Egyptian businessman and politician Naguib Sawiris has an estimated net worth of $3 billion as of April 2016, according to Forbes. He is #589 in the Billionaires List (#367 in 2012), #2 in Egypt, and #9 in Africa’s Top 40 Richest List. Born Naguib Onsi Sawiris on June 15, 1954, his career began in 1979 with Orascom, the country’s largest private-sector employer and with the largest market capitalization. It has a 75% staje in Koryolink, the only cell network in North Korea. He founded Weather Investment, later called WIND Telecom, in early 2005. In October 2010, he and VimpelCom Ltd., Russia’s second-largest mobile phone operator, agreed to merge their phone assets for about $6.5 billion valued transaction.

Naguib-Sawiris

Sawiris sold nearly all his shares in the VimpelCom. In June 2012, he sold his stake in Telekom Austria to Mexican billionare Carlos Slim who owns America Movil. After a month, Weather Investment has bought La Mancha, a Canadian mining company, for $317 million from French nuclear giant Areva.

As a politician, Naguib Sawiris is considered a nationalist and supporter of liberalism. He founded the liberal Free Egyptians Party as a result of the Egypt’s revolution. Since then, he has been vocally opposing the Muslim Brotherhood. He did not even back the election of President Mohamed Morsi.

Naguib Sawiris is a recipient of the French Legion of Honors and the Sitara-e-Quaid-e-Azam award. He was recognized as the 2011 CIC Globalist of the Year by the Canadian International Council (CIC) in November 2011.