Naguib Sawiris wealth climbs to 9.13 billion, overtaking brother Nassef at 9.03 billion, according to Bloomberg estimates.
Naguibs fortune surged 2.25 billion in 2025, boosted by gold investments through La Mancha Resources, Endeavour Mining, and Evolution Mining.
Nassef Sawiris saw modest 340 million gains this year, supported by OCI Methanols 1.6 billion sale to Methanex Corporation.
At the beginning of 2025, billionaire industrialist Nassef Sawiris held the title of Egypts richest man, with a fortune of 8.69 billion. By August, the balance had shifted. His older brother, Naguib Sawiris, has now overtaken him, with Bloomberg estimating Naguibs wealth at 9.13 billion about 100 million more than Nassefs 9.03 billion.
Naguib Sawiris wealth surges 2.25 billionNaguib, 71, is the eldest of three sons of the late Onsi Sawiris, who built the Orascom Group into one of Egypts most powerful business empires. Since the start of the year, Naguibs fortune has jumped by 2.25 billion, climbing from 6.88 billion in January to its current level. Much of that increase has come in just the past few months.
Nassef, on the other hand, has seen only modest gains. His wealth has risen by 340 million this year, largely supported by proceeds from the 1.6 billion sale of OCI Methanol, the global methanol unit of OCI Global, to Canadas Methanex Corporation. The sale helped strengthen OCIs balance sheet and offset declines in Nassefs stakes in both OCI Global and German sportswear giant Adidas.