Egyptian businessman Yasseen Mansour has an estimated net worth of $2.3 billion as of 2015, according to Forbes. He is a part owner of Mansour Group. Yasseen was born in the year 1961. He graduated from George Washington University.
Yasseen Mansour runs the Mansour Group along with his billionaire brothers Mohamed Mansour and Youssef Mansour. The group owns Caterpillar dealerships in many African nations, sole rights to General Motors dealerships in Egypt and Iraq, all the McDonald’s in Egypt, distribution of L’Oreal cosmetics in Egypt, and supermarkets.
Mansour Group has interests in banking & real estate, automotive, consumer goods, education, machinery & equipment, IT & telecommunications, oil & gas, media & advertising, and transport & logistics.
Mansour is the founder of Palm Hill Developments, a publicly-traded real estate developer in Egypt. It is one of the biggest real estate developers in the country. In the year 2014, private equity firm Ripplewood bought a 2.3 percent stake in Palm Hills for an undisclosed amount. Its CEO was appointed vice chairman.
Mansour was embroiled in corruption charges following the former Egyptian president Hosni Mubarak. Later he settled all his legal issues. Mansour is married and has four children. Currently he lives in Cairo. His two brothers, Youssef and Mohamed Mansour, are also billionaires.