Nassef Onsi Sawiris

Jobs
Businessman , investor
Date of birth
Jan 19, 1961
Nationality
Egyptian
Place of birth
Egypt , Aswan
Constellation
Capricorn

What you do not know

Here at Arageek, we explore the life of Nassef Sawiris, born on January 19, 1961, in Aswan, Egypt. He is the youngest son of Onsi Sawiris, the founder of the Orascom conglomerate. Nassef earned his bachelor’s degree in economics from the University of Chicago in 1982. Over the years, he has become a prominent figure in the global business arena, with interests spanning construction, manufacturing, and sports.

Biography

Sawiris is an Egyptian billionaire businessman, known for his leadership in Orascom Construction Industries and significant investments in companies like Adidas and Aston Villa Football Club.

Early Life

Nassef received his early education at the Deutsche Evangelische Oberschule Kairo. After completing his studies in economics at the University of Chicago, he joined the family business in 1982. By 1998, he became the CEO of Orascom Construction Industries, leading its growth into a global player in the construction and fertilizer industries.

The Personal Life

Nassef is married to Sherine Sawiris, and together they have four children. The family primarily resides in Cairo but also maintains a residence in New York City. He is known to be a Coptic Christian.

Quick Facts

Net Worth: As of October 2021, his net worth was estimated at $8.7 billion, making him the richest Egyptian.
Adidas Investment: In 2015, Nassef acquired a 6% stake in Adidas through his investment company, NNS Holding Sàrl Luxembourg.
Aston Villa Ownership: He co-owns the Premier League’s Aston Villa Football Club with business partner Wes Edens.

Achievements

Orascom Construction Industries: Under his leadership, the company expanded its operations globally, becoming a significant player in the construction and fertilizer sectors.
Adidas Supervisory Board: Following his investment, Nassef was appointed as a supervisory director of Adidas AG in 2016.
Sports Investments: Beyond Aston Villa, he has shown interest in various sports ventures, reflecting his diverse investment portfolio.

Other

Nassef serves on the Board of Trustees for the University of Chicago and is a member of the Global Board of Advisors for the Council on Foreign Relations. His involvement in these institutions underscores his commitment to education and global affairs.