With an estimated net worth of $81.8 billion, Here are Forbes’ wealthiest Africans for 2023

• NAGUIB SAWIRIS

Naguib Sawiris ($3.3 billion) 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 telecommunications by 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.

He owns 88% of the 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, Forbes reported.

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