Samih Sawiris | $1B+

Get in touch with Samih Sawiris | Samih Sawiris, Egyptian billionaire and tourism mogul, transformed his family’s business acumen into a global hospitality and real estate empire. As founder of Orascom Development, he spearheaded the creation of integrated resort towns across Egypt, Europe, and the Middle East, blending luxury hotels, marinas, golf courses, and residential communities. Known for projects like El Gouna on Egypt’s Red Sea coast, Sawiris has combined visionary master planning with sustainable development, positioning himself as a leading force in high-end tourism and destination creation.

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Samih Onsi Sawiris (Arabic: سميح أنسي ساويرس, Montenegrin: Samih Onsi Saviris / Самих Онси Савирис; born 28 January 1957) is an Egyptian-Montenegrin businessman, investor and billionaire[1] and the second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris. He is the former executive chairman of the board of directors and CEO of Orascom Development Holding AG.[2] Samih Sawiris سميح أنسي ساويرس Sawiris in 2010 Executive Chairman and CEO of Orascom Development Holding AG Incumbent Assumed office 1998- Chairman of El Gouna FC Incumbent Assumed office 2003- Board member of FC Luzern Incumbent Assumed office 2011- Personal details Born 28 January 1957 (age 68) Sohag, Sohag, Egypt Citizenship Egypt (1957-present) Montenegro (2011-present) Relations Nassef Sawiris and Naguib Sawiris (brothers) Residence Cairo, Egypt Education Technische Universität Berlin As of 2015, his net worth was estimated at US$850 million, which at the time made him the 26th richest person in Africa.[3] Education and career edit Sawiris was born on January 28, 1957, in Sohag, Egypt, into a Coptic Christian family. He received his Engineering Diploma in Engineering management from Technische Universität Berlin in 1980.[4] He founded National Marine Boat Factory, followed by Orascom Projects for Touristic Development in 1996 and Orascom Hotels and Development in 1998; the latter two companies later merged to form Orascom Development Holding AG. He has served as CEO and chairman of Orascom Development Holding AG from its incorporation, and stepped down in December 2021.[5][6] His son succeeded him.[5][7] Through his organisation, Sawiris developed holiday resorts in Egypt and Switzerland.[8] In 2011, he took a 12.5% stake in Swiss football club FC Luzern.[9][10] In 2017, he invested in Bidroom, a membership-based online hotel booking platform.[11] In December 2019, he acquired Thomas Cook (Germany) through his Raiffeisen Touristik (RT) Group,[12][13] which he had bought 74.9% of its shares back in 2014.[14] In December 2021, Sawiris stepped down as chairman of Orascom Development Holding and transferred his duties to his son, Naguib Samih Sawiris.[15] Personal life edit Sawiris became a Montenegrin citizen in 2011.[16] He is Coptic Christian.[

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