M.A. Yusuff Ali
About M.A. Yusuff Ali
Middle East retail king M.A. Yusuff Ali presides over $8 billion (revenue) LuLu Group International, with 271 hypermarkets and malls in the Gulf and elsewhere.
Hailing from a village in Kerala state in south India, Yusuff Ali left for Abu Dhabi in 1973 to join his uncle's small distribution business.
In 2020, a member of Abu Dhabi's royal family reportedly acquired a 20% stake in LuLu for $1 billion. Yusuff Ali is planning to list the retail business in 2024.
Yusuff Ali has a minority stake in Cochin International Airport and sits on its board. The airport runs on solar energy.
Other assets include the Waldorf Astoria in Scotland and the Great Scotland Yard Hotel, the former headquarters of the U.K. Metropolitan Police.
Personal stats
Citizenship
IndiaSource of wealth
RetailResidence
Abu Dhabi, United Arab EmiratesMarital status
MarriedBirth date
11/15/55 (age 68)Number of children
3Self-made
self-madeM.A. Yusuff Ali’s fortune is worth
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median U.S. household
median U.S. income
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Related people
Did you know?
Yusuff Ali donated $6.8 million to fight the Covid-19 pandemic.He also built and donated a treatment center with 1,400 beds in Kerala.
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Financial assets
BSE INDIA | 542867-IN
CSB BankBSE INDIA | 532180-IN
Dhanlaxmi BankBSE INDIA | 500469-IN
Federal BankBSE INDIA | 532218-IN
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