Mohamed Mansour
Mohamed Mansour 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 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.