Name
Mohamed Mansour
Mohamed Mansour
Cairo, Egypt
Master of Business Administration, Auburn University
Egypt
diversified, Self Made
$2,300,000,000
1008
#1008 Billionaires 2019
#8 Africa's Billionaires 2019
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.He 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.
71
2
Add a review