Naguib Sawiris: Net Worth, Private Jet and yacht Yalla
Author: Peter Yachtfan, Update: 2020-
73 m (240 ft)
12 in 6 cabins
22 in 10 cabins
Yalla Boat Price:
US$ 80 million
Yalla Yacht For Sale:
Contact a Sales Broker
Yalla Yacht Charter:
Contact a Charter Broker
Naquib Sawiris Net Worth:
US$ 2.9 billion
June 17, 1955
Ghada Gamil Sawiris
Gulfstream G650 (M-
Gulfstream G650 (M-
Sawiris still owns his previous 47 meter Heesen yacht. Update we think that Naguib is the owner of the yacht Crazy Me. And that his brother Samih owns Yalla.
Sawiris is an Egyptian billionaire. Until 2011 he was Chairman at Wind Telecom, then known as Orascom Telecom. He was born in 1954. He is married to Ghada, they have 4 children. He is owner of the yacht Yalla.
The Sawiris family is the richest family in Egypt. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires.
The Sawiris family has been active in the construction industry since 1950. When Onsi Sawiris first founded a construction company.
In 1976, Onsi Sawiris founded Orascom Onsi Sawiris & Co as a general contracting and trading company. By the early 1990s, Orascom had established itself as a well known contractor. It is active in the private sector, building materials and construction.
Members of the Sawiris Family also established several building materials manufacturing companies in Egypt. In early 1998, the Sawiris Family consolidated their holdings. They turned their companies into a diversified construction enterprise.
In March 1998, the Orascom was converted from a limited partnership into a joint-
The Orascom Group currently exists of three major businesses. Orascom Telecom Holding, Orascom Construction Industries and Orascom Development.
Naquib is responsible for Telecom. Nassef for Construction and Samih is chairman at Orascom Development.
The family sold a majority share in the telecom business to Vimpelcom for US$ 6.6 billion. Since then the company is named Global Telecom Holding.
Orascom Construction Industries S.A.E is an international nitrogen fertiliser producer and construction contractor. With projects and investments across the world. The company is stock-
Orascom Development is a developer of hotels, villas, golf courses and marinas. Orascom Development owns more than 30 hotels and 8 resorts, such as El Gouna in Egypt.
Part of El Gouna is Yalla Horse Stables. The yacht Yalla is probably named after his resort.
Forbes estimates the combined net worth of the Sawiris family at US$ 11.6 billion. The net worth of Naguib is estimated at US$ 2.9 billion.
In June 2014 Nassef Sawiris purchased New York’s most expensive penthouse at 960 Fifth Avenue for US$ 70 million.
Early September 2015, Sawiris offered to buy an island off Greece or Italy. And develop it to help hundreds of thousands of people fleeing from Syria and other countries at war.
His message on Twitter.: “Greece or Italy sell me an island, I'll call its independence and host the migrants and provide jobs for them building their new country.”
Sawiris said an island off Greece or Italy could cost between US$10 million and US$100 million. But added the "main thing is investment in infrastructure. There would be temporary shelters to house the peop. Then you start employing the people to build housing, schools, universities, hospitals.
"And if things improve, whoever wants to go back (to their homeland) goes back," said Sawiris.
The Sawiris family owns two Gulfstream G650 private jets. The M-
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M/Y Yalla was built at CRN Yacht and delivered to her owner in 2014. The luxury yacht has length of 73 meter and is designed by Omega Architects. Omega has also designed the owners previous 47 meter Heesen yacht.
The yacht can accommodate 12 guests in 6 suites. And she has facilities for 22 crew members. Her beautiful interior is designed by Droulers Architecture. The yacht has a large indoor pool.
The Yalla yacht is powered by 2 Caterpillar Engines. Which bring her a top speed of 18.5 knots. Her cruise speed is 13 knots. We estimate her range at 5,000nm.
Several sources link the yacht to Naguib Sawiris. But is it possible that she is owned by one of the other Sawiris family members.
For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Developme. And he owns the Yalla Horse Stables. It is probable that the family owns several yachts…
The boat is not available for yacht charter. And she is not listed for sale.
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