Samih Sawiris Net Worth 2024

Samih Sawiris Net Worth

Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris and the head of Orascom Development, which builds and operates resorts in Egypt, Montenegro, and Switzerland. The company's earnings were affected by the political uprising in 2011, but have since recovered due to cost cutting, a spin-out of its construction business in Egypt, and the sale of assets. In January 2015, the company sold 15% of its subsidiary, Orascom Hotels & Development, on the Egyptian stock exchange. Sawiris also owns nearly 10% of construction giant OCI N.V., which was founded by his father, Onsi, and is now run by his brother Nassef. Onsi, Nassef and brother Naguib are all billionaires.
Samih Sawiris is a member of Service

Age, Biography and Wiki

Birth Year	1956
Birth Place	Egypt
Age	67 YEARS OLD
Citizenship	Egypt Montenegro
Residence	Lucerne,Switzerland
Education	Technical University of Berlin

💰 Net worth: $850 Million (2024)

Samih Sawiris, the prominent Egyptian entrepreneur, is projected to have a net worth of approximately $850 million by the year 2024. Sawiris is widely recognized for his contributions and achievements in various industries, particularly in the service sector. With his astute business acumen, he has built a reputation as a visionary leader and has immensely contributed to Egypt's economy. Sawiris' entrepreneurial endeavors have spanned across hospitality, real estate, and tourism, making him one of the most influential figures in the country's service industry. His impressive net worth is a testament to his success and entrepreneurial expertise.

2010 $1.5 Billion

2011 $1.4 Billion

2014 $1.3 Billion

2015 $1.05 Billion

2018 $1.05 Billion

Biography/Timeline

1980

Samih Sawiris received his Engineering Diploma in Engineering management from the Technical University of Berlin in 1980. He founded National Marine Boat Factory, followed by Orascom Projects for Touristic Development in 1996 and Orascom Hotels and Development in 1998; the latter two companies later merged to form Orascom Development Holding AG. He has served as CEO and chairman of Orascom Development Holding AG since its incorporation.

2011

In 2011 he took a 12.5% stake in Swiss football club FC Luzern.

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Samih Sawiris Net Worth

Age, Biography and Wiki

💰 Net worth: $850 Million (2024)

Biography/Timeline

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