Egyptian business tycoon Youssef Mansour had an estimated net worth of $2.9 billion as of 2015, according to Forbes. As of October 18, 2018, his net worth declined to $1.4 billion. He is part-owner of Mansour Group.
Youssef was born in the year 1945. He studied at the North Carolina State University and the Auburn University. He owns a stake in Mansour Group, a global corporation that was founded in 1950s by the late Loutfy Mansour. It derives the bulk of its value from its caterpillar dealerships in Russia and several African nations.
Mansour Group operates an array of multinational companies in more than 120 nations, and employs over 60,000 people worldwide. It is one of the largest private sector conglomerates in the Middle East and Africa. Its strategic long-term alliances range from McDonald’s, Caterpillar, General Motor, Imperial Tobacco and UPS.
Youssef Mansour is responsible for the company’s consumer goods division, which includes the Metro supermarket chain, tobacco brands and McDonald’s restaurants in Egypt. Metro is one of Egypt’s largest supermarket chains, with more than 40 outlets in around 10 cities. Manfoods, which solely operates for McDonald’s, was established in 1994.