List according to Forbes Magazine



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