Majid Al Futtaim is the founder of an entertainment and retailing giant popularly called MAF (Majid Al Futtaim Group). In the year of 1992, he operated and owned 26 malls and 13 hotels as well. These all the malls are owned in Dubai country which also includes, Mall of the Emirates and the Mall of Egypt situated in Cairo.
Majid Al Futtaim Age
Majid Al Futtaim was born in 1935 in Dubai, he was raised by his parents and he has an elder brother, his name is “Abdulla Al Futtaim”
Majid Al Futtaim was well known as a billionaire businessman, he completed many projects in Africa and Asia as a retail conglomerate and real estate as Emirati.
Majid Al Futtaim Business
The Majid Al Futtaim family is involved in this business sector, his cousin is the head of the Al-Futtaim group, his name is Abdulla Al Futtaim later this person became estranged. The Al-Futtaim group till now has 15 international markets with more than 33k employees.
In 1992, he started his empire after his cousin’s empire was split up, Majid Al Futtaim has completed his graduation in the Mechanical Engineering department from an Indian university named “Aligarh Muslim”.
Majid Al Futtaim’s companies are very notable properties which include all the malls of Emirates with a complete indoor ski slope. The Egypt mall was opened in the year of 2017, March. He also owns Yacht Quattroelle which was built by Lurssen for Michael Lee-Chin in the year 2013 and was sold to Majid Al Futtaim in 2014. Right now, it is having a crew with 29 people.
Majid Al Futtaim Wife
Majid Al Futtaim never revealed his details to the public. He always wanted a private life. He has a son,his name is Tariq Al Futtaim. Right now, he is working for the Majid Al Futtaim Group on the board.
Majid Al Futtaim Net Worth
His net worth according to Forbes is estimated as $4 billion.
Majid Al Futtaim is 86 years old, he recently passed away on 17th December 2021. His sudden death was not revealed so fast into public and the cause of his death was also not announced immediately. All the leaders of UAE paid tribute to Majid Al Futtaim’s death and recognized him as the most important senior businessman of UAE, Dubai.
Many people tweeted on his death with a caption of “Rest In Peace” and may all the strength goes to their family on this sudden demise of him. More updates soon here.