Rank #1059
Mohamed Mansour
Net worth $4.0B
Diversified · Egypt
- Born
- Jan 23, 1948
- Age
- 78
- Source
- Diversified
- Residence
- London
- Citizenship
- Egypt
- Marital status
- Married
- Children
- 2
- Education
- Master of Business Administration, Auburn University; Bachelor of Science, North Carolina State University
Net worth over time
Biography
- Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (d. 1976) in 1952 and has 60,000 employees.
- Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GM's biggest distributors worldwide.
- Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries.
- Mansour, who has both Egyptian and U.K. citizenship, served as Egypt's minister of transportation from 2006 to 2009 under the Hosni Mubarak regime.
- His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital.
- Mansour's father lost his fortune when Egypt's then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964.
- Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college.
Financial assets
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