Nassef Sawiris
Source of wealth: Construction, investments
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The scale of their wealth
Health
The price of life
Let's compare Nassef Sawiris's fortune with the healthcare spending of a massive country
Nassef Sawiris could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Nassef Sawiris could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Nassef Sawiris could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.8 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Nassef Sawiris could pay for it entirely for 3.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Nassef Sawiris could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 16.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Nassef Sawiris with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.4 years.
Gold
Everyday luxuries
Nassef Sawiris's fortune is equivalent to 65 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Nassef Sawiris could buy 17,326,028 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 3 trucks to transport them. Although Nassef Sawiris will almost certainly have enough money left over to pay for the gas.
Biography
Nassef Sawiris is an investor and a scion of Egypt's wealthiest family. His two brothers, Naquib and Samih, are also billionaires.
In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of the NBA Knicks and the NHL Rangers teams.
He runs OCI, one of the world's largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange.
Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai.
His holdings include a nearly 6% stake in German sportswear giant Adidas.
Nassef Sawiris teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa Football Club.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison