Naguib_Sawiris

It would be quite interesting to read essays on famous people like, one of the most successful businessmen “Naguib Onsi Sawiris” who born June 15, 1954; is an Egyptian businessman executive chairman of the telecommunications company Orascom Telecom Holding (OTH), the family business. He is also the executive chairman of Wind Telecom (former Weather Investments) and chairman of the board of Wind Telecomunicazioni SpA (Italy). At OTH, Sawiris launched the first mobile operator in Egypt, Mobinil. Naguib Sawiris holds a Diplom (similar to a Master's) in Business Administration and Mechanical Engineering from the Swiss Federal Institute of Technology (ETH), Zurich, Switzerland and the Abitur (diploma) from the German Protestant School, Cairo, Egypt. Naguib Sawiris is the eldest of three brothers, with Nassef Sawiris and Samih Sawiris. He is the son of Onsi Sawiris who established the Orascom Group. In 2010, Naguib Sawiris was listed in Forbes magazine as the 374th richest person in the world, with a personal wealth of US$2.5 billion. Sawiris is an Egyptian Christian, following the teachings of the Coptic Orthodox Church. Sawiris joined Orascom in 1979. The Orascom Group is the country’s largest private sector employer and has the largest market capitalization on the Cairo & Alexandria Stock Exchange. Sawiris established and built the railway, information technology, and telecommunications sectors of Orascom. The conglomerate was later split into separate operating companies: Orascom Telecom (OT), Orascom Construction Industries (OCI), Orascom Hotels & Development and Orascom Technology Systems (OTS). OTH was established in late 1997 and since then has been chaired by Sawiris. In early 2005, Sawiris founded Weather Investments and led the leveraged buyout of a majority stake of Wind Telecommunications in Italy, taking over as its chairman. A year later, he led Weather Investment’s acquisition of Tim Hellas in Greece and re-branded it Wind Hellas. In November 2006, Wind Telecommunications floated the largest ever PIK debt in Europe and used the proceeds to complete the buyout of Wind from ENEL, resulting in the Sawiris Family owning 98% of Weather. In October, 2010, VimpelCom Ltd., Russia’s second-largest mobile phone operator, and Sawiris agreed to merge their phone assets in a transaction valued at about US$6.5 billion. Sawiris announced his plan for a new company with the businesses not included in the merger: the Egyptian Company for Mobile Services (MobiNil), the North Korean Corelink, Mena Marine Cables, and all Internet services. In January 2011, the company changed its name from "Weather Investments S.p.A." to "Wind Telecom S.p.A.". At international and regional levels, Naguib Sawiris serves, Committees and Councils: he is a member of the international advisory committee to the NYSE Board of Directors (IAC) since November 2005, board member of the International Advisory Board to the National Bank of Kuwait,President of the German-Arab Chamber of Industry and Commerce for 2008–2009, board member of the Supreme Council of Sciences and Technology formed by a presidential decree issued by the former Egyptian President Hosni Mubarak. The council's board includes Nobel laureate Dr Ahmed Zewail, Dr Farouq el-Baz and Dr Magdy Yaqoub, Co-chair, the Egyptian Italian Business Council, board member on both the Board of Trustees and the board of Directors of the Arab Thought Foundation, board of Trustees member of the French University in Cairo, board member of the Egyptian Council for Foreign Affairs, board member of the Consumer Rights Protection Association of Egypt, chairman of the Board of Endeavor. Naguib Sawiris is the recipient of numerous honorary degrees, industry awards and civic honors, including the French Legion of Honour and the prestigious Sitara-e-Quaid-e-Azam award, conferred upon him in 2006 by Pervez Musharref for services rendered to the people of Pakistan in the field of telecommunication, investments and social sector work. To put it all in a nut shell, success is going with whom who will do hard work. A person can have to be successful in life if he is ready to do hard work.