Egyptian businessman Nassef Onsi Sawiris has an estimated net worth of $5.7 billion as of 2015, according to Forbes. This increased to $7 billion as of October 2018. He is the CEO of Orascom Construction Industries and the youngest son of Onsi Sawiris, the patriarchal head of the Sawiris Family. Nassef Sawiris is the wealthiest man in Egypt. His father Onsi Sawiris and two brothers, Naguib and Samih are also billionaires.
Nassef was born in the year 1961. He completed his secondary education at the German International School of Cairo, Egypt. He earned his bachelor’s degree in economics at the University of Chicago in 1982.
Sawiris has been the CEO of Orascom Construction Industries since the company’s incorporation in 1998. He has been overseeing the construction activities of Orascom since 1990. In 2014 Sawiris partnered with Abu Dhabi’s International Petroleum Investment Co. to develop a coal-based power plant in Egypt.
Sawiris became a shareholder in Martin Marietta with around 7 percent stake, following its acquisition of Texas Instruments in 2014. He is a board member of Besix and NNS Holding. He is a director at Lafarge. He was on the board of the Cairo & Alexandria Stock Exchanges from 2004 to 2007.
Nassef Onsi Sawiris is married and has four children. He bought late Edgar Bronfman Sr.’s Fifth Avenue penthouse for $70 million in 2014, making him the owner of one of the most expensive co-ops in Manhattan.