
10 lessons from African billionaires on achieving business growth
Billionaires.Africa shares 10 key lessons from African billionaires, practical insights to help entrepreneurs overcome challenges, seize opportunities, and build lasting businesses.
Billionaires.Africa shares 10 key lessons from African billionaires, practical insights to help entrepreneurs overcome challenges, seize opportunities, and build lasting businesses.
This follows a $310 million gain in 2024, when his wealth increased from $8.41 billion to $8.72 billion.
Their influence extends far beyond their home country, driving investment, policy shifts, and innovation.
Despite recent setback, Sawiris' wealth is up by $261 million YTD, driven by early 2025 gains and strong performance in his diverse portfolio.
The rise in the market value of his stake in Adidas, from $3.1 billion to $3.35 billion, comes on the back of a strong rally in the company’s shares.
The Ras Ghareb Wind Farm development project, reaffirms Orascom’s commitment to shaping a cleaner, more sustainable future for Egypt.
The payout comes as the company reaffirms its commitment to its shareholders amid economic pressures.
This potential move follows his earlier decision to relocate his family office to Abu Dhabi, the capital of the United Arab Emirates (UAE), in December 2023.
Orascom posted $2.32 billion in revenue, a slight decline of 1.92 percent from $2.37 billion in the same period last year.
Egypt’s richest man, Nassef Sawiris’ wealth is bolstered by increased cash holdings, rising by nearly $1 billion to $3.85 billion.
Egyptian billionaire and Aston Villa co-owner Nassef Sawiris has experienced a remarkable financial surge, seeing his personal wealth increase by £810 million over the past 12 months.
His wealth increase puts him among the select African billionaires whose wealth has swelled by over a billion dollars this year.
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
Egyptian billionaire Nassef Sawiris' net worth nears $10 billion, up $1.26 billion this year, thanks to strong performance in OCI and Adidas stocks.