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April 9th, 2017
Yasseen Mansour

Yasseen Mansour

Yasseen Mansour, Palm Hills Developments Founder and Chairman

Yasseen Mansour is an Egyptian businessman who enjoys a net worth of $2.4 billion.

He is the youngest of the Mansour brothers but was instrumental in the rise of their family business, the much respected Mansour Group which owns the Caterpillar and General Motors dealerships.

Mansour began his professional career in 1986 with the Mansour Automotive Company.

He founded Manfoods which owns the franchisees of the fast-food giant McDonalds.

However, the bulk of his wealth comes from Mansour.

He was also one of the bigger shareholders of the real estate development company, Palm Hills Developments.

In 2011 he stepped down as the CEO of the company to serve as its Chairman.

Mansour Group owns the sole rights for Caterpillar dealerships in Egypt, Russia and other African countries.

In addition, Mansour Group owns General Motors dealerships in Egypt and Iraq.

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