Official data has revealed that Egypt‘s billionaire Nassef Sawiris has acquired a stake in the company that owns the Italian football club Juventus
According to the official website of Exor, the company that holds ownership of Juventus, the billionaire has been listed as a member of its Board of Directors.
Since the beginning of this year, the Egyptian billionaire has seen his fortune grow by approximately $270 million, positioning him at number 297 among the world’s richest individuals.
As of the beginning of trading on Thursday, June 27, 2024, Sawiris’ net worth had surged to $8.68 billion.
Exor‘s website states that its Board of Partners comprises highly successful business leaders from a diverse array of companies, nationalities, backgrounds, and experiences.
This group is expected to bring additional expertise and insights to Exor, contributing to discussions on potential new business opportunities.
The board includes:
- John Elkann, CEO of Exor
- Daniel Ek, Co-founder and CEO of Spotify
- Jony Ive, Co-founder of LoveFrom
- Michael Larson, Chief Investment Officer, Cascade Asset Management Company
- Jorge Paulo Lemann, Controlling Shareholder of AB-InBev
- Ruth Porat, CFO and Senior Vice President of Alphabet and Google
- Mitchell P. Rales, Co-founder and Chairman of Danaher
- Nassef Sawiris, CEO of OCI Global, representing NNS Group
- Neil Shen, Founding and Managing Partner of Sequoia Capital China
- Rob Speyer, CEO of Tishman Speyer
- Joseph Tsai, Co-founder and Executive Vice Chairman of Alibaba Group
- Mike Volpi, Co-founder and Partner at Index Ventures
- Ruth Wertheimer, Founder and Chair of 7-Main
Sawiris’ involvement with Exor and Juventus marks a significant addition to his diverse investment portfolio, which includes various sectors such as construction, fertilizers, and sports.
His strategic move into the football industry underscores his expanding influence and commitment to global business ventures.
