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Onsi Sawiris (also written Sawires, Arabic: أنسي ساويرس‎‎)(born August 14, 1930) is an Egyptian businessman. He was estimated to be worth approximately $1.2 billion according to Forbes in 2017. He is the patriarchal head of the Sawiris Family. The name Sawiris is alleged to be the Arabic/Coptic equivalent for the Latin/Roman Severus, but such connection was rejected by Sawiris himself.

In his early business career, he was disenchanted with the socialist government of Egyptian president Gamal Abdel Nasser. He was prevented from leaving the country for six years in the 1960s. After a spell in Libya, he returned to Egypt during the more business-friendly regime of the following Egyptian president, Anwar Sadat. He and his three sons, all educated in Europe and the United States, resumed their activities in Egypt with full force over the past three decades under the government of Hosni Mubarak and its liberal business policies.

He founded the Orascom conglomerate, whose various construction, telecommunications and tourism, science and technology and industry companies are run by his three sons, Naguib Sawiris, Nassef Sawiris, Samih Sawiris. Orascom is involved in tourism development, telecommunications, construction and other fields.

Onsi Sawiris Net Worth: Onsi Sawiris is an Egyptian businessman who has a net worth of $1.9 billion. The patriarchal head of Egypt’s wealthiest family, Onsi Sawiris is the one who founded Orascom conglomerate. Being composed of various telecom, construction, tourism, science and technology companies, the group is now managed by his three sons, Naguib Sawiris, Nassef Sawiris and Samih Sawiris. In total, Orascom is said to have over $5 billion in revenues. It was in 2013 that the Sawiris family moved Orascom Construction Industry’s primary listing from Egypt to NYSE Euronext in Amsterdam. In the meantime, Onsi Sawiris remains a major shareholder in OCI, almost a quarter of the company being in his possession.

Source:

1. wikipedia
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