M.A. Yusuff Ali
$8.52B
as of 07/05/24
About M.A. Yusuff Ali
Middle East retail king M.A. Yusuff Ali presides over $8.4 billion (revenue) LuLu Group International, with 256 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 April 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.
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
142K
troy ounces of gold
131K
median U.S. household
85K
median U.S. income
0.17%
U.S. credit card volume
0.034%
GDP of the United States
0.025%
United States debt
Net worth history
Annual ranking
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.
Net worth over time
Real-time ranking
Financial assets
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