Mohamed El Kashashy Net Worth 2023: How Egyptian Businessman Makes His Money!

Mohamed El Kashashy is an Egyptian businessman, has achieved remarkable success in various industries throughout his career. With an impressive background that includes holding senior positions at well-known companies like Coke, Proctor & Gamble, Gillette, and McKinsey, as well as working with the Dubai Government, El Kashashy has gained expertise across diverse sectors.

In 2011, he took a significant step in his entrepreneurial journey by founding Think Food LLC. Since then, he has become a prominent figure in the business world and has recently garnered attention for his bid to acquire Burnley FC, a renowned football club. As we explore Mohamed El Kashashy’s net worth in 2023, it becomes clear that his sharp business skills and strategic pursuits have played a crucial role in his financial achievements.

What Is Mohamed El Kashashy Net Worth In 2023?

Mohamed el kashashy net worth in 2023 is not available right now. But On 8 November 2020, the Sunday Mirror claimed El Kashasky is worth £9.65 billion, by coincidence, the same as they quoted for Abramovich. Oddly, Forbes doesn’t record this. This is the complete list of Egyptian billionaires according to Forbes (28 June 2020):

Global ranking	Name	Citizenship	Net worth (USD)
330	Nassef Sawiris	Egypt	5 billion
590	Mohamed Mansour	Egypt	3.3 billion
680	Naguib Sawiris	Egypt	3 billion
945	Yasseen Mansour	Egypt	2.2 billion
1135	Youssef Mansour	Egypt	1.9 billion
1513	Mohamed Al Fayed	Egypt	1.4 billion

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Mohamed El Kashashy Early Life And Career

Mohamed El Kashashy was born in September 1978. He worked in “senior” positions at Coke, Proctor & Gamble, Gillette, McKinsey, and the Dubai Government before starting his own company, Think Food LLC, in 2011.

Think Food LLC, owned by El Kashashy, seems to have nothing to do with the world Think Food Group, which was started by José Andrés in 1993. Strangely, the most current websites about Think Food LLC were from 2014, when it had five restaurants or cafes in the UAE. People might expect to find more current information if Think Food LLC is the source of his wealth and where it stays.

El Kashashy has a Bachelor’s degree in business administration and management from the American University in Cairo. He also has a Master’s in business administration from the IE Business School in Madrid. He probably didn’t start his job before the year 2000.

A 2007 article in the Washington Times backs up this timeline. It says he lived in Dubai for six years and worked in brand management and marketing before moving back to Egypt in 2007 to work for a foreign media company in Cairo. This means he spent an average of two years in these management positions. This is different from what most people would consider loyalty; it is the kind of track record that can make employment professionals suspicious.

A professional hire researched and found that El Kashashy was a junior marketer at Coke (possibly at a lower-level bottling company) and a regular brand manager at P&G (with limited access). These are not at all high-level jobs. Also, he is separate from McKinsey’s alum network, which is unusual for someone who has held a senior post there, especially if they are trying to start their own business.

El Kashashy might be interested in banking services. The fact that he was called a banker in a Daily Mail article on June 22, 2020 (see quote below) is considered a mistake. However, a section in the October 29, 2020 issue of LancsLive was taken from his LinkedIn profile, which called him a “Strategic Private Equity Director” and said in the “About” section: “Experience includes working with private equity investors/boards, improving performance and profitability with decisive change management and growth leaders.” This is obscure enough that it might have some truth to it.

In the same story, it was also said that he was the managing partner of Beta-Infra, which seems to be a company in Rio de Janeiro, Brazil, whose only way to contact them is through Facebook.

Burnley FC Takeover Bid

On June 22, 2020, Egyptian Businessman Mohamed El Kashashy is about to buy Burnley in a deal worth about £200 million. On June 27, 2020, El Kashashy was seen attending a game at The Valley. On July 3, 2020, it was revealed that he was a part of Paul Elliott’s group that planned to buy Charlton Athletic from the owners at the time, Nimer and Southall. Elliott wrote back to Charlton Athletic Supporters’ Trust, saying, “Mohammed is part of the consortium.” Chris Farnell and I have both known him for a long time.

On 7 August 2020, the EFL tweeted the following statement:

“At its meeting earlier this week, the EFL Board was asked to consider Owners’ and Directors’ Test (OADT) applications lodged by Charlton Athletic in respect of a number of different individuals. “Following a full and comprehensive appraisal of all the relevant matters the Board determined that three individuals were subject to a Disqualifying Condition and the EFL declined to approve their applications. “Those individuals have 14 days to appeal the decision. The EFL continues to consider applications from other individuals under the OADT.”

When it was announced on December 22, 2020, that El Kashashy and Farnell had dropped out of the running to buy Burnley Football Club, it was said that they mentioned a need for more communication from Clarets chairman Mike Garlick. However, there seems to have been a more important reason why they couldn’t move forward.

They also said they had signed a Sales and Purchase Agreement and shown proof of funds while waiting for the Premier League to tell them if they were “fit and proper” to own the team. Even though they had not failed the test, they did not know if they had passed it until two months after it was made public that they were interested in Burnley.

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