Egyptian billionaire Ahmed Ezz has added an estimated $201 million to his wealth in 2025, buoyed by a sharp rise in the share price of Ezz Steel, the Middle East’s largest steel producer.
The surge has lifted the market value of his holding in the company to about $1.07 billion, reinforcing his standing as one of Egypt’s most influential industrialists and a key beneficiary of renewed momentum in the country’s construction and infrastructure sectors.
Ezz owns a controlling 66.45 percent stake in Ezz Steel, equivalent to 364,047,977 shares. Since the start of the year, that stake has steadily gained value as investors returned to stocks tied to public spending and private-sector projects. With Egypt pushing ahead on large infrastructure developments and urban expansion, steel producers have found themselves well positioned to benefit, and Ezz Steel has emerged as one of the standout performers on the local exchange.
The company’s shares have climbed more than 23 percent in 2025, rising from EGP114.52 at the beginning of the year to about EGP141 at the time of reporting. This rally has pushed Ezz Steel’s market capitalization above $1.6 billion, placing it among the strongest-performing stocks on the Egyptian Exchange this year. As a direct result, the value of Ahmed Ezz’s stake has increased from roughly EGP41.34 billion ($868.7 million) in January to about EGP50.9 billion ($1.07 billion), representing a gain of EGP9.56 billion, or approximately $201 million.
Ezz Steel’s strong market performance reflects its dominant position in Egypt’s steel industry and its growing regional reach.
