Nassef Sawiris

1. Nassef Sawiris

Net Worth 2023: $7.4B
Change since 2022: -$300M
Citizenship: Egypt
Residence: Egypt
Global Rank: 305

Nassef Sawiris is an investor and a scion of Egypt's wealthiest family. His most valuable asset is a nearly 6% stake in sportswear maker Adidas. In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of the NBA Knicks and the NHL Rangers teams. He runs OCI, one of the world's largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. Orascom Construction, an engineering and building firm, trades on the Egyptian Exchange and Nasdaq Dubai. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa Football Club.