Samih Sawiris

Egyptian-Montenegrin businessman
The basics

Quick Facts

IntroEgyptian-Montenegrin businessman
Known forCEO of Orascom Development Holding AG
PlacesEgypt Montenegro
isBusinessperson Entrepreneur Business executive
Work fieldBusiness
Gender
Male
Birth28 January 1957, Egypt, Egypt
Age67 years
Star signAquarius
Family
Father:Onsi Sawiris
The details

Biography

Samih Onsi Sawiris (Coptic: ⲥⲁⲙⲏϩ ⲟⲛⲥⲓ ⲥⲉⲩⲏⲣⲟⲥ, Arabic: سميح أنسي ساويرس‎; born in 1957) is an Egyptian-Montenegrin businessman and billionaire and second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris. He is the executive Chairman of the Board of Directors and CEO of Orascom Development Holding AG. As of 2011 his net worth was estimated at $1.4 billion, making him the 879th richest person in the world.

Samih Sawiris received his Engineering Diploma in Engineering management from the Technical University of Berlin in 1980. 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 since its incorporation.

He became a Montenegrin citizen in 2011. In 2011 he took a 12.5% stake in Swiss football club FC Luzern.

In December 2019, he acquired Thomas Cook Germany through his Raiffeisen Touristik (RT) Group, which he already bought 74.9% of its shares in 2014.

The contents of this page are sourced from Wikipedia article on 07 Feb 2020. The contents are available under the CC BY-SA 4.0 license.