Naguib Sawiris
Naguib Onsi Sawiris is an Egyptian billionaire businessman. Sawiris is chairman of Weather Investments’s parent company, and chairman of Orascom Telecom Media and Technology Holding S.A.E.
- Naguib Sawiris is a scion of Egypt’s wealthiest family. His brother Nassef is also a billionaire.
- He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction.
- He’s chairman of Orascom Telecom Media & Technology–renamed Orascom Investment Holding to reflect investments in other sectors.
- Family holding La Mancha has stakes in Evolution Mining, Endeavour Mining and Golden Star Resources, which operate gold mines in Africa and Australia.
- In 2017, he shifted ownership of La Mancha to his mother, Yousriya Loza-Sawiris, for estate planning purposes.
