8. Shafik Gabr
Shafik Gabr holds the ARTOC conglomerate that has interests in the prefabricated factories, steel fabrications and provides the logistical services to oil and gas companies. Political instability in Egypt spoils his business, with the reducing revenues of 20 percent in 2012 and declining the US $300 million in Gabr’s net worth. Shafik Gabr estimated net worth is US $ 720 million and he is ranked at No. 8 in the list of top 10 richest people of Egypt.