Forbes has released its latest report of the world’s wealthiest people.
Six Egyptians are among the world’s wealthiest, according to Forbes, with the top wealthiest Egyptian having a net worth of $US 4.2 billion.
1. Nassef Sawiris – $US 4.2 Billion
According to Forbes, Egyptian tycoon Nassef Sawiris is the wealthiest person in Egypt, with a net worth of $US 4.2 billion. Sawiris, who ranked 421st on the list, recently purchased a six percent stake in international sporting goods maker Adidas, making him the German brand’s top investor.
2. Naguib Sawiris – $US 3 Billion
The older brother of Nassef, Naguib Sawiris, also made the list, ranking second in Egypt with a net worth of $US 3 billion. Naguib made headlines in 2015 after offering to purchase an island that would house refugees.
3. Mohamed Mansour – $US 2.5 billion
Mohamed Mansour, the owner of a number of companies based in Egypt such as the Metro supermarket chain, ranked third in Egypt, with a net worth of $US 2.5 billion. The businessman’s Mansour Group controls nine of the country’s top Fortune 500 companies.
4. Mohamed al-Fayed – $US 1.9 billion
Perhaps one of the most well-known businessmen in the United Kingdom and Egypt, Mohamed al-Fayed ranked fourth in Egypt, with $US 1.9 billion. The former Harrods owner, who is also the father to the late Dodi al-Fayed who died in a car crash with Princess Diana, has a number of business interests including a stake in Hotel Ritz Paris.
5. Youssef and Yassin Mansour – $US 1.7 and 1.4 billion
Youssef and Yassin Mansour ranked fifth and sixth respectively in Egypt, with $US 1.7 billion and $US 1.4 billion. Youssef is the older brother of Mohamed Mansour, while Yassin is the youngest brother in the family.