Ahmad Ezz, a senior member of Mubarak's National Democratic Party and the country's top steel magnate was sentenced to 10 years and fined 660 million Egyptian pounds ($110 million), according to a live broadcast on state television.
Former minister of foreign trade Rashid Mohammad Rashid was sentenced in absentia to 15 years.
Rashid, who is the subject of an international arrest notice, has already been sentenced to five years for squandering public funds and five years for embezzlement in previous cases. His whereabouts are unknown.
The former president and his two sons are currently on trial on murder and corruption charges.