Home Articles Top 7 Richest Men in Egypt 2023 and Net Worth

Top 7 Richest Men in Egypt 2023 and Net Worth


Ever wondered who the billionaires in Egypt are? Have you wondered how these billionaires in Egypt get their income? Ever wondered how their wealth in figures looks like? Then just read this article. A lot of people featured on this article are on the Forbes list of richest men in Egypt in 2023.

This list features mostly businessmen who make their money from their businesses. So, ride with us as we take you through the list of the top richest Egyptians in 2023, their source of wealth and their wealth in figures.

Nassef Sawiris, with a net worth of 9 billion U.S. dollars, is the richest man in Egypt and second richest in the African continent. Nassef Sawiris is also the richest man in Arab region.

Richest Men in Egypt

1. Nassef Sawiris

Nassef Sawiris, Richest man in Egypt and Second Richest man in Africa

Nassef Sawiris Is an Egyptian business tycoon with a net worth of 7.5 billion dollars. He is the wealthiest man in Egypt. He is currently the CEO of Orascom Construction Industries. Orascom is the most valuable publicly traded company in Egypt, and has large holdings in the United States and Brazil.
Source of Wealth: Business (Orascom Construction Industries)
Net worth: $9 billion

2. Mohamed Mansour

Mohamed Mansour is an Egyptian businessman with a net worth of $4 billion. He is the founder and chairman of Mansour Automotive Company, as well as the chairman of Mantrac, the authorized distributor of Catapillar.
He is also the operator of the largest supermarket chain, Metro Markets, in Egypt.

Source of wealth: Business (Mansour Group)
Net worth: $4 billion

3. Youssef Mansour

Youssef Mansour is the brother of Mohamed and the part owner of the Egyptian conglomerate, Mansour Group. He has served as the CEO of Loufty Mansour Trading Company, the Chevrolet dealer in Egypt and part of General Motors, among others.

Source of wealth: Business (Mansour Group)
Net worth: $2.9 billion

4. Naguib Sawiris

Naguib Sawiris is an Egyptian businessman and a politician with a net worth of 2.7 billion dollars. He initially served as the executive chairman of Wind Telecom an Orascom Telecom Holding (OTH) Before embarking on a fully fleshed political career in 2011.

Sawiris has stakes in various gold mines throughout the world. He made more than $4 billion when he sold his stake in the telecom company in Vimpelcom in 2011.

Source of wealth: Business (Orascom investments, Wind Telecom)
Net Worth: $2.9 billion

5. Yasseen Mansour

Yasseen Mansour is the youngest brother of Egypt’s three Mansour brothers. He has a net worth of $2.3 billion. Yasseen Mansour is the founder of Manfoods, which is the owner and operator of the McDonald’s franchise in Egypt. Most of his fortunes, however, come from the Mansour Group. Yasseen is also the chairman of Palm Hills Developments, one of Egypt’s largest real estate developers.

Source of wealth: Business (Mansour Group, Palm Hills)
Net worth: $2.3 billion

6. Mohamed Al Fayed

Mohamed Al Fayed is an Egyptian business magnate with a net worth of $2 billion. Being a world-renowned businessman and philanthropist, Mohamed Al Fayed heads the AlFayed Foundation, the English Premiership football team Fulham and, until 2010, he controlled one of the world’s largest department stores, Harrods Department Store, Knightsbridge. He sold Harrods to Qatar Holding for a reported $2.4 billion. Fayed’s other business interests include ownership of Hôtel Ritz Paris and fashion.

Source of Wealth; Business, Film Producer
Net Worth: $2 billion

7. Onsi Sawiris Worth

Onsi Sawiris is an Egyptian businessman and the patriarchal head of Egypt’s wealthiest family. He is the one who founded Orascom conglomerate. The conglomerate is now managed by his three sons, Naguib Sawiris, Nassef Sawiris and Samih Sawiris. In total, Orascom is said to have over $5 billion in revenues.

Onsi Sawiris remains a major shareholder in OCI, almost a quarter of the company being in his possession.

Source of Wealth: Business (Orascom Construction Industries)
Net Worth: $1.9 billion


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