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Naguib Sawiris overtakes Nassef as Egypt’s richest man

Key PointsNaguib Sawiris’ wealth climbs to $9.13 billion, overtaking brother Nassef at $9.03 billion, according to Bloomberg estimates.Naguib’s fortune surged $2.25 billion in 2025, boosted by gold investments through La Mancha Resources, Endeavour Mining, and Evolution Mining.Nassef Sawiris saw modest $340 million gains this year, supported by OCI Methanol’s $1.6 billion sale to Methanex Corporation.At the beginning of 2025, billionaire industr…
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Billionaires.Africa broke the news in on Friday, August 22, 2025.
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