Mansour Family (Egypt)
Net Worth: $5.6 Billion
Mohamed Mansour superintends over the family’s business empire – Mansour Group (formerly Loufty Mansour and Sons). Mansour Group was founded by Loufty Mansour, the family’s patriarch who died in 1976. Long after his death, the legacy he built still stands till this day. Mohamed established a dealership with General Motors in 1975 and is now the sole distributor of GM vehicles and Caterpillar products in Egypt and some other countries. He was a former minister of transportation in Egypt (2006 – 2009). Mohamed is the 12th billionaire in Africa and 1238 in the world with a net worth of $2.9 Billion
Youssef Mansour is the Chairman of the family’s business. He controls the consumer goods arm of the business, which includes sole distribution rights for L’Oreal in Egypt and supermarket stores. Youssef is the 15th richest person in Africa and the 1,929 in the world, with a net worth of $1.6 Billion
Yasseen Mansour is a part-owner of the family business. He is the Chairman of Palm Hills Developments, Egypt’s leading real estate developer, possessing one of the largest and most developed land banks of 29 million square miles. Yasseen is the 18th billionaire in Africa and 2448 in the world, with a net worth of $1.1 Billion.
