Table of Contents
Key Points
- His net worth has surged by $381 million in 2025, following a $500 million gain in 2024, according to Bloomberg Billionaires Index.
- His mining investments include stakes in Endeavour Mining, Evolution Mining, and La Mancha Resources, alongside $6.25 billion in cash reserves.
- Sawiris plans to develop high-end hotels near Sphinx Airport to address accommodation shortages and enhance Egypt’s tourism appeal.
Egypt’s second-richest man, Naguib Sawiris, isn’t slowing down after adding half a billion dollars to his fortune in 2024. So far in 2025, his wealth has climbed past the $7 billion mark, reflecting strong gains in his private investments.
According to the Bloomberg Billionaires Index, which tracks the fortunes of the world’s wealthiest individuals, Sawiris’ net worth has risen by $381 million this year, increasing from $6.98 billion on Jan. 1 to $7.27 billion at the time of this report.
Egypt’s Naguib Sawiris now worth $7.27 billion
This adds to the $500 million increase he recorded in 2024 when his fortune grew from $6.48 billion to $6.98 billion. With his net worth now at $7.27 billion, Sawiris remains Egypt’s second-richest man, trailing his younger brother, Nassef Sawiris, who is worth $8.99 billion.
Much of his recent wealth growth is tied to his diversified investments across real estate, telecommunications, and mining. A significant portion of his fortune—$6.25 billion—is held in cash reserves, which have been revalued once this year and twice in 2024.
Naguib Sawiris holds $964 million in gold stocks
Beyond his cash holdings, Sawiris has made strategic moves in the mining sector, particularly through La Mancha Resources, his private investment firm, and stakes in two publicly traded gold mining companies: Endeavour Mining and Evolution Mining.
He holds a $744 million stake in Endeavour Mining, a London-listed gold producer, and a $220 million position in Evolution Mining, an Australian company with operations in Australia and Canada. Additionally, he owns a $34.4 million stake in Orascom Construction and a $20.6 million stake in Orascom Investment Holding.
Tourism expansion with $150 million investment
Expanding his portfolio beyond mining and infrastructure, Sawiris is now turning his attention to tourism. He recently announced plans to build one or two luxury hotels worth $150 million near the iconic Pyramids. Located close to Sphinx Airport, the hotels aim to ease accommodation shortages while improving access for tourists.
The project reflects Sawiris’ commitment to closing infrastructure gaps and boosting Egypt’s global tourism appeal. By enhancing visitor experience and investing in key developments, he is positioning Egypt as a top-tier global destination.
