|Birth Day:||June 15, 1954|
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With the net worth of $2.9 Billion, Naguib Sawiris is the # 570 richest person on earth all the time follow our database.
As of September 2019, he was rated by Forbes as the seventh richest African with a net worth of $2.9 billion.
He founded WIND Telecom in 2005 and in the same year, became a member of the New York Stock Exchange's international advisory committee.
Since joining Orascom, the family business in 1979, Sawiris has contributed to the growth and diversification of the company into what it is today one of Egypt's largest and most diversified conglomerates and the country's largest private sector employer. Sawiris built the railway, information technology, and telecommunications sectors of Orascom. Management decided to split Orascom into separate operating companies in the late 90s: Orascom Telecom Holding (OTH), Orascom Construction Industries (OCI), Orascom Hotels & Development and Orascom Technology Systems (OTS).
As the founder of OTH, Sawiris has led the growth of the company, culminating in the merger deal between Wind Telecom, the parent company of Orascom Telecom Holding and VimpelCom Ltd. in April 2011. At the time, the merger created the world's sixth largest mobile telecommunications provider by number of subscribers with operations in 20 countries serving 181 million customers. As part of the merger deal, Sawiris spun off Orascom Telecom’s non-gsm operations and Egyptian-based telecom assets into Orascom Telecom Media and Technology Holding of which he is chairman.
Sawiris led the acquisition of La Mancha Resources Inc through a tender offer launched by Weather Investments II. La Mancha Resources Inc. is an international gold producer based in Canada with operations, development projects and exploration activities in Africa, Australia and Argentina. In August 2012, Sawiris was appointed chairman.
In September 2015, he offered to buy an island off Greece or Italy to help hundreds of thousands of refugees fleeing the Syrian conflict. However, he conceded the plan could face challenges in terms of jurisdictions and customs regulation.
In 2015 Sawiris was listed in Forbes magazine as the 577th richest person in the world, with a personal wealth of $3.1 billion.
In 2019, Sawiris praised U.S. President Donald Trump's administration for standing up to China on predatory actions in trade and backed the U.S. in its security concerns about Chinese tech giant Huawei.
Naguib's father Onsi Sawiris established the Orascom telecommunications firm.
Currently, Naguib Sawiris is 66 years, 11 months and 28 days old. Naguib Sawiris will celebrate 67th birthday on a Tuesday 15th of June 2021. Below we countdown to Naguib Sawiris upcoming birthday.