The economic downturn caused by the novel coronavirus (COVID-19) pandemic declined the wealth of Arab billionaire by $11.4 billion.
Nassef Sawiris is worth US 6.76 billion (115.78 billion), while was able to score spot number 230 all over the world, and Naguib Sawiris, with a US 5 billion (LE 87.72 billion) fortune, ranked 334.
Aston Villa will receive a "significant investment" from NSWE, a company jointly owned by billionaires Nassef Sawiris and Wes Edens, the English Championship club announced on Friday.
A wrap-up of the most prominent business news of the day.
According to Forbes’ World Billionaire List, Nassif Sawiris’ wealth doubled Trump’s wealth which is estimated at $3.1 billion.