Here is everything you need to know about Mohamed Mansour Biography, Net Worth, Family, Siblings, and Latest News.
Mohamed Mansour (born 1948) is an Egyptian billionaire businessman and former politician.
He is the chairman of Mansour Group, a US$6 billion conglomerate that is the second largest company in Egypt by revenue. In November 2019, Forbes estimated his wealth at $2.3 billion.
Mohamed Mansour was born into one of the most prominent business families in Alexandria. The family business, Mansour Group, controls nine of Egypt’s top Fortune 500 companies, though it needed to survive the nationalization and confiscation of its assets in 1965.
Mansour gained an engineering degree from North Carolina State University in 1968, and a master’s in business administration from Auburn University in 1971, teaching there until 1973
With his two brothers, Mansour maintained an active role in the Mansour Group, the family business, building close ties as distributors for US companies including Chevrolet, Marlboro, General Motors and Caterpillar.
Some of his other interests include Metro, the largest Egyptian supermarket chain, and McDonald’s franchises in Egypt
Mansour has led the group since his father died in 1976.
Since then, he has overseen all the major corporate developments, including setting up the company’s private investment subsidiary Man Capital in London.
In January 2006 Mansour resigned his business responsibilities to serve as minister of transport.He resigned in October 2009 after a deadly train crash
Mohamed Mansour Biography, Net Worth, Family, Siblings, and Latest News Summary
Mohamed Mansour is an Egyptian businessman and former politician.
Mansour as a businessman is the chairman of Mansour Group, a 6 billion USD, conglomerate that is the second largest company in Egypt by revenue. Mansour ascended into politics as the Minister of Transport. But he famously resigned after a deadly crash took place under his watch.
Meanwhile, Mohamed Mansour’s family has a long history of business achievements. His family controlled the Mansour Group, which operated nine of Egypt’s top Fortune 500 companies.
According to Forbes (November 2016), they estimated the net worth of Mohamed Mansour to be 4.1 Billion USD. The net worth has since placed his name among the top richest politicians in Egypt and the world in general.
Mansour had his successful educational career at North Carolina State University and Auburn University.
He was born in Alexandria, Egypt in 1948.
Mansour Parents is Loutfy Mansour. Whereas his siblings are Yasseen Mansour, Youssef Mansour, and Rawya Mansour.
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