Nassef Sawiris

2. Nassef Sawiris

Net Worth: $8.8 B
Age: 63
Residence: Egypt
Nationality: Egyptian
Industry: Construction & Engineering

Nassef Sawiris is an investor and a scion of Egypt's wealthiest family. 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 Cairo exchange and Nasdaq Dubai. His holdings include a nearly 6% stake in German sportswear giant Adidas. Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa Football Club.