M.A. Yusuff Ali

$7.37B
as of 10/29/24

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

India

Source of wealth

Retail

Residence

Abu Dhabi, United Arab Emirates

Marital status

Married

Birth date

11/15/55 (age 68)

Number of children

3

Self-made

self-made

M.A. Yusuff Ali’s fortune is worth

123K

troy ounces of gold

113K

median U.S. household

74K

median U.S. income

0.147%

U.S. credit card volume

0.029%

GDP of the United States

0.022%

United States debt

Net worth history

Annual ranking

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

BSE INDIA | 542867-IN

CSB Bank

BSE INDIA | 532180-IN

Dhanlaxmi Bank

BSE INDIA | 500469-IN

Federal Bank

BSE INDIA | 532218-IN

South Indian Bank

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