Egypt’s richest man Nassef Sawiris sees Adidas stake climb to $3.3 billion

by Simon Osuji

January 24, 2025

in Business

Egypt’s richest man Nassef Sawiris sees Adidas stake climb to $3.3 billion

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Egypt’s richest man Nassef Sawiris sees Adidas stake climb to $3.3 billion

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The rise in the market value of his stake in Adidas, from $3.1 billion to $3.35 billion, comes on the back of a strong rally in the company’s shares.

Egyptian billionaire Nassef Sawiris

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