Samih Sawiris
Service

Samih Sawiris Net Worth

1 year from now

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.

Tags 1957 births Living people Coptic billionaires Coptic businesspeople Egyptian businesspeople Coptic Christians Copts Egyptian people of Coptic descent Coptic Orthodox Christians from Egypt Egyptian billionaires Coptic Christians from Montenegro Egyptian emigrants to Montenegro Sawiris family

You may also like

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.