Samih Sawiris
Samih Sawiris | |
|---|---|
| سميح أنسي ساويرس | |
| File:Sawiris-I.png Sawiris in 2010 | |
| Executive Chairman and CEO of Orascom Development Holding AG | |
| Assumed office 1998- | |
| Chairman of El Gouna FC | |
| Assumed office 2003- | |
| Board member of FC Luzern | |
| Assumed office 2011- | |
| Personal details | |
| Born | 28 January 1957 |
| Citizenship | Egypt (1957-present) Montenegro (2011-present) |
| Relations | Nassef Sawiris and Naguib Sawiris (brothers) |
| Residence | Cairo, Egypt |
| Education | Technische Universität Berlin |
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]
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 | edit source]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 | edit source]Sawiris became a Montenegrin citizen in 2011.[16] He is Coptic Christian.[17]
References
[edit | edit source]- ^ The World's Billionaires: #396 Samih Sawiris. Forbes. March 5, 2008.
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- ^ Egyptian investor for FCL
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- 1957 births
- Living people
- Egyptian businesspeople
- Montenegrin businesspeople
- Coptic Orthodox Christians from Egypt
- Coptic businesspeople
- Egyptian people of Coptic descent
- Egyptian billionaires
- Egyptian emigrants to Montenegro
- Sawiris family
- People from Sohag Governorate
- Technische Universität Berlin alumni
- Egyptian people stubs