What is Youssef Mansour's Net Worth?
Youssef Mansour is an Egyptian businessman who has a net worth of $2.9 billion. Along with his two brothers Mohamed and Yasseen, Youssef is a part owner of the Egyptian conglomerate Mansour Group. He started his professional career after he received two degrees from North Carolina State University and an MBA from Auburn University. Having completed his education, he moved to New York and pursued a career in investment banking. He returned to Egypt in 1976. Keeping a low profile, Youssef was responsible for building Egypt's largest supermarket chain, Metro, which has grown to a network of almost 40 branches.
From 1976 to 1981, he served as the CEO of the Loutfy Mansour Trading Company, the Chevrolet dealer in Egypt and part of General Motors. Then he was named as chairman and CEO of Mantrac until 1992. Next, he was appointed as chairman of Mansour Holding Company for Financial Investments and he is still holding this position. In 2006, he was assigned as chairman of Mansour Automotive Company, where he stayed until the end of 2009. Additionally, Youssef is one of the founding members of the American Chamber of Commerce in Egypt. In November 2012, he was ranked as the 14th richest person on the Forbes African Billionaires List and it was the first time for him to appear on the list together with his brothers.
