With a combined net worth of $67.9 billion, here are the top 8 richest African families and how they built their wealth

Ben Ebuka January 18, 2023
From left to right, father Onsi, Naguib, Samih and Nassif — Photo via en.amwalalghad.com

Sawiris Family (Egypt)

Networth: $11.7 Billion

Nassef Sawiris is the second son of the family and the Chairman of Orascom Construction Industries, one of the largest nitrogen fertilizer manufacturing firms in the world. His net worth is $7.3 Billion. One of his most valuable assets is the 6% stake in Adidas. He acquired a 5% stake in the New York-listed firm, Madison Square Garden Sports and owns a stake in Larfage Cement. He partnered with Fortress Investment Group to purchase Aston Villa FC. Nassef is the 4th billionaire in Africa and 304 in the world with a net worth of$3.3 Billion.

Naguib Sawiris owns an 88% stake in the Pan-European TV and video news network – Euronews. He owns Silversand – a luxury resort on the Caribbean island of Grenada. Naguib is the 8th billionaire in Africa and 883 in the world with a net worth of$3.3 Billion.

Samih Sawiris is the founder of Orascom Hotels and Development Holdings and the owner of resorts in Egypt, Montenegro, and Switzerland. He owns a 10% stake in Orascom Construction Industries. Samih is the newest billionaire in the family with a net worth of $1.1 Billion.


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