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Youssef Mansour Edit Profile

businessman

Youssef Mansour, the older brother of Egyptian billionaire businessmen Mohamed and Yasseen. Youssef is responsible for building Egypt's largest supermarket chain, Metro, but now devotes time to the family foundation which targets illiteracy and education. The bulk of his fortune comes from the family's business as the largest seller of GM vehicles in the world, and strong sales of Caterpillar machines.

Education

He received two degrees from North Carolina State University: the first in Textile Technology and the second in Textile Chemistry;

Master of Business Administration, Auburn University

Career

After receiving an MBA from Auburn University he moved to New York and pursued a career in investment banking, returning to Egypt in 1976.

He deserves sizable credit in giving Mansour the reputation of being the retail kings of local business, stemming from his focus on how to benefit the local economy and bring the best out of it. For him, the process is very simple: bringing in top quality international brands, fully activating the Egyptian economy and providing numerous employment opportunities. He developed this concept further by opening the first local supermarket chain - Metro, which is 100% Egyptian, and has grown to a network of almost 40 branches.

His background justifies his retail brilliance: from 1976 till 1981 he was the Chief Executive Officer of the Loutfy Mansour Trading Company, the Chevrolet dealer in Egypt and part of General Motors. As part of the Mansour system of rotating governance amongst its family members, he was next appointed as Chairman and Chief Executive of Mantrac until 1992. He then returned to his initial passion for financial investment and was assigned as Chairman of Mansour Holding Company for Financial Investments from 1992 to date. In 2006 he was also appointed as Chairman of Mansour Automotive Company until the end of 2009. Youssef Mansour is also accredited for being one of the founding members of the American Chamber of Commerce in Egypt.

Achievements

  • Egypt’s largest supermarket chain- Metro, which is 100% Egyptian, and has grown to a network of almost 40 branches.

  • Mansour Group is the largest seller of General Motors vehicles on earth.