When Mohamed Mansour stepped down as Egypt’s minister of transport in 2009, he was at a loose end. The cotton-trading business his father founded in 1952 had long been transformed into one of the world’s great private firms, Mansour Group, with industrial, banking and retail operations stretching from Sweden to Siberia to Singapore.
It was highly profitable, turning over $6 billion in annual revenues. Money was not an issue for the 67-year-old billionaire or his extended family in London and Cairo – nor was it ever likely to be.
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