The New Top 10 Richest People in Egypt.
Egypt is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 6 of them are Egyptians. Many of these elite figures belong to famously wealthy Egyptian families who have run multinational companies for generations.
Egypt’s economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Libya, Saudi Arabia, the Persian Gulf, and Europe.
Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from Egypt have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.
In today’s article, we will take a look at the top 10 richest people in Egypt that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes
Without wasting much time let’s dive in.
|Rank||Name of Personality||Estimated Net Worth|
|#1||Hisham Talaat Moustafa & family||$407.7 million|
|#2||Samih Sawiris||$316.9 million|
|#3||Sadek Ahmed Sadek El Sewedy||$313.8 million|
|#4||Ahmed Ezz||$312 million|
|#5||Ahmed Ahmed Sadek El Sewedy||$305.5 million|
|#6||Mohamed Ahmed Sadek El Sewedy||$216.5 million|
|#7||Medhat Khalil||$217.9 million|
|#8||Khaled Mahmoud||$203.7 million|
|#9||Abdulrahman H. Abbas Sharbatly||$196.3 million|
Below is a short bio on the first two richest people in Egypt
Hisham Talaat Moustafa & family
Hisham Talaat Moustafa is the richest person in Egypt, the CEO of the Talaat Moustafa Group (TMGH), which is the largest publicly traded real estate company in Egypt, with more than $7 billion in assets.
Samih Sawiris, the youngest son of the late legendary Egyptian tycoon Onsi Sawiris, controls Orascom Development, which develops hotels, residential units, and leisure facilities, such as golf courses, marinas, and supporting infrastructure in Egypt, Montenegro, and Switzerland.
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