Mohamed Mansour (businessman): Difference between revisions

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| occupation = Chairman, [[Mansour Group]]
| occupation = Chairman, [[Mansour Group]]
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| networth = [[United States dollar|$]]2.5 billion (May 2016)<ref name=Forbes>{{cite web|title=Mohamed Mansour|url=http://www.forbes.com/profile/mohamed-mansour/|website=Forbes|accessdate=11 May 2016}}</ref>
| networth = [[United States dollar|$]]2.6 billion (September 2016)<ref name=Forbes>{{cite web|title=Mohamed Mansour|url=http://www.forbes.com/profile/mohamed-mansour/|website=Forbes|accessdate=13 September 2016}}</ref>
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'''Mohamed Mansour''' is an Egyptian businessman and former politician. He is the Chairman of [[Mansour Group]], a $6B conglomerate that is the second largest company in Egypt by revenue. In 2016, Forbes estimated his wealth at $2.6B.<ref>{{cite web|url=http://www.forbes.com/profile/mohamed-mansour/ |title=#688 Mohamed Mansour|publisher=forbes.com |date=2016-09-13 |accessdate=2016-09-13}}</ref>
'''Mohamed Mansour''' is an Egyptian businessman and former politician.


==Early life==
==Early life==
Mohamed Mansour was born into one of the most prominent business families in [[Alexandria]]: the [[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.<ref name=Ahram>Ibtessam Zayed & Salma Hussein, 'Mohamed Mansour: A tarnished captain of industry', ''[[Ahram Online]]'', 10 March 2011</ref>
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.<ref name=Ahram>{{cite web|url=http://english.ahram.org.eg/NewsContent/3/0/6724/Business/Mohamed-Mansour-A-tarnished-captain-of-industry.aspx |title=Mohamed Mansour: A tarnished captain of industry|publisher=ahram.org.eg |date=2011-03-10 |accessdate=2016-09-13}}</ref>


Mansour gained an engineering degree from [[North Carolina State University]] in 1968, and a Masters in business administration from [[Auburn University]] in 1971, teaching there until 1973.
Mansour gained an engineering degree from [[North Carolina State University]] in 1968, and a Masters in business administration from [[Auburn University]] in 1971, teaching there until 1973.<ref name=bloomberg>{{cite web|url=http://www.bloomberg.com/research/stocks/private/person.asp?personId=131353694&privcapId=116958316 |title=Mohamed Mansour|publisher=bloomberg.com |date= |accessdate=2016-09-13}}</ref>


==Career==
==Career==
With his two brothers, Mansour maintained an active role in the family business, building close ties as distributors for US companies including [[Chevrolet]], [[Marlboro (cigarette)|Marlboro]], [[General Motors]] and [[Caterpillar]].<ref name=Ahram/> Other interests include Metro, the largest Egyptian supermarket chain, and [[McDonald's]] franchises in Egypt.<ref name=Forbes/>
With his two brothers, Mansour maintained an active role in the Mansour Groupo, the family business, building close ties as distributors for US companies including [[Chevrolet]], [[Marlboro (cigarette)|Marlboro]], [[General Motors]] and [[Caterpillar]].<ref name=Ahram/> Other interests include Metro, the largest Egyptian supermarket chain, and [[McDonald's]] franchises in Egypt.<ref name=Forbes/>


Mansour has led the group since his father died in 1976.<ref>{{cite web|url=http://www.forbes.com/sites/zinamoukheiber/2011/02/01/egyptian-billionaire-family-caught-in-the-crosshairs-of-egypts-history/#68632a4c5cdc |title=Egyptian Billionaire Family Caught In The Crosshairs Of Egypt's History|publisher=forbes.com |date=2011-02-01 |accessdate=2016-09-13}}</ref> Since then, he has overseen all the major corporate developments, including setting up the company's private investment subsidiary [[Mansour Group#Man Capital|Man Capital]] in London.<ref>{{cite web|url=http://www.euromoney.com/Article/3560376/Wealth-management-Mansours-new-style-of-family-office.html |title=Wealth management: Mansour's new style of family office|publisher=euromoney.com |date=2016-06-01 |accessdate=2016-09-13}}</ref>
In January 2006 Mansour resigned his business responsibilities to serve as minister of transport. He resigned in October 2009 after a deadly train crash.<ref name=Ahram/> The Mansour Group is expanding outside Egypt.<ref name=Forbes/>

In January 2006 Mansour resigned his business responsibilities to serve as minister of transport.<ref name=bloomberg/> He resigned in October 2009 after a deadly train crash.<ref name=Ahram/>


==Personal life==
==Personal life==

Revision as of 23:37, 13 September 2016

Mohamed Mansour
Born1948
Egypt
NationalityEgyptian
Alma materNorth Carolina State University
Auburn University
Occupation(s)Chairman, Mansour Group
Children2
RelativesYoussef Mansour (brother)
Yasseen Mansour (brother)

Mohamed Mansour is an Egyptian businessman and former politician. He is the Chairman of Mansour Group, a $6B conglomerate that is the second largest company in Egypt by revenue. In 2016, Forbes estimated his wealth at $2.6B.[2]

Early life

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.[3]

Mansour gained an engineering degree from North Carolina State University in 1968, and a Masters in business administration from Auburn University in 1971, teaching there until 1973.[4]

Career

With his two brothers, Mansour maintained an active role in the Mansour Groupo, the family business, building close ties as distributors for US companies including Chevrolet, Marlboro, General Motors and Caterpillar.[3] Other interests include Metro, the largest Egyptian supermarket chain, and McDonald's franchises in Egypt.[1]

Mansour has led the group since his father died in 1976.[5] Since then, he has overseen all the major corporate developments, including setting up the company's private investment subsidiary Man Capital in London.[6]

In January 2006 Mansour resigned his business responsibilities to serve as minister of transport.[4] He resigned in October 2009 after a deadly train crash.[3]

Personal life

He is married with two children and lives in Cairo.[1]

References

  1. ^ a b c "Mohamed Mansour". Forbes. Retrieved 13 September 2016.
  2. ^ "#688 Mohamed Mansour". forbes.com. 2016-09-13. Retrieved 2016-09-13.
  3. ^ a b c "Mohamed Mansour: A tarnished captain of industry". ahram.org.eg. 2011-03-10. Retrieved 2016-09-13.
  4. ^ a b "Mohamed Mansour". bloomberg.com. Retrieved 2016-09-13.
  5. ^ "Egyptian Billionaire Family Caught In The Crosshairs Of Egypt's History". forbes.com. 2011-02-01. Retrieved 2016-09-13.
  6. ^ "Wealth management: Mansour's new style of family office". euromoney.com. 2016-06-01. Retrieved 2016-09-13.