5 companies linked to Egyptian businesswoman Hend El-Sherbini
Billionaires.Africa has identified and cataloged various companies and holdings linked to El-Sherbini.
North Africa
Adidas rakes in $440 million in sales from Kanye West’s Yeezy sneakers
This marks the first release of the Yeezy sneakers following the termination of Adidas’ collaboration with West in October 2022.
Hani Berzi gains $40 million, solidifying his place among Egypt’s richest investors
Berzi, who founded Edita Food Industries in 1996, owns a significant 41.95-percent stake in the consumer goods conglomerate.
Egyptian billionaire Ghabbour family gains $33 million as GB Corp shares soar
The Ghabbour family currently holds a significant 62.9-percent stake in the automaker.
Egyptian businesswoman Hend El-Sherbini loses $26 million in month as IDH shares plunge
El-Sherbini owns a significant 26.71-percent stake in the company, or 160,250,305 ordinary shares.
Nigerian billionaire Mike Adenuga’s oil marketing firm nets $8.12-million profit in H1 2023
Adenuga maintains a majority stake of 74.4 percent, or 516,298,603 shares, in the oil marketing business.
Tunisian business mogul Abdelwaheb Ben Ayed suffers $2.6-million loss as Poulina stake tanks
Ben Ayed owns a beneficial 3.4-percent stake in the Tunis-based conglomerate, making him one of the richest investors on the Tunis Stock Exchange.
Egyptian tycoon Medhat Khalil suffers staggering $41.5-million loss in 2023
The decline in Raya Holding’s shares and the resulting impact on Khalil’s net worth underscores the challenges investors face amid the current economic climate.
Egyptian billionaire Ahmed Ezz gains $137 million as Ezz Steel shares surge
Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
Egyptian Khamis family gains over $50 million from stake in Oriental Weavers
The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake of 40.58 percent in Oriental Weavers.
Egypt’s NSPO acquires $52-million stake in Pakinam Kafafi-led TAQA Arabia
The acquisition comes as no surprise, given TAQA Arabia’s remarkable growth under the leadership of Kafafi.
Egyptian billionaire Mohamed Al Fayed’s net worth surges by $100 million in 107 days
Al Fayed’s net worth has soared by $100 million, reaching $2.1 billion from $2 billion on April 10.
7 companies owned by Egypt’s third-richest man, Mohamed Mansour
Mansour co-owns Mansour Group with his billionaire brothers Yasseen and Youssef Mansour, fostering a collective commitment to innovation and prosperity.
Egyptian billionaire Naguib Sawiris’ net worth bounces back above $6 billion
The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.
Egyptian billionaire Yasseen Mansour’s Palm Hills concludes $15.3-million securitized bond
Mansour owns a significant 5.22-percent stake in Palm Hills Developments
Moroccan Prime Minister Aziz Akhannouch’s wealth plummets by $600 million in 2023
Akhannouch derives the majority of his fortune from Akwa Group, a multibillion-dollar conglomerate founded in 1932 by his father.