What is Mansour Ojjeh’s net worth?Career exploration for McLaren shareholders
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We explore the net worth and career of former McLaren co-owner Mansour Ojjeh, news of his death Closed this June.
A statement read: “It is with deep sadness that the McLaren team announces the passing of Mansour Ojjeh, a shareholder in McLaren since 1984. Mr Ojjeh passed away peacefully this morning in Geneva at the age of 68. The team sent it to the family in the company of . The most sincere condolences.”
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It is with deep sadness that McLaren Racing announces the passing of Mansour Ojjeh, a shareholder in McLaren since 1984.
Mr Ojjeh passed away peacefully this morning in Geneva at the age of 68 with his family by his side and the team’s sincerest condolences. pic.twitter.com/yAmp4apuYl
— McLaren (@McLarenF1) June 6, 2021
Mansour Ojjeh: Net Worth in 2021
Mansour Ojjeh’s net worth at the time of his death was it is said $3.2 billion.
The French and Saudi Arabian businessman’s fortune comes largely from his role as CEO of Tech d’Avant Garde (TAG). TAG was founded in 1977 by Mansour’s father, Akram Ojjeh. TAG is an investment firm focused on advanced technology. The company also represents deals between Saudi Arabia and France, especially defense systems and weapons.
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Mansour Ojjeh and the McLaren Group
Mansour Ojjeh first got involved in Formula 1 in 1979, when the TAG Group sponsored Williams. In 1984, after being seduced by Ron Dennis, he jumped to McLaren.
Ron Dennis and Mansour Ojjeh remain close friends, and it was through Ron that Mansour acquired his stake in the group.
after ron dennis Controversial Exit From McLaren, Mansour bought some of his shares.
The TAG Group, which owns a little more than 14% of McLaren’s parent company, has been an important figure in the team’s expansion. This is the second largest share after Bahrain’s Mumtalakat Holdings.
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