By taking over the majority, Sawiris also brings in new capital. He started out in agriculture, before switching to construction and becoming one of the country's largest contractors. Osni Sawiris is now effectively retired, and has each of his three sons running arms of the family empire. But his early business career was frustrated by the socialist government of Gamal Abdel Nasser, which prevented him from leaving the country for six years in the 1960s. He is affiliated with medical facilities Adventist Health Glendale and Usc Verdugo Hills Hospital. The fortune of each is $1.1 billion and $2.9 billion, respectively. [5], Learn how and when to remove this template message, The World's Billionaires: #396 Samih Sawiris, "Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany", "Sensation: Samih Sawiris übernimmt 74,9 Prozent der RT/Raiffeisen Touristik Group", https://en.wikipedia.org/w/index.php?title=Samih_Sawiris&oldid=1000600114, BLP articles lacking sources from September 2015, Articles containing Montenegrin-language text, Articles with unsourced statements from September 2015, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 January 2021, at 20:43. Recently, television in Egypt has enjoyed more freedom and, though it's not enough, it's better than nothing.". Following the confirmation of the German Federal Cartel Office, the investor holds 75.1 percent of the parent company FTI Finanzholding GmbH. But is it possible that she is owned by one of the other Sawiris family members. The Sawiris family is the richest family in Egypt, including Naguib Sawiris, Nassef Sawiris, Onsi Sawiris and Samih Sawiris. Onsi currently sits on the boards of Drop Technologies, ItaliaOnline, Riverbank, OPTii Solutions, Mach Music, and is a Board Observer at Orascom TMT Investments. Sawiris, who is now 57 and a Coptic Christian, with a wife and 5 children, belongs to one of the most powerful Arabian families, and according to Forbes’s Middle East list, the patrimonyof the Egyptian Sawiris family is worth around $13.2bn. Education & Scholarships. Alongside OCI which has cement and fertilizer plants and an international construction business, a third brother, Samih Sawiris, runs Orascom … It would be easy to throw a dismissive barrage of polyester clichés her way, but to do so would be to miss the point. Sawiris Cultural Award Announces its Shortlist for the 16th Edition. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. • To contact the MediaGuardian news desk email editor@mediatheguardian.com or phone 020 3353 3857. The Sawiris brothers were not the only Egyptian family included; Egyptian billionaire Mohamed Mansour came in the 10th place among the wealthiest Arabs, and the third Egyptian, with a … OCI N.V. began as a construction company founded in the 1950s by Samih’s father, Osni Sawiris, according to the company’s website. After a spell in Libya, he returned to Egypt during the more business-friendly regime of the next Egyptian president, Anwar Sadat. It's the visionary brainchild of Samih Sawiris, a mogul whose family has been described as Egypt's Rockefellers. Samih Sawiris is founder and chairman of Orascom Development Holding AG, which builds and operates resorts in Egypt, Montenegro and Switzerland. Like his father and brothers, Naguib is undoubtedly a rich man: his wealth was estimated at $3bn, putting him just outside Forbes magazine's list of the world's top 200 billionaires in November. Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, said he and his brothers will be “investing … In 2015, Nassif split Orascom Construction and Industry into two entities: OCI and Orascom Construction. The aim is to attract the public's attention onto itself and to make people reflect on who they are. Onsi Sawiris (born in 1930), now retired, is the patriarch of the family. steht der Sinn nach ganz Grossem. The resort was only a … Shareholding Disclosure Date: 22 March 2015 Name: Nassef Sawiris, Onsi Sawiris and Samih Sawiris (the “Sawiris Family”) and entities held for the benefit of the Sawiris Family members Share name: Orascom Construction Limited - AEDFXA14NUL7 Following the demerger of OCI N.V. and the completion of the Egyptian Offer, the Sawiris Family and entities held Samih Sawiris has been active abroad too. When Onsi Sawiris first founded a construction company. The Sawiris family is the wealthiest in Egypt, running a conglomerate with global interests that stretch from mobile phones in North Korea a new hotel resort in Switzerland. Samih Sawiris’ OHD turns to profitability in H1 of 2015 OHD recorded net profits worth EGP 154.7m in H1 of 2015, up from losses of EGP 34.35m in H1 of 2014 Menna Samir Following the confirmation of the German Federal Cartel Office, the investor holds 75.1 percent of the parent company FTI Finanzholding GmbH. Sawiris Cultural Award Announces its Shortlist for the 16th Edition. Sawiris hails from a prominent family which controls the sprawling Orascom corporate empire. Samih Sawiris took a helicopter ride over the sleepy Swiss ski village of . Samih Sawiris already took over a 33.66% share of FTI in 2014. Nassef Sawiris, 58, belongs to a family of billionaires as he is the son of Onsi Sawiris and brother of Naguib Sawiris. Set up with an endowment from the Sawiris family – which is made up of prominent members of the business world and the development community - it is one of the first family donor foundations dedicated to social development to be established in Egypt. [citation needed], Samih Sawiris received his Engineering Diploma in Engineering management from the Technical University of Berlin in 1980. But global expansion can be difficult: after Algeria defeated Egypt in a World Cup playoff in November, sparking violence in both countries, rioters in Algeria attacked Orascom's offices at a time when the Algerian government had slapped the company with a huge tax bill. Samih Sawiris is another wealthy business mogul belonging to the Sawiris family. He graduated from Fac Med Assyut U medical school in 1977. Onsi Sawiris (born in 1930), now retired, is the patriarch of the family. The Sawiris family's wealth has made them a visible symbol of the huge gulf between Egypt's rich elite and its impoverished millions. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. The journey of Onsi Sawiris and his three sons, Naguib, Samih, and Nassef, started in the 1950s when Onsi started operating in the construction and industry sectors. Billion EGP. The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic Christian family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. Naguib Sawiris’s wife. For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Developme. Nassef Sawiris, 58, belongs to a family of billionaires as he is the son of Onsi Sawiris and brother of Naguib Sawiris. Majority share holders were, so far, Dietmar Gunz and Roula Jouny. And he owns the Yalla Horse Stables. Samih Sawiris clearly stands out, not only for his outstanding accomplishments in business, but most importantly for his charming, down to earth persona and his joie de vivre; not to mention his philanthropic contributions with his family through the Sawiris Foundation. In 2008, Forbes estimated the family's net worth at $36 billion. Wealthy Egyptian family linked to Alexander Lebedev's bid for the Independent has strong political and business connections, Egyptian billionaire poised to join Lebedev in Independent deal, where it became the secretive communist state's first mobile phone operator, rioters in Algeria attacked Orascom's offices. Born in 1961, he is the youngest of Onsi Sawiris‘ three sons. And Naguib sold the company's mobile business in Iraq over concerns about the need for fresh investment amid the country's instability, while he has also spoken of the difficulties of doing business in China and India. Sawiris hails from a prominent family which controls the sprawling Orascom corporate empire. He is the executive Chairman of the Board of Directors and CEO of Orascom Development Holding AG. [3], In December 2019, he acquired Thomas Cook Germany through his Raiffeisen Touristik (RT) Group,[4] which he already bought 74.9% of its shares in 2014. Billion EGP. • If you are writing a comment for publication, please mark clearly "for publication". Munich, 16 April 2020 – Securing the future for the FTI GROUP: Samih Sawiris and the FTI GROUP confirm the transfer of the majority share in the travel group to the Egyptian entrepreneur. Samih Onsi Sawiris (Arabic: سميح أنسي ساويرس ‎; born in 1957) is an Egyptian-Montenegrin businessman and billionaire and second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris.He is the executive Chairman of the Board of Directors and CEO of Orascom Development Holding AG. He founded Orascom Construction in 1950. The Sawiris Foundation was founded in April 2001 as a grant-making foundation. 1.3. Berlin-educated Samih – Alexander Lebedev's possible partner interested in buying the Independent – is chairman and chief executive of Orascom Development. Sawiris is head of the Hotels and Development division of his family's Orascom Group. the Coptic Sawiris family on the other hand simultaneously took advantage from democracy in the west while … "We want to report on the good and bad qualities of Egyptian society but without being neither vulgar nor superficial [sic]. The Sawiris family is most widely known for being Egypt’s richest family and for owning the Orascom Group, originally founded by the family’s patriarch, Onsi Sawiris, in 1950. The family has newspaper and television interests in Egypt with Naguib Sawiris, who heads the family's telecoms interests, owning a stake in Egypt's popular daily al-Masry al-Youm. Andermatt, 14 years ago, he was struck by its remote wildness. Munich, 16 April 2020 – Securing the future for the FTI GROUP: Samih Sawiris and the FTI GROUP confirm the transfer of the majority share in the travel group to the Egyptian entrepreneur. Dr. Samir Sawiris, MD is a Internal Medicine Specialist in Glendale, CA and has over 44 years of experience in the medical field. He was estimated to be worth approximately $1.2 billion according to Forbes in 2017. Nassef Sawiris Egyptian billionaire businessman, the youngest of Onsi Sawiris' three sons (his brothers are Naguib and Samih). In 2008, Forbes estimated the family's net worth at $36 billion. Sawiris built the railway, information technology, and telecommunications sectors of Orascom. Sawiris Family Yachts Several sources link the yacht to Naguib Sawiris. Onis Sawiris with Sons Samih, Naguib and Nasef. In partnership with El Gouna Film Festival 2020, and under the slogan of "Cinema for Humanity," Sawiris Foundation and the UN Refugee Agency in Egypt, UNHCR, are organizing today a panel discussion and a high-level networking event to celebrate their 2020 collaboration and confirm their 2021-2022 commitment to support marginalized refugee children in Egypt. Samih also owns shares of about 10 percent in OCI N.V., a producer and distributor of nitrogen products and methanol headquartered in the Netherlands. Sawiris, who is now 57 and a Coptic Christian, with a wife and 5 children, belongs to one of the most powerful Arabian families, and according to Forbes’s Middle East list, the patrimony of the Egyptian Sawiris family is worth around $13.2bn. Nassef, a graduate of Chicago University, is chief executive of Orascom Construction Industries. The Sawiris family is the richest family in Egypt. Naguib is said to be the intellectual guru of the family, with strong connections in the Cairo political elite and liberal sympathies. The family has newspaper and television interests in Egypt with Naguib Sawiris, who heads the family's telecoms interests, owning a stake in Egypt's popular daily al-Masry al-Youm. Sawiris with children in Burkina Faso. He heads Orascom Development, which builds and operates resorts in Egypt, Montenegro, and Switzerland. Partnerships. 1.3. Nassef Sawiris Sawiris, the youngest of Onsi Sawiris sons ― Naguib and Samih ― moved up from the fourth spot in 2019 to the second spot in … Sawiris Family Office building up its positions in the travel industry. He is a founder and board member of the Sawiris Foundation for Social Development (SFSD), which was established in 2001 by the family to help create sustainable job opportunities and empower Egypt’s citizens. He is said to be close to Mubarak's son and heir apparent, Gamal, who has advanced some of the country's neoliberal economic reforms. Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris. Samih Sawiris Chairman. Mr. Samih Sawiris was born in Cairo in 1957. He has also entered the European mobile market, with his Weather Investments vehicle, buying mobile operators in Italy and Greece. Mr. Onsi Sawiris Advisor to the Board In 1976, Mr. Onsi Sawiris founded Orascom, a leading private sector contractor working in partnership with international companies. Sawiris Initiative against COVID19. "I'm a very strong believer and this has been always the source of my strength, not the money.". Sawiris Cultural Award. Social Empowerment. [citation needed], He became a Montenegrin citizen in 2011. Onsi Sawiris, the family patriarch, got it all started in the 1950s. The postponement of the ceremonial event of Sawiris Cultural Award 2020. Nassef Sawiris is worth US 6.76 billion (115.78 billion), while was able to score spot number 230 all over the world, and Naguib Sawiris, with a … Samih Sawiris clearly stands out, not only for his outstanding accomplishments in business, but most importantly for his charming, down to earth persona and his joie de vivre; not to mention his philanthropic contributions with his family through the Sawiris Foundation. His other brother, Samih Sawiris, is worth $850 million. Responsible for holiday resorts in the Middle East such as El Couna and Taba Heights, he has turned his attention to an eye-catching development in Switzerland, where he is planning to turn a disused barracks at Andermatt into a resort with an artificial beach and a golf course. His sons Nassef and Naguib are also billionaires. His family set up the Sawiris Foundation for Social Development in April 2001 “It’s a shame that [DIFF] was [discontinued] because it was a big success when it started and we really need this in our area because cinema is a liberator. He is accepting new patients and has indicated that he accepts telehealth appointments. Onsi Sawiris, the family patriarch, got it all started in the 1950s. But Sawiris says the Arab world needs “a liberator” like cinema. Samih Sawiris of Orascom, the company behind Luštica Bay, reveals the philosophy that underlies his work, tells us the story of the development, and shares his vision of its future. Investments. He is an investor in the newspaper al-Masry al-Youm, which was launched in 2004 and has earned a strong reputation for pioneering an independent editorial agenda. One of the Sawiris brothers is also an investor in a highly influential Egyptian newspaper and the owner of TV interests. Samih Sawiris took a helicopter ride over the sleepy Swiss ski village of . With Osni Sawiris now effectively retired, his three sons – all educated in western universities – each run different arms of the family empire, Orascom. Education & Scholarships. Andermatt, 14 years ago, he was struck by its remote wildness. Sawiris Initiative against COVID19. When Onsi Sawiris first founded a construction company. ... Carolina Müller-Möhl is a Swiss investor, philanthropist and founder of the Müller-Möhl Group, a single-family office which actively manages the family's investments over which she has presided since 2000. Economic Empowerment. Estimated to be $7.5 billion, and the fourth richest African in … The Sawiris family have continued to prosper over the past three decades under Hosni Mubarak's government. Alongside his brother (Nassef Sawiris) and his father (Onsi Sawiris), he is considered one of the richest men in Egypt. Eldest son Naguib, who was educated in Zurich, is executive chairman of Orascom Telecom and a media owner in Egypt. The Sawiris family is a Egyptian Coptic family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. He is a founder and board member of the Sawiris Foundation for Social Development (SFSD), which was established in 2001 by the family to help create sustainable job opportunities and empower Egypt’s citizens. He has served as CEO and chairman of Orascom Development Holding AG since its incorporation. Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers will be "investing in Egypt like never before" after the ousting of a president he accused of bullying opponents to his rule. Samih Sawiris Chairman. Onsi Sawiris, the family patriarch, got it all started in the 1950s. His other brother, Samih Sawiris, is worth $850 million. They are drawn from Egypt's Coptic Christian minority, who form roughly 10% of the population, and Naguib has spoken of the importance of faith in his life. Various companies in the group are run by Onsi Sawiris' … The Sawiris family has been active in the construction industry since 1950. The Sawiris Foundation was founded in April 2001 as a grant-making foundation. ... Carolina Müller-Möhl is a Swiss investor, philanthropist and founder of the Müller-Möhl Group, a single-family office which actively manages the family's investments over which she has presided since 2000. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. Onsi Sawiris (also written Sawires, Coptic: ⲁⲛⲥⲓ ⲥⲉⲩⲏⲣⲟⲥ, Arabic: أنسي ساويرس ‎; born August 14, 1930) is an Egyptian businessman. Samih Sawiris; Net Worth: $1.1 Billion. Set up with an endowment from the Sawiris family – which is made up of prominent members of the business world and the development community - it is one of the first family donor foundations dedicated to social development to be established in Egypt. Richest Family in Egypt The Sawiris family is the richest family in Egypt. "What gives me strength and confidence is my belief in God," he told US interviewer Charlie Rose. Samih Sawiris is founder and chairman of Orascom Development Holding AG, which builds and operates resorts in Egypt, Montenegro and Switzerland. Projects. Mr. Samih Sawiris was born in Cairo in 1957. The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. Orascom. [2] As of 2011 his net worth was estimated at $1.4 billion, making him the 879th richest person in the world. Alongside his brother (Nassef Sawiris) and his father (Onsi Sawiris), he is considered one of the richest men in Egypt. Orascom Telecom runs Egypt's leading mobile network, Mobinil, and has expanded into Algeria, Tunisia, Pakistan, Bangladesh and even North Korea, where it became the secretive communist state's first mobile phone operator. – Osni Sawiris. … The fortune of each is $1.1 billion and $2.9 billion, respectively. eniGma’s Founder and Editor-in-Chief Yasmine Shihata, sat down with the enigmatic entrepreneur for a personal and candid conversation on … He is the patriarchal head of the Sawiris family.. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. The family patriarch, Onsi, was born in 1930, the son of a lawyer in southern Egypt. Nassef Sawiris is a scion of Egypt’s wealthiest Egyptian Coptic family. In 2008, Forbes estimated the family's net worth at $36 billion. [citation needed] He founded National Marine Boat Factory, followed by Orascom Projects for Touristic Development in 1996 and Orascom Hotels and Development in 1998; the latter two companies later merged to form Orascom Development Holding AG. Samih Onsi Naguib Sawiris is an Egyptian entrepreneur and businessperson who founded 6 companies, among them: Orascom Development Holding AG, Orascom Hotel Holdings and Orascom Development Egypt SAE and who has been the head of 7 different companies. Sawiris Cultural Award. For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Development. ... Samih Sawiris ($850m) is the tourism expert. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. He started out in agriculture, before switching to construction and becoming one of … He started out in agriculture, before switching to construction and becoming one of … Observers of the Egyptian political scene say he is an advocate of a progressive, liberal future for Egypt. He is the founder and Chairman of Orascom Development Holding - a Swiss incorporated company listed on the Swiss Stock Exchange (SIX). Samih Sawiris breezes into Left Bank café, Zamalek on a busy holiday afternoon in a casual sweater and pants, with the relaxed air of a man comfortable in his own skin. View the profiles of people named Samih Sawiris. Samih Sawiris is another wealthy business mogul belonging to the Sawiris family. Since joining Orascom, the family business in 1979, Sawiris has contributed to the growth and diversification of the company into what it is today one of Egypt's largest and most diversified conglomerates and the country's largest private sector employer. Samih Onsi Sawiris (Arabic: سميح أنسي ساويرس‎, Montenegrin: Samih Onsi Saviris / Самих Онси Савирис; born in 1957) is an Egyptian-Montenegrin businessman and billionaire [1] and second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris. Onsi Sawiris, the family patriarch, got it all started in the 1950s. Investments. Partnerships. Mr. Onsi Sawiris Advisor to the Board In 1976, Mr. Onsi Sawiris founded Orascom, a leading private sector contractor working in partnership with international companies. He manages OCI, one of the world's largest producers of nitrogen fertilizers and has farms in Texas and Iowa. 150. He also launched the satellite TV network OTV, which he describes on its website as a service "for young people, without religious or loud content". The Sawiris family has been active in the construction industry since 1950. Samih Sawiris; Net Worth: $1.1 Billion. Onsi Sawiris is the patriarch of Egypt's wealthiest family. Der ägyptische Unternehmer will in Andermatt mit viel, viel Geld seinen Traum verwirklichen. Social Empowerment. He is the founder and Chairman of Orascom Development Holding - a Swiss incorporated company listed on the Swiss Stock Exchange (SIX). Ghada Sawiris was there at the beginning, long before Naguib became a larger-than-life icon of wealth and business wisdom. Reader Comments: Subject: Sawiris - swimming with every current Date: Thu, 26 Jan 2012 09:01 From: M. Lewa The Jewish Suares family operated in a laissez faire environment benefiting from protection offered by a regime of capitulations favoring foreigners in Egypt. Onsi currently sits on the boards of Drop Technologies, ItaliaOnline, Riverbank, OPTii Solutions, Mach Music, and is … The postponement of the ceremonial event of Sawiris Cultural Award 2020. Projects. Sawiris Family Yachts. Several sources link the yacht to Naguib Sawiris. [citation needed] In 2011 he took a 12.5% stake in Swiss football club FC Luzern. It is probable that the family owns several yachts… He runs Swiss-based Orascom Development Holding, … 150. He started out in agriculture, before switching to construction and becoming one of the country’s largest contractors. The Sawiris family is the wealthiest in Egypt, running a conglomerate with global interests that stretch from mobile phones in North Korea a new hotel resort in Switzerland. Join Facebook to connect with Samih Sawiris and others you may know. Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers will be "investing … Sawiris, a prominent Christian who was an outspoken critic of President Mohamed Morsy, told Reuters the Islamist leader's … Economic Empowerment. But is it possible that she is owned by one of the other Sawiris family members. 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