Egyptian businessman and former politician Mohamed Mansour had a net worth of $4 billion as of 205, according to Forbes. As of October 2018, his net worth declined to $2.7 billion. This self-made billionaire was born into one of the most prominent business families in Alexandria.
Mohamed was born in the year 1948 in Egypt. He earned his engineering degree from North Carolina State University in 1968, and MBA from Auburn University in 1971.
Mohamed Mansour’s family business, the Mansour Group controls nine of Egypt’s top Fortune 500 companies. After completing his education, He played an active role in the family business. They are distributors for reputed American companies like Marlboro, Chevrolet, Caterpillar and General Motors.
Other interests of the Mansour Group include Metro, the largest Egyptian supermarket chain, and McDonald’s franchise in Egypt. The private equity arm of the business has invested more than $500 million outside Egypt in various businesses, including education, telecom and real estate in Missouri, United States.
Mohamed Mansour served Egypt as its minister of transport from January 2006 to October 2009. He resigned in October 2009 after a deadly train crash.