Who was Mansour Ojjeh?
He was a French Saudi Arabia-born entrepreneur. He was born in June 1952. He died June 6, 2021. He was married to Katy Ojjeh and has one child: Sara Ojjeh. He was the owner of Tag Heuer. And until his death he was the owner and CEO of TAG Group. He also owned 10% of the exclusive jewelers Asprey and Garrard. Mansour Akram Ojjeh was the owner of the yacht Kogo.
TAG Group
TAG Group S.A. is a private holding company based in Luxembourg. TAG was founded in 1997 by his father Akram Ojjeh. The company is famous for the TAG Heuer brand. (Which they sold). TAG owns 21% of the McLaren Technology Group.
McLaren F1
The most famous asset of the group is the McLaren Formula One team. In 1985, TAG Group purchased Swiss watchmaker Heuer. The brand name TAG Heuer was formed.
Under TAG Group’s ownership, TAG Heuer modernized its product line and increased worldwide sales.
Tag Heuer watches are known for their high quality and sophisticated technology. Clients include billionaires and royal families.
TAG Heuer
LVMH purchased TAG Heuer in 1999 for USD 740 million. TAG sponsored Williams in the early 1980s. And then supplied McLaren with TAG Turbo Engines with the help of Porsche in the mid 1980s.
The McLaren relationship continues to this day. With the TAG Group holding a stake in the McLaren Group.
TAG Aviation
The TAG Group includes Tag Aviation. It is a private jet and business jet charter company. Tag also owns a hotel, named Aviator. TAG Aeronautics holds the distributorship of Bombardier business jets. In the Middle East and Turkey. TAG is the acronym of Techniques d’Avant Garde.
Mansour Ojjeh Net Worth
He had a net worth of US$ 2 billion.
Death
He died June 6, 21, aged 68. No cause of death was released, but it was known he had some lung issues. He had a double long transplant in 2013.
Akram Ojjeh Junior
Resources
wikipedia.org/MansourOjjeh
wikipedia.org/Techniques_dAvant_Garde
www.tagaviation.com
wikipedia.org/TAG_Heuer
virtualglobetrotting.com/mansourojjehs-house/
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