Early Life and Education
Youssef Mansour was born on May 21, 1944, in Alexandria, Egypt. He comes from a prominent family in Egypt. He has two billionaire brothers, Mohamed Mansour and Yasseen Mansour. Mansour received a strong education, earning a Bachelor of Science in Engineering from North Carolina State University and an MBA from Auburn University in 1972.
Rise to Success
Youssef Mansour joined the family business, Mansour Group, which was founded by his father Loutfy Mansour in 1952. The family's assets were seized in the 1970s, leading to time in Sudan and Switzerland, where Loutfy rebuilt his cotton business. The Mansour Group has grown into a global conglomerate with over 60,000 employees and operations in over 100 countries. Mansour Group is the largest GM distributor in the world, excluding China, and is a significant player in the automotive, consumer goods, and real estate sectors.
Key Business Strategies
Key business strategies include long-term partnerships with brands like General Motors, Peugeot, and Caterpillar. The Mansour Group has been named the leading Arab family business. The company has expanded into diverse sectors through its various subsidiaries, Al Mansour Automotive, Mantrac, Al Mansour Holding Company for Financial Investments, and Manfoods.
Philanthropy
Youssef Mansour is a philanthropist. He is involved in the American Egyptian Chamber of Commerce and other business councils. The Mansour Group is involved in educational programs and community development projects, including a community center for the Bedouin people. The Mansour Foundation also supports various charitable causes.