Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Lebanon devalues its currency by 90 percent, market rate is much lower

    February 1, 2023

    Indian FM presents $550 billion progressive and inclusive Union Budget

    February 1, 2023

    Outstanding operational performance by Etihad Cargo in 2022

    February 1, 2023
    Facebook Twitter Instagram
    ME News ServiceME News Service
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    ME News ServiceME News Service
    Home » Nassef Sawiris tops Egyptian billionaires in Forbes 2022 list
    Business

    Nassef Sawiris tops Egyptian billionaires in Forbes 2022 list

    April 12, 2022
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    Forbes magazine has published its ranking of the world’s billionaires and the richest people for the year 2022, particularly those who have fortunes that have reached or exceeded one billion dollars. It was the first time ever that Elon Musk was placed in the lead. Tesla’s stock price rose 33 percent in the past year, which increased his fortune by $68 billion. It was estimated that he is worth about US$ 219 billion. Due to a three percent drop in Amazon stocks and a substantial rise in his charitable donations, Jeff Bezos fell from number one to number two for the first time in four years. This caused a reduction in his net worth of six billion dollars.

    Nassef Sawiris tops Egyptian billionaires in Forbes 2022 listIn 2022, Nassif Sawiris, the younger brother of Naguib Sawiris, topped the list of Egypt’s billionaires. He is estimated to have a net worth of $7.7 billion despite losing $600 million from his fortune in 2021, which made him the largest loser among the wealthy Arabs this year after Adidas, in which he owns a 6 percent stake, declined. Nassef ranked 304th globally overall.

    He is followed by Naguib Sawiris, whose fortune was estimated to be $3.4 billion, an increase of $200 million over last year’s total. In the year 2021, Naguib ranked 956th, but in the year 2022 he ranked 883rd. The third was Mohammed Mansour, who in 2021 was ranked 1249th in the world with a fortune estimated at about $2.5 billion and remained stable, moving up several places to 1238th globally.

    With a fortune estimated at $2.1 billion, Egyptian businessman Mohamed al-Fayed ranked 1445th in the world. With a fortune valued at $ 1.5 billion, Yussef Mansour, the elder brother of Mohamed and Yassin Mansour, came fifth with a rank of 1929, after occupying the 2035th position last year.

    Sixth on the list is Yassin Mansour, younger brother of Mohamed and Youssef Mansour, whose fortune is estimated at about $1.1 billion, unchanged from last year, to occupy the 2448th place globally after ranking 2524th in 2021. This year, the fortunes of the Mansour family did not change, and their earnings remained the same as they were in 2022, regardless of their global rankings.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Lebanon devalues its currency by 90 percent, market rate is much lower

    February 1, 2023

    Indian FM presents $550 billion progressive and inclusive Union Budget

    February 1, 2023

    Outstanding operational performance by Etihad Cargo in 2022

    February 1, 2023

    Vietnam-India bilateral trade reached record levels in 2022

    February 1, 2023

    Philips cuts 13 percent of jobs in a safety and profitability drive

    January 30, 2023

    German-Australian hydrogen supply chain investment of $90 million

    January 28, 2023
    Latest News

    Lebanon devalues its currency by 90 percent, market rate is much lower

    February 1, 2023

    Indian FM presents $550 billion progressive and inclusive Union Budget

    February 1, 2023

    Outstanding operational performance by Etihad Cargo in 2022

    February 1, 2023

    Vietnam-India bilateral trade reached record levels in 2022

    February 1, 2023

    Djokovic tops ATP rankings, Sabalenka No. 2

    January 31, 2023

    Pakistan mosque suicide bombing death toll rises to 88

    January 31, 2023
    © 2022 ME News Service | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.