Onsi Sawiris

About Onsi Sawiris

Birth Place: Cairo, Egypt, Egypt

Onsi Sawiris Net Worth

Onsi Sawiris was born in Cairo, Egypt, Egypt. Onsi Sawiris is the patriarch of Egypt's wealthiest family. His sons Nassef and Naguib are also billionaires. He founded Orascom Construction in 1950. Gamal Abdel Nasser nationalized it 10 years later. Onsi rebuilt Orascom from scratch and transferred control to his son Nassef in 1995. He also owned shares in Orascom Telecom, which Naguib ran before selling it to VimpelCom in 2011.
Onsi Sawiris is a member of Construction & Engineering

💰 Net worth: $1.15 Billion (Updated at 22 June 2018)

2009 $1.7 Billion
2010 $3.1 Billion
2011 $2.9 Billion
2012 $2.9 Billion
2013 $2 Billion
2014 $2.4 Billion
2015 $1.8 Billion
2017 $1.2 Billion
2018 $1.04 Billion

Biography/Timeline

1960

In his early Business career, he was disenchanted with the socialist government of Egyptian President Gamal Abdel Nasser. He was prevented from leaving the country for six years in the 1960s. After a spell in Libya, he returned to Egypt during the more business-friendly regime of the following Egyptian President, Anwar Sadat. He and his three sons, all educated in Europe and the United States, resumed their activities in Egypt over the past three decades under the government of Hosni Mubarak and its liberal Business policies.