Egyptian billionaire Naguib Sawiris’ net worth rises nearly $1 billion as gold fuels gains

Even as geopolitical tensions continue to shape investor sentiment and add pressure across global markets, Egyptian billionaire Naguib Sawiris has recorded a steady rise in wealth this year, driven largely by gains in his private investments and exposure to gold-related assets.

According to the Bloomberg Billionaires Index, Sawiris’ net worth has increased by nearly $1 billion since the start of the year, rising from about $10.6 billion on Jan. 1 to roughly $11.6 billion. The latest figure places him among the world’s 301 richest individuals and reinforces his position as Egypt’s wealthiest person on the real-time ranking.

Bullion boom expands Naguib Sawiris fortune

The increase builds on an even stronger performance in the previous year, when his fortune climbed by $3.75 billion. At the time, his net worth moved from $6.85 billion on Jan. 1, 2025, to $10.6 billion on Dec. 31, 2025, reflecting a broader upward shift in the value of his holdings, particularly in mining and commodities-linked investments.

As in the previous year, a key driver of this year’s gains has been Sawiris’ continued exposure to gold through his private investment portfolio, which has expanded over the past decade. Gold prices, up more than 35 percent year to date, have supported valuations across his mining interests and lifted the overall value of his assets. The metal has also drawn increased demand from investors seeking stability in periods of uncertainty, a trend that has benefited his holdings.

Sawiris adds $400 million investment

Sawiris has also continued to deepen his commitments in the sector. He recently confirmed a $400 million investment into a mining company where he already holds a significant stake, though he did not disclose the name of the firm. Much of his exposure flows through La Mancha Resources, the Luxembourg-based investment vehicle he acquired in 2012 for $492 million.

Bloomberg data shows his private mining assets are now valued at nearly $9 billion, up from just under $8 billion at the beginning of the year. His listed holdings have also strengthened. His stake in Endeavour Mining is valued at about $2.01 billion, while his investment in Evolution Mining has risen to roughly $496 million from $450 million at the start of the year.

Beyond mining, Sawiris maintains ties to the broader Orascom business network built by his late father, Onsi Sawiris. He holds a $91.5 million stake in Orascom Construction and a $54.3 million position in Orascom Investment Holding. The company has evolved into a diversified holding platform with interests that once included telecom, media and technology.

Sawiris backs Egypt’s tourism strategy

Naguib Sawiris has also continued to back projects linked to Egypt’s tourism strategy, including efforts to attract higher-profile global events and increase annual visitor numbers over the next decade. Through Orascom Pyramids Entertainment, he has supported developments aimed at improving visitor experiences around the Giza plateau. 

One of the notable events staged near the pyramids featured Oleksandr Usyk and Rico Verhoeven in a boxing match that drew global attention. Held in a temporary outdoor arena on the Giza Plateau, the bout ended in an 11th-round technical knockout, reflecting Egypt’s push to position its landmark sites as venues for major international sports and entertainment events.