Top 10 billionaires in Africa right now and how they made their money

Naguib Sawiris

Naguib Sawiris is the brother of Nassef Sawiris, the second richest person in Africa. He is worth $3.2 billion, according to Forbes. Naguib built his fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction.

The Egyptian is also chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others.

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He owns 88% of pan-European pay TV and video news network Euronews through his Media Globe Holdings. He also developed a luxury resort called Silversands on the Caribbean island of Grenada, according to Forbes.