What was Mansour Ojjeh’s net worth?
Mansour Ojjeh was a French-Saudi businessman, investor, and motorsport executive who had a net worth of $3.2 billion at the time of his death. Mansour Ojjeh was best known for his nearly four-decade-long partnership with McLaren. As the longtime CEO and principal shareholder of TAG Group (Techniques d’Avant Garde), Ojjeh helped shape the modern era of Formula One and luxury automotive design, transforming McLaren from a race team into one of the world’s premier technology and performance brands. A visionary investor with a deep passion for engineering, competition, and design, he was both a quiet power broker and a revered figure in the paddock—respected by drivers, engineers, and executives alike.
Early Life and Career
Mansour Akram Ojjeh was born in 1952 in Paris, France, to a wealthy and influential Saudi family. His father, Akram Ojjeh, was a prominent businessman and arms broker who helped establish close commercial ties between Saudi Arabia and France during the 1970s. Mansour was raised between Paris and Jeddah, moving fluidly between European and Middle Eastern cultures. Educated in Switzerland and the United States, he spoke several languages and developed an early fascination with aviation, engineering, and automobiles.
In the late 1970s, Ojjeh inherited control of the TAG Group, a Luxembourg-based investment company founded by his father. Under his leadership, TAG diversified into aviation, luxury goods, hospitality, and motorsport. His business philosophy combined analytical precision with personal passion—qualities that would define his landmark investments in Formula One and McLaren.
TAG and Formula One
Ojjeh’s involvement in Formula One began in 1978 when TAG sponsored the Williams team, leading to world championships for Alan Jones in 1980 and Keke Rosberg in 1982. His early success as a sponsor gave him a deeper appreciation for the sport’s technical and human challenges.
In 1983, Ojjeh met McLaren team principal Ron Dennis, and the two formed a partnership that would change the face of Formula One. Through TAG, Ojjeh financed the development of McLaren’s new turbocharged engine, built by Porsche. The collaboration—branded as the TAG-Porsche—proved immediately successful. McLaren dominated the 1984 season, winning 12 of 16 races, with Niki Lauda claiming the drivers’ championship and Alain Prost finishing just half a point behind.
From there, McLaren entered a golden age. With Ojjeh’s financial backing and business insight, McLaren won 10 drivers’ titles and nine constructors’ championships, with legends like Ayrton Senna, Prost, Mika Häkkinen, and Lewis Hamilton. Behind the scenes, Ojjeh was known for his loyalty, discretion, and love of the sport. Though rarely in front of cameras, his influence permeated every major McLaren decision, from sponsorships and technology partnerships to team strategy and executive leadership.
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Health Struggles and Later Involvement
In 2013, Ojjeh underwent a double lung transplant after a long illness. Following his recovery, he gradually reduced his day-to-day involvement with McLaren but continued to serve as a shareholder and advisor. He remained instrumental in key strategic moments, including the 2017 boardroom reshuffle that saw longtime McLaren boss Ron Dennis depart the company.
Until his death in June 2021 at age 68, Ojjeh was remembered by colleagues as “a true racer” who combined competitiveness with sportsmanship. Formula One leaders, including Lewis Hamilton, Toto Wolff, and Zak Brown, paid tribute to his generosity, intelligence, and unwavering dedication to the sport.
McLaren Collection
Beyond his role in the boardroom, Mansour Ojjeh’s passion for cars manifested in one of the world’s greatest private McLaren collections. Built over several decades, his 20-car ensemble was a living history of McLaren’s engineering excellence—from early racing prototypes to the company’s most advanced hypercars.
The collection included a 1998 McLaren F1, widely regarded as the greatest road car ever built, alongside numerous other McLaren masterpieces: a 2015 P1, P1 GTR, 2021 Speedtail, 2021 Sabre, three 2020 Sennas, 2022 720S Le Mans, 2016 675LTs, 765LT Coupe and Spider, Elva, and others. Nearly all were finished in a unique deep-orange hue originally inspired by a dessert wine but later dubbed “Mansour Orange” by McLaren’s design department.
Of the 20 cars, only two had ever been driven—the F1, which showed roughly 1,100 miles on the odometer, and the P1 GTR, which was occasionally track-run and once used by Lewis Hamilton to give Ojjeh’s children hot laps. The rest remained in immaculate, factory-delivered condition, preserved as rolling art pieces.
After Ojjeh’s death, the entire collection was placed for sale through dealer Tom Hartley Jr. and, in August 2025, was sold intact to a single anonymous buyer for an undisclosed sum estimated to exceed $70 million. Both the broker and Ojjeh’s family were adamant about keeping the cars together as one cohesive collection—a testament to Mansour’s lifelong devotion to McLaren’s engineering legacy.
Real Estate
Like many international business figures of his stature, Mansour Ojjeh maintained homes and properties across several countries, reflecting his cosmopolitan lifestyle and love of design. He was long based in Geneva, Switzerland, where TAG Group had corporate operations and where he spent most of his later years.
Ojjeh also owned property in Paris, near the Avenue Foch district, one of the city’s most exclusive neighborhoods, and was associated with luxury real estate holdings in London and on the French Riviera, including a residence in Saint-Jean-Cap-Ferrat, an enclave known for attracting Europe’s wealthiest families.
In March 2019, Ojjeh listed a 3,500-acre ranch in Santa Barbara, California, for $110 million.
While discreet about his private life, Ojjeh was known to invest in architectural and design-forward properties that mirrored his taste for elegance and precision—the same aesthetic sensibilities that informed McLaren’s cars and his personal art collection.
Personal Life and Legacy
Mansour Ojjeh was married to Kenza Ojjeh, and together they had several children, including Sultan Ojjeh, who succeeded his father on the McLaren board after his death. Friends and colleagues described Mansour as warm, witty, and understated—a man who preferred quiet influence over public attention.
In Formula One, he will forever be remembered as one of the great patrons of the sport: a man who combined business acumen with genuine love for racing. His partnership with McLaren reshaped how Formula One teams operated—blending corporate sophistication with competitive passion—and laid the groundwork for the team’s long-term success.
Through his legacy at TAG Group, his extraordinary McLaren collection, and his enduring influence on the culture of motorsport, Mansour Ojjeh left behind a rare dual legacy: that of both a visionary investor and a true racer at heart.
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