Samih Onsi Sawiris ( ar, سميح أنسي ساويرس, ; born in 1957) is an

Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Med ...

ian- Montenegrin businessman and billionaire 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. As of 2015 his net worth was estimated at US$850 million, which at the time made him the 26th richest person in Africa.

Education and career

Sawiris received his Engineering Diploma in

Engineering management Engineering management is the application of the practice of management to the practice of engineering. Engineering management is a career that brings together the technological problem-solving ability of engineering and the organizational, admini ...

from the

Technical University of Berlin The Technical University of Berlin (official name both in English and german: link=no, Technische Universität Berlin, also known as TU Berlin and Berlin Institute of Technology) is a public research university located in Berlin, Germany. It was ...

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 from its incorporation, and stepped down in December 2021. His son succeeded him. Through his organisation, Sawiris developed holiday resorts in

and Switzerland. In 2011 he took a 12.5% stake in Swiss football club

FC Luzern Fussball-Club Luzern (), or simply abbreviated to FCL, is a Swiss sports club based in Lucerne (german: Luzern). It is best known for its professional football team, which plays in the Super League, the top tier of the Swiss football league ...

. In 2017, he invested in Bidroom, a membership-based online hotel booking platform. In December 2019, he acquired Thomas Cook (Germany) through his Raiffeisen Touristik (RT) Group, which he had bought 74.9% of its shares back in 2014.

Personal life

Sawiris became a Montenegrin citizen in 2011. He is Coptic Christian.

References

1957 births Living people Egyptian businesspeople Montenegrin businesspeople Coptic Orthodox Christians from Egypt Egyptian billionaires Egyptian emigrants to Montenegro Samih People from Sohag Governorate {{Egypt-bio-stub