Date of Birth: June 17, 1954
Zodiac Sign: Gemini
Biography
Naguib Onsi Sawiris is an Egyptian billionaire businessman and one of the most prominent figures in the global telecommunications industry. Born into the influential and entrepreneurial Sawiris family, Naguib has played a significant role in expanding and diversifying the family’s business empire. He is the eldest son of Onsi Sawiris, the founder of Orascom conglomerate, and has two younger brothers, Nassef and Samih, who are also successful businessmen. Naguib Sawiris was born on June 17, 1954, in Cairo, Egypt. He studied Mechanical Engineering at the Swiss Federal Institute of Technology Zurich (ETH Zurich) and later obtained a Master of Science in Technical Management from the Technische Universität Berlin. His business career began in earnest when he joined the family business, Orascom, and helped transform it into a global powerhouse. Sawiris is best known for his role in establishing Orascom Telecom Holding (OTH), which became a major player in the telecommunications industry, with operations spanning the Middle East, Africa, and Asia. Under his leadership, OTH grew exponentially, making significant acquisitions and expanding its network to serve millions of customers worldwide. In 2011, he sold Orascom Telecom to the Russian company VimpelCom (now VEON) in a multi-billion-dollar deal. Beyond telecommunications, Sawiris has diverse business interests, including media, technology, and real estate. He owns a majority stake in the pan-Arab news channel ONTV and has invested in various other media ventures. Additionally, Sawiris is a philanthropist, actively supporting numerous charitable initiatives in Egypt and beyond.
5 Interesting Facts about Naguib Sawiris
1. Naguib Sawiris played a pivotal role in establishing the first private sector telecommunications company in Egypt.
2. He sold Orascom Telecom to VimpelCom in 2011 in a deal valued at approximately $6.5 billion.
3. Sawiris is a major shareholder in the pan-Arab news channel ONTV.
4. He has a passion for music and even owns an Italian music label, Ora Media.
5. Naguib Sawiris has been actively involved in philanthropy, contributing to educational and healthcare projects in Egypt.
5 Most Interesting Quotes from Naguib Sawiris
1. “The true measure of success is how many times you can bounce back from failure.”
2. “Business is about people. It’s about relationships and the ability to understand and be understood.”
3. “You need to have a vision, but also to be flexible and adaptable.”
4. “In business, you need to know when to take risks and when to play it safe.”
5. “Success without giving back is not true success.”
Highest Net Worth Achieved
The highest net worth achieved by Naguib Sawiris is estimated to be around $3 billion.
Children
Naguib Sawiris has four children. His children have largely stayed out of the public eye, and there is limited information available about them.
Relevant Links
1. [Forbes Profile: Naguib Sawiris](https://www.forbes.com/profile/naguib-sawiris/
3. [Wikipedia: Naguib Sawiris](https://en.wikipedia.org/wiki/Naguib_Sawiris
4. [Orascom Telecom History](https://www.orascomdh.com
5. [Interview with Naguib Sawiris](https://www.cnbc.com/naguib-sawiris/
