Who is Mansour Ojjeh?
He is a French Saudi Arabia-born entrepreneur. He was born in June 1952. He is married to Katy Ojjeh and has one child: Sara Ojjeh. He was the owner of Tag Heuer. And he still is the owner and CEO of TAG Group. He also owns 10% of the exclusive jewelers Asprey and Garrard. Mansour Akram Ojjeh was the owner of the yacht Kogo.
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.
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.
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.
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 has a net worth of US$ 2 billion.
Akram Ojjeh Junior