Social Empowerment. Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris. In 2008, Forbes estimated the family's net worth at $36 billion. He is affiliated with medical facilities Adventist Health Glendale and Usc Verdugo Hills Hospital. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. 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. Economic Empowerment. 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. Majority share holders were, so far, Dietmar Gunz and Roula Jouny. Samih Sawiris has been active abroad too. [2] As of 2011 his net worth was estimated at $1.4 billion, making him the 879th richest person in the world. Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers will be "investing … Sawiris Cultural Award. Samih Sawiris Chairman. Sawiris Family Yachts Several sources link the yacht to Naguib Sawiris. He started out in agriculture, before switching to construction and becoming one of … 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. "I'm a very strong believer and this has been always the source of my strength, not the money.". The postponement of the ceremonial event of Sawiris Cultural Award 2020. He runs Swiss-based Orascom Development Holding, … Sawiris is head of the Hotels and Development division of his family's Orascom Group. The Sawiris family has been active in the construction industry since 1950. Onsi Sawiris, the family patriarch, got it all started in the 1950s. 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. 150. 1.3. Billion EGP. Onsi currently sits on the boards of Drop Technologies, ItaliaOnline, Riverbank, OPTii Solutions, Mach Music, and is a Board Observer at Orascom TMT Investments. the Coptic Sawiris family on the other hand simultaneously took advantage from democracy in the west while … Partnerships. 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. The fortune of each is $1.1 billion and $2.9 billion, respectively. Dr. Samir Sawiris, MD is a Internal Medicine Specialist in Glendale, CA and has over 44 years of experience in the medical field. He heads Orascom Development, which builds and operates resorts in Egypt, Montenegro, and Switzerland. ... 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. Andermatt, 14 years ago, he was struck by its remote wildness. 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 Education & Scholarships. Andermatt, 14 years ago, he was struck by its remote wildness. 1.3. [citation needed], Samih Sawiris received his Engineering Diploma in Engineering management from the Technical University of Berlin in 1980. Samih Sawiris Chairman. 150. Sawiris Cultural Award. He was estimated to be worth approximately $1.2 billion according to Forbes in 2017. And he owns the Yalla Horse Stables. Sawiris Cultural Award Announces its Shortlist for the 16th Edition. … In 2015, Nassif split Orascom Construction and Industry into two entities: OCI and Orascom Construction. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. Sawiris hails from a prominent family which controls the sprawling Orascom corporate empire. The Sawiris Foundation was founded in April 2001 as a grant-making foundation. Naguib Sawiris’s wife. steht der Sinn nach ganz Grossem. The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic Christian family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. Observers of the Egyptian political scene say he is an advocate of a progressive, liberal future for Egypt. 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. 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 Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. Onsi currently sits on the boards of Drop Technologies, ItaliaOnline, Riverbank, OPTii Solutions, Mach Music, and is … Samih Sawiris took a helicopter ride over the sleepy Swiss ski village of . [citation needed], He became a Montenegrin citizen in 2011. Onsi Sawiris is a Co-Founder and Managing Partner at HOF Capital, where he focuses on cloud-based technologies, fintech and enterprise SaaS. The Sawiris family have continued to prosper over the past three decades under Hosni Mubarak's government. Sawiris, a prominent Christian who was an outspoken critic of President Mohamed Morsy, told Reuters the Islamist leader's … Partnerships. Sawiris Cultural Award Announces its Shortlist for the 16th Edition. Join Facebook to connect with Samih Sawiris and others you may know. The resort was only a … Der ägyptische Unternehmer will in Andermatt mit viel, viel Geld seinen Traum verwirklichen. 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 … Mr. Samih Sawiris was born in Cairo in 1957. 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. 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. He is accepting new patients and has indicated that he accepts telehealth appointments. 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. Nassef Sawiris, 58, belongs to a family of billionaires as he is the son of Onsi Sawiris and brother of Naguib Sawiris. Sawiris Family Yachts. He manages OCI, one of the world's largest producers of nitrogen fertilizers and has farms in Texas and Iowa. 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 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 Sawiris; Net Worth: $1.1 Billion. 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. View the profiles of people named Samih Sawiris. Onsi Sawiris (also written Sawires, Coptic: ⲁⲛⲥⲓ ⲥⲉⲩⲏⲣⲟⲥ, Arabic: أنسي ساويرس ‎; born August 14, 1930) is an Egyptian businessman. Sawiris built the railway, information technology, and telecommunications sectors of Orascom. Samih Sawiris is founder and chairman of Orascom Development Holding AG, which builds and operates resorts in Egypt, Montenegro and Switzerland. Osni Sawiris is now effectively retired, and has each of his three sons running arms of the family empire. He is the executive Chairman of the Board of Directors and CEO of Orascom Development Holding AG. 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. Nassef Sawiris is a scion of Egypt’s wealthiest Egyptian Coptic family. 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. But Sawiris says the Arab world needs “a liberator” like cinema. 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. His other brother, Samih Sawiris, is worth $850 million. 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 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. Following the confirmation of the German Federal Cartel Office, the investor holds 75.1 percent of the parent company FTI Finanzholding GmbH. The Sawiris family's wealth has made them a visible symbol of the huge gulf between Egypt's rich elite and its impoverished millions. ... Samih Sawiris ($850m) is the tourism expert. For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Developme. Economic Empowerment. • To contact the MediaGuardian news desk email [email protected] or phone 020 3353 3857. 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. It would be easy to throw a dismissive barrage of polyester clichés her way, but to do so would be to miss the point. The Sawiris Foundation was founded in April 2001 as a grant-making foundation. Alongside his brother (Nassef Sawiris) and his father (Onsi Sawiris), he is considered one of the richest men in Egypt. 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. He started out in agriculture, before switching to construction and becoming one of the country's largest contractors. Following the confirmation of the German Federal Cartel Office, the investor holds 75.1 percent of the parent company FTI Finanzholding GmbH. Investments. Sawiris with children in Burkina Faso. • If you are writing a comment for publication, please mark clearly "for publication". His other brother, Samih Sawiris, is worth $850 million. Alongside his brother (Nassef Sawiris) and his father (Onsi Sawiris), he is considered one of the richest men in Egypt. Various companies in the group are run by Onsi Sawiris' … He has served as CEO and chairman of Orascom Development Holding AG since its incorporation. 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 … Naguib is said to be the intellectual guru of the family, with strong connections in the Cairo political elite and liberal sympathies. 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. 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. Onis Sawiris with Sons Samih, Naguib and Nasef. The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. Alongside OCI which has cement and fertilizer plants and an international construction business, a third brother, Samih Sawiris, runs Orascom … "What gives me strength and confidence is my belief in God," he told US interviewer Charlie Rose. He graduated from Fac Med Assyut U medical school in 1977. [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. In 2008, Forbes estimated the family's net worth at $36 billion. Onsi Sawiris, the family patriarch, got it all started in the 1950s. Eldest son Naguib, who was educated in Zurich, is executive chairman of Orascom Telecom and a media owner in Egypt. When Onsi Sawiris first founded a construction company. The Sawiris family has been active in the construction industry since 1950. Samih Sawiris is founder and chairman of Orascom Development Holding AG, which builds and operates resorts in Egypt, Montenegro and Switzerland. In 2008, Forbes estimated the family's net worth at $36 billion. Nassef, a graduate of Chicago University, is chief executive of Orascom Construction Industries. Projects. 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. Sawiris Initiative against COVID19. The Sawiris family is the richest family in Egypt. Sawiris Family Office building up its positions in the travel industry. 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 has also entered the European mobile market, with his Weather Investments vehicle, buying mobile operators in Italy and Greece. [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. He is the founder and Chairman of Orascom Development Holding - a Swiss incorporated company listed on the Swiss Stock Exchange (SIX). He started out in agriculture, before switching to construction and becoming one of the country’s largest contractors. Billion EGP. 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. OCI N.V. began as a construction company founded in the 1950s by Samih’s father, Osni Sawiris, according to the company’s website. 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. Onsi Sawiris (born in 1930), now retired, is the patriarch of the family. eniGma’s Founder and Editor-in-Chief Yasmine Shihata, sat down with the enigmatic entrepreneur for a personal and candid conversation on … 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. But is it possible that she is owned by one of the other Sawiris family members. Ghada Sawiris was there at the beginning, long before Naguib became a larger-than-life icon of wealth and business wisdom. It's the visionary brainchild of Samih Sawiris, a mogul whose family has been described as Egypt's Rockefellers. Education & Scholarships. 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. Sawiris Initiative against COVID19. But is it possible that she is owned by one of the other Sawiris family members. Samih Sawiris already took over a 33.66% share of FTI in 2014. Sawiris hails from a prominent family which controls the sprawling Orascom corporate empire. Onsi Sawiris, the family patriarch, got it all started in the 1950s. Projects. One of the Sawiris brothers is also an investor in a highly influential Egyptian newspaper and the owner of TV interests. Onsi Sawiris, the family patriarch, got it all started in the 1950s. Estimated to be $7.5 billion, and the fourth richest African in … He is the patriarchal head of 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. "We want to report on the good and bad qualities of Egyptian society but without being neither vulgar nor superficial [sic]. 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". – Osni Sawiris. The aim is to attract the public's attention onto itself and to make people reflect on who they are. [citation needed] In 2011 he took a 12.5% stake in Swiss football club FC Luzern. For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Development. 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. With Osni Sawiris now effectively retired, his three sons – all educated in western universities – each run different arms of the family empire, Orascom. 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 patriarch, Onsi, was born in 1930, the son of a lawyer in southern Egypt. It is probable that the family owns several yachts… Investments. The postponement of the ceremonial event of Sawiris Cultural Award 2020. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. 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. After a spell in Libya, he returned to Egypt during the more business-friendly regime of the next Egyptian president, Anwar Sadat. Samih Sawiris is another wealthy business mogul belonging to the Sawiris family. Samih Sawiris is another wealthy business mogul belonging to the Sawiris family. Berlin-educated Samih – Alexander Lebedev's possible partner interested in buying the Independent – is chairman and chief executive of Orascom Development. 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. His sons Nassef and Naguib are also billionaires. The Sawiris family is the richest family in Egypt, including Naguib Sawiris, Nassef Sawiris, Onsi Sawiris and Samih Sawiris. 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. He founded Orascom Construction in 1950. The fortune of each is $1.1 billion and $2.9 billion, respectively. 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. Onsi Sawiris (born in 1930), now retired, is the patriarch of the family. Samih Sawiris took a helicopter ride over the sleepy Swiss ski village of . 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. Nassef Sawiris, 58, belongs to a family of billionaires as he is the son of Onsi Sawiris and brother of Naguib Sawiris. Nassef Sawiris Egyptian billionaire businessman, the youngest of Onsi Sawiris' three sons (his brothers are Naguib and Samih). Richest Family in Egypt The Sawiris family is the richest family in Egypt. ... 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. Samih Sawiris; Net Worth: $1.1 Billion. He is the founder and Chairman of Orascom Development Holding - a Swiss incorporated company listed on the Swiss Stock Exchange (SIX). [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. Onsi Sawiris is the patriarch of Egypt's wealthiest family. 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. Recently, television in Egypt has enjoyed more freedom and, though it's not enough, it's better than nothing.". When Onsi Sawiris first founded a construction company. Mr. Samih Sawiris was born in Cairo in 1957. Born in 1961, he is the youngest of Onsi Sawiris‘ three sons. By taking over the majority, Sawiris also brings in new capital. 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. Social Empowerment. Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, said he and his brothers will be “investing … 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. He started out in agriculture, before switching to construction and becoming one of … Several sources link the yacht to Naguib Sawiris. 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. The Sawiris family is a Egyptian Coptic family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. Orascom. 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 … Manages OCI, one of the ceremonial event of Sawiris Cultural Award Announces its for., got it all started in the 1950s majority, Sawiris also brings in new Capital always! News desk email editor @ mediatheguardian.com or phone 020 3353 3857 during the more business-friendly regime of the Sawiris is!, Sawiris also brings in new Capital served as CEO and Chairman of Orascom Development AG. 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