Billionaire Profile
Yasseen Mansour
Global Rank
#2771

Image: Public domain | via Wikimedia Commons

Yasseen Mansour

CEO, Mansour Group
EG
Real-Time Net Worth
$1.2B
As of December 2025
Age
64
Source
Diversified
Industry
Diversified
Citizenship
EG

Biography

Yasseen Mansour, born in 1961, is an Egyptian billionaire businessman known for his diversified wealth and significant influence in the Egyptian business landscape. He is a principal shareholder in the family-owned Mansour Group, founded in 1952 by his father. Yasseen's career began in 1986 at Mansour Motors Group, and he later co-founded Mansour & Maghraby Investment Development (MMID). He earned a bachelor's degree from George Washington University. As Chairman and Group CEO of Palm Hills Developments since 2005, he has driven significant growth in the real estate sector. Mansour is also actively involved in philanthropy, co-founding the Lead Foundation and serving on the boards of various organizations, reflecting his commitment to societal contributions. As of October 2025, his net worth is estimated at $1.2 billion.

Wealth Over Time

In-Depth Profile

Early Life

Yasseen Mansour was born in 1961 in Alexandria, Egypt, into the prominent Mansour family. He is one of five children of Loutfy Mansour, who founded the Mansour Group in 1952. His early life was shaped by a family environment that encouraged innovation and hard work. He completed his higher education in the United States, earning a bachelor's degree in financial sciences from George Washington University.

Rise to Success

Yasseen Mansour's career began in 1986 when he joined the Mansour Motors Group. He later co-founded Mansour & Maghraby Investment Development (MMID). MMID is a significant shareholder in Palm Hills Development Company. Under his leadership, Palm Hills has become a leading real estate developer in Egypt.

Key Business Strategies

Yasseen Mansour's strategic vision includes diversifying the Mansour Group's portfolio. He focuses on delivering residential units tailored to diverse tastes and has developed numerous commercial and residential projects. His leadership at Palm Hills Developments has been pivotal in expanding the company's presence in the real estate market.

Philanthropy

Philanthropic endeavors are a primary pursuit for Yasseen Mansour. He is the co-founder and active member of the Lead Foundation, a joint project with the World Bank that supports the development of SMEs. He is also an active board member of the National Cancer Institute and the Secretary-General of the Future Foundation.

Career Milestones

1982

Graduated from George Washington University

Earned a bachelor's degree in Finance with a minor in Marketing.

1986

Joined Mansour Motors Group

Began his career at the family's automotive division.

1996

Co-founded Mansour & Maghraby Investment Development (MMID)

Co-founded Mansour & Maghraby Investment Development (MMID) with his cousin, Ahmed El-Maghraby.

2005

Chairman & Group CEO of Palm Hills Developments

Assumed the role and led the company to become a leading real estate player in Egypt.

2025

Appointed Non-Executive Chairman of Taaleem

Appointed chairman of Taaleem

Philanthropy & Social Impact

Economic Development

Lead Foundation

Undisclosed

Co-founder and active member; supports the development of SMEs in partnership with the World Bank

Healthcare

National Cancer Institute

Undisclosed

Active board member

Social Welfare

Takatof Association

Undisclosed

Member of the Takatof Association

Controversies & Challenges

2011

Cleared of Corruption Charges

Cleared of corruption charges after paying 250 million Egyptian pounds to the authorities