Yasseen Mansour

Yasseen Mansour (Arabic: ياسين منصور; born 1961/1962) is an Egyptian billionaire businessman, part owner of the Mansour Group, and chairman of Palm Hills Developments. Mansour has multiple Credit Suisse accounts per Suisse secrets. In 2011 he was cleared of corruption charges after paying 250 million Egyptian pounds to the authorities.

Yasme Mansour
Born1961 or 1962 (age 61–62)[1]
NationalityEgyptian
EducationGeorge Washington University
Occupation(s)Part owner, Mansour Group
Children4
RelativesMohamed Mansour (brother)
Youssef Mansour (brother)

Early life

Yasseen Mansour is one of five children of Loutfy Mansour (1909-1976), the founder of Mansour Group.[1][2] Loutfy Mansour had four sons, Ismail, Youssef, Mohamed and Yasseen, and a daughter, Rawya.[2] Two of his brothers are also billionaires, Mohamed Mansour and Youssef Mansour.[1]

He earned a bachelor's degree from George Washington University.[1]

Career

In 1986, Mansour joined Mansour Motors Group.[2] He later co-founded Mansour & Maghraby Investment Development (MMID), a 60:40 partnership between his family's Mansour Group, and his cousin, former Minister of Housing, Ahmed El-Maghraby's family business, the Maghraby Group, which together are the majority owner of the large EGX listed real estate developer Palm Hills Development Company PHDC.CA.[3]

Mansour was found to have multiple Credit Suisse accounts per Suisse secrets. In 2011 Mansour was cleared of corruption charges after paying 250 million Egyptian pounds to the authorities.[4] In September 2019, Forbes estimated his net worth at US$1.5 billion.[1]

Personal life

Mansour is married with four children and lives in Cairo.[1]

References

  1. "Forbes profile: Yasseen Mansour". Forbes. Retrieved 9 February 2021.
  2. "Who We Are". Mansour Group. Retrieved 17 September 2019.
  3. "Fact Sheet: Palm Hills Development". Built Environment Observatory. 4 September 2022. Retrieved 14 January 2023.
  4. OCCRP and SüddeutscheZeitung (21 February 2022). "False Spring: Credit Suisse Had Deep Ties to Arab Elite on Eve of Historic Uprisings". Retrieved 23 February 2022.
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