Table of Contents
- Table: Naguib Sawiris
- What is Naguib Sawiris’ Net Worth?
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
Table: Naguib Sawiris
| Category | Information |
|---|---|
| Net Worth | $2.9 billion |
| Salary | N/A |
| Birthdate | June 15, 1954 |
| Birthplace | Egypt |
| Gender | Male |
| Height | N/A |
| Profession | Businessman and Politician |
| Nationality | Egyptian |
What is Naguib Sawiris’ Net Worth?
Naguib Sawiris, the Egyptian businessman and politician, boasts an estimated net worth of $2.9 billion. His wealth is a testament to his successful ventures in the telecommunications industry and his foray into politics. Sawiris has held prominent positions in various companies, allowing him to amass significant wealth over the years.
Highlights
– Naguib Sawiris has a net worth of $2.9 billion.
– He has been involved in the telecommunications industry and politics.
– Sawiris founded the liberal Free Egyptians Party.
– He has actively opposed the Muslim Brotherhood.
– Sawiris is a supporter of liberalism.
– His assets include Wind Telecom and Orascom Telecom Holding.
Early Life
Naguib Sawiris, born on June 15, 1954, began his professional journey by joining Orascom, Egypt’s largest private-sector employer, in 1979. Throughout his early career, Sawiris played a key role in setting up and expanding various sectors within the conglomerate, including the railway, IT, and telecommunications divisions. He eventually assumed control of Orascom Telecom Holding after the company underwent restructuring and separation.
Career
In 2005, Sawiris established Weather Investment, which would later become known as WIND Telecom. He successfully merged his telecommunications assets with VimpelCom Ltd., Russia’s second-largest mobile phone operator, in a transaction valued at approximately $6.5 billion.
Additionally, in May 2011, Sawiris embarked on a full-fledged political career. In response to Egypt’s uprising against President Hosni Mubarak, he founded the Free Egyptians Party, a liberal political party. Sawiris has actively opposed the Muslim Brotherhood and has positioned himself as a staunch advocate for liberalism.
Personal Life
Naguib Sawiris leads a private personal life, and information regarding his height and salary is not publicly available. However, his contributions and accomplishments within the business and political spheres speak volumes about his dedication and success.
Net Worth Over Time
Over the years, Naguib Sawiris’ net worth has experienced fluctuations due to market conditions and business decisions. As of the current estimation, his net worth stands at $2.9 billion. It is important to note that net worth figures are subject to change as economic circumstances evolve.
Components of Net Worth
Sawiris’ net worth primarily stems from his ownership and investments in various telecommunications companies. Key components contributing to his wealth include Wind Telecom and Orascom Telecom Holding. Through strategic decision-making and successful business ventures, Sawiris has been able to build and grow his net worth over time.
In conclusion, Naguib Sawiris is a prominent Egyptian businessman and politician with a net worth of $2.9 billion. His successful career in the telecommunications industry, along with his involvement in politics, has allowed him to achieve significant financial success. Sawiris’ dedication to liberalism and his contributions to Egypt’s political landscape have secured his position as one of the influential figures in the country’s business and political spheres.
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