Mohamed Mansour

NET WORTH 2021: $2.5 billion

Mansour, the co-chair of Egypt’s Mansour Group, was an early-stage investor in Silicon Valley technology companies like Facebook, Airbnb, Snowflake, Twitter, Uber, Spotify, as well as China’s Didi Chuxing and U.K.-based Deliveroo. He has since divested many of his equity positions and holds a few large tech stocks. The Egyptian billionaire invests in startups through his California-based venture capital firm, 1984 Ventures, and the Mansour family’s London-based family office MAN Capital. Mohamed serves as founder and chairman of MAN Capital.

In 2017, medical diagnostics provider Integrated Diagnostics Holdings (IDH) and MAN Capital partnered with the International Finance Corporation (IFC) to invest in Nigeria’s Echo-Scan. Dynasty Group Holdings—a joint venture between IDH and MAN Capital—and the IFC invested $25 million to expand the African healthcare company’s footprint and quality standards.

More recently, in January 2021, MAN Capital formed a new entity called MAN Sports to acquire Right To Dream, an opportunity-creating ecosystem of football academies, professional football clubs, and partnering higher educational institutions. The first project from the $119.1 million partnership will see the development of an academy in Egypt, for boys and girls, following the same model as the successful academies in Ghana and Denmark. Supporting the Government’s national development plan, “Egypt 2030,” the Egyptian academy will be located in West Cairo. Construction is expected to begin early this year, ready to welcome its first group of children in 2022.