Egypts 10 richest businessmen inside the 2025

Sadek Elsewedy, Ceo out of Elsewedy Opportunities and you may co-creator from Elsewedy Electronic, is one of the leading traders to your Egyptian Exchange. Their 25.18 % share inside Elsewedy Electric have increased inside the value from $378 million on the June 29, 2023, to $509.42 million. Which generous improve protects him a high status among the wealthiest people on the EGX.

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Past boardrooms and you may equilibrium sheets, all of these billionaires try creating Egypt’s social land. The brand new Sawiris Foundation money knowledge and you can infrastructure programs, while the Mansour family members invests within the entrepreneurship and you can monetary empowerment. The philanthropic work add some other level to their dictate, intertwining wealth which have social obligations. 3rd, Mohamed Mansour was included with a fortune projected around $dos.5 billion and remained constant, remain by several positions from the 1238th set global, when he is 1249th within the 2021.

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Nassef Sawiris’s companion is simply Sherine Sawiris, and you can together with her they have four pupils. Egypt is home to a happy-gambler.com see the site few of the wealthiest anyone inside the brand new Africa and also the Middle east. These billionaires have based the cash as a result of your own varied organizations and opportunities. With a net value of $1.3 billion, Yassen Mansour ‘s the 6th-richest personal within the Egypt. He’s the new vice chairman of your own Mansour Class plus the manager away from GB Automobile, an enthusiastic Egyptian vehicle manufacturer.

The guy functions as the fresh chairman from Orascom Development Holding, a good conglomerate that occurs tourist, home, and you will structure effort. Holding a good 9.19-per cent stake cherished during the $20.22 million, Mohamed Mahmoud is an additional member of the new preferred Mahmoud loved ones with extreme holdings inside MM Class. Hani Mahmoud, chairman and President from MM Category, will bring more than thirty years away from commercial and you will development systems. Khaled Mahmoud, chairman from MM Category To possess Community And you will Around the world Trading, leads inside the regional consumer electronics shipment and you may retail within the Egypt.

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When you are its companies create perform and you will focus international investment, its wide range along with cause discussions on the inequality as well as the dependence on much more inclusive gains. Ahmed Elsewedy, popular entrepreneur, provided the fresh establishment of your earliest private wire facility in the Egypt within the 1986, converting Arab Wiring Co. to the a major international seller out of included opportunity alternatives. Their 25.16 percent share inside Elsewedy Digital, a life threatening athlete in between Eastern and you will Northern Africa’s electrical gadgets design business, has grown of $362.7 million for the Summer 31, 2023, in order to $509.02 million.

• The guy serves as the newest president from El Sewedy Digital, a great conglomerate you to makes electronic wiring and you may switchgear.
• Yet not, his worldwide ranking decrease of 787th in order to 991st as the their internet worth as well as decreased out of $step 3.6 billion so you can $step three.step three billion.
• Ahmed Elsewedy, a well known business person, contributed the fresh organization of your basic private wire facility inside the Egypt within the 1986, changing Arab Wires Co. on the a primary international supplier away from integrated times options.
• The woman strategic information and you may globe possibilities has rather led to the fresh company’s worldwide development as the joining in the 2021.
• So it stake, currently cherished from the $351.94 million, reinforces their high exposure in your community’s organization land.

Hand Mountains, a subsidiary of Mansour Classification, handles an excellent 33-million-square-meter land-bank which have 38 biggest ideas round the Egypt. Below his management, the firm provides reshaped urban and you can lodge groups, so it’s one of the country’s extremely influential builders. Youssef Mansour, co-proprietor of one’s Mansour Category, leads the user items division, managing Metro supermarkets and you will Egypt’s exclusive L’Oréal shipping. The brand new conglomerate is additionally the only real provider from General Vehicles automobile and you can Caterpillar products inside the several regions. Which have an internet property value $step 1.step three billion based on Forbes, Mansour, which holds an engineering knowledge and a keen MBA, provides starred a vital role inside the strengthening Egypt’s automobile and you will shopping marketplaces. Alongside his brothers Mohamed and Yasseen, he’s assisted concrete Mansour Category since the a prominent push in the African business.

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On the 3rd year in a row, Lebanon and you will Egypt have the higher quantity of billionaires from the region, having half a dozen and you may five. That it secret listing boasts Arab rulers with the exception of Lebanese PM Mikati and you can ex-Lebanese PM Saad El-Hariri whom currently are from dirty rich families which have multi-billion company empires.

In the global billionaires ranks, Youssef Mansour dropped from,905th so you can dos,287th place as the his web really worth decreased out of $step one.5 billion to help you $1.step three billion inside the 2024. Based on Forbes, the brand new last richest Egyptian billionaire is Youssef Mansour, the brand new oldest cousin from Mohamed Mansour. Within the 2024, the guy decrease regarding the 14th for the 27th wealthiest Arab and you may from the 13th to sixteenth put in the new 2024 African millionaire list. A small grouping of Indian tycoons staying in the fresh UAE in addition to entered, in addition to Renuka Jagtiani, the first businesswoman to make the list. Nassef Onsi Sawiris try a millionaire business person and the youngest of Onsi Sawiris’ around three sons. At the time of Summer 2025, his online value is actually estimated as $9.six billion, to make him the new richest boy inside the Egypt and also the fourth richest kid inside Africa, considering Forbes.