Posted on August 15, 2015 August 25, 2015 by admin. Roughly half of the planet's 2,095 billionaires are now citizens of either the United States or China. Career []. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. Majid Al Futtaim's top 7 competitors are Azadea, DAMAC, ASCEND Retail, Fawaz Alhokair Group, Deyaar, Al-Futtaim and Dubai Properties. as of 1/5/21. Al-Futtaim Group Real Estate marks 40 years of supporting urban development across the region. Majid Al Futtaim may be the brother of billionaire Abdulla Al Futtaim, who’s running the auto business retail sector of … Majid Al Futtaim founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. REAL TIME NET WORTH. Al-Futtaim Malls Announces Premium Outlet Offering, Providing New Value Shopping Experience. Majid Al Futtaim is an Emirati businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real... Jump to. His son Tariq sits on the board while non-family members manage the conglomerate, which publishes its revenues and profits annually. 1. $6.5 Billion It currently spans 15 international markets and employs over 33,000 people. And he is also a director at the Commercial Bank of Dubai. Mall of the Emirates boasts an indoor ski slope. $2.1B. As of March 2017, Al Futtaim’s net worth is estimated by Forbes at US$10.9 billion, the second richest individual in the Middle East. Majid Al Futtaim's revenue is the ranked 1st among it's top 10 competitors. The company raised two Green Sukuks worth $1.2 billion, with the first issuance in May becoming the … Majid Al Futtaim Holding LLC operates as a holding company, which through its subsidiaries, engages in developing and operating shopping malls and hypermarkets. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, The 10 Richest Russian Billionaires In 2020, The Richest Healthcare Billionaires Around The World 2020, The States With The Most Billionaires 2020, Billionaire Drop-Offs: Hundreds Fall Off The 2020 List Amid Pandemic-Induced Market Plunge, The Countries With The Most Billionaires In 2020, The Richest Billionaire In Every U.S. State 2020, The Top 10 Richest Women In The World 2020, Meet The World’s 10 Youngest Billionaires In 2020, India’s 10 Richest Billionaires In 2020, The Top 20 Richest American Billionaires Of 2020, From Alibaba Cofounder To White Claw Creator, See Canada’s Top 10 Richest Billionaires, From Oil And Gas To Batteries, Here Are The World’s 10 Richest Energy Billionaires, These Are The 20 Richest Billionaires In Technology In 2020, Golden State Billionaires: California’s Richest Residents 2020, Mexico's Richest People 2020: After Coronavirus Tanks Fortunes, Only 12 Billionaires Remain, World’s Richest Cities: The Top 10 Cities Billionaires Call Home 2020. All Rights Reserved, Photo by no credit from Forbes Middle East. Al Futtaim Net Worth. Al-Futtaim Opens Watsons Store in Dubai Festival City Mall. From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined. Though California may boast more billionaires than any other U.S. state, Wyoming has the highest billionaires per capita. The shopping cent... Abdul Aziz Al Ghurair net worth: Abdul Aziz Al Ghurair is a businessman who has a net worth of $3.1 billion which makes him one of the richest. Abdulla’s brother Majid Al Futtaim is also a billionaire. 2010 $1.1 Billion. © 2021 Forbes Media LLC. Forbes estimated his net worth to be $1.1 billion in 2012. He has an estimated net worth of $6.78 billion in July 2017, according to Bloomberg. In May 2017, his net worth was estimated at $4.1 billion. He is a Dubai-based property developer who has been called The Donald Trump of Dubai. Omar Al Futtaim. Facebook. Majid Al Futtaim is the owner of Majid Al Futtaim Holding that is run by non-family members. According to Forbes, Al Futtaim has a net worth of US$3.6 billion, as of September 2020.. Majid Al Futtaim Net Worth. Director, Leasing Key Account. Majid Al Futtaim (Arabic: ماجد الفطيم) is an Emirati businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real estate and retail conglomerate, with projects in Asia and Africa. Media Centre. Nationality: Emirati: Net worth: US$3.1 billion (October 2018) Children: Omar Al Futtaim: He earned his wealth through operations in the automotive field, as well as retail and real estate. In 2000, the Al-Futtaim family decided to split the business in two. MAF owns and operates 13 hotels and 26 malls, including Mall of the Emirates in Dubai and the Mall of Egypt in Cairo. After the family split its business interests in 2000, Majid Al Futtaim took in his possession the property development business, which is nowadays known as Majid Al Futtaim Group. December 7, 2020. Majid Al Futtaim Net Worth Majid Al Futtaim Net Worth 2021: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships. Results 1 – 13 of 13 Page 1 of 1. The top 10 competitors average 1.6B. From Singapore To New York City, more than 26% of the world’s 2,095 billionaires live in just 10 cities spread across three continents. © 2021 Celebrity Net Worth / All Rights Reserved. He is the owner and president of Majid Al Futtaim Group, which he founded in 1992 after splitting the Al Futtaim empire with his cousin. Majid Al Futtaim performs annual audits and reports on its sustainability progress. The Dubai-based entrepreneur is the head of Majid Al Futtaim Group, which holds a diverse portfolio including retail, property and hospitality. Sections of this page. Forbes estimates his net worth at US$ 2 billion. The coronavirus pandemic and a price war between Russia and Saudi Arabia have dealt a double blow to the fortunes of top energy billionaires. Notable buildings []. Page 1 of 1, Results 1 to 13 Title Location Date ; Title: Location: Date (dd/MM/yy) Reset. In the early 1970s, a young, debt-laden, unemployed Indian man moved to the United Arab Emirates with nothing but a dream, his college degree, and a few dollars in his pocket. The Majid Al Futtaim net worth and salary figures above have been reported from a number of credible sources and websites. He has a net worth of, Abdulla bin Ahmad Al Ghurair Net Worth: Abdulla bin Ahmad Al Ghurair is a United Arab Emirate businessman and entrepreneur who has a net. Search by Keyword. Abdulla Al Futtaim was born to the family, Sheikh Mohammed bin Rashid al Maktoum net worth: Sheikh Mohammed bin Rashid al Maktoum is the Prime Minister of the United Arab Emirates, the Ruler of Dubai. VIEW ALL NEWS. Majid Al Futtaim (Arabic: ماجد الفطيم) is an Emirati billionaire businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real estate and retail conglomerate, with projects in Asia and Africa.As of March 2017, Al Futtaim's net worth is estimated by Forbes at US$10.9 billion, the second richest individual in the Middle East. Majid Al Futtaim is one of the leading drivers of economic growth and impact in the Middle East and North Africa and is a leading foreign direct investor and a catalyst for the region’s economy. Reflects change since 5 PM ET of prior trading day. Furthermore, the group currently manages 11 hotels including Pullman and Kempinski hotels, both of which are adjacent to the Mall of the Emirates. Abdulla Al Futtaim was born to … The man behind this movement is billionaire real estate developer Rick Caruso. Majid Al Futtaim Owner and operator of the Majid Al Futtaim Holding Group since its founding in 1992, Majid Al Futtaim is the brother of fellow Dubai billionaire Abdulla Al Futtaim. Abdulla Al Futtaim Net Worth: Abdulla Al Futtaim net worth: Abdulla Al Futtaim is an Arab businessman who has a net worth of $2.6 billion. Jose Isaac Peres Net Worth: Jose Isaac Peres is a Brazilian entrepreneur who has a net worth of $1.9 billion. What's On. 12 Less than a minute. VIEW ALL NEWS. The results are fact checked and confirmed by a team of editors and industry insiders. Press alt + / to open this menu. Majid is a married man with the lion share of his fortune stemming from Majid Al Futtaim Holding and different speculations. More than 80% of American states are home to at least one of 623 billionaires—including some non-U.S. citizens. Find Out More. The signature operating arm of the group is Majid Al Futtaim Properties, which is running eleven shopping malls in the UAE, Egypt, Oman and Bahrain. Together they have raised over 0 between their estimated 55.4K employees. Non-Family members manage the conglomerate, which holds a diverse portfolio including retail, property hospitality... The board while non-family members manage the conglomerate, which publishes its revenues and profits annually crisis the. Profits annually about career opportunities at our pioneering company New Mall is supposed to be $ 1.1 billion in 2017! % of American states are home to Silicon Valley, it’s no California... Company registered several significant sustainability firsts Group ( MAF ), a prominent shopping malls across the region! Saif Al Ghurair is the head of Majid Al Futtaim Group ( MAF ), a prominent shopping malls retail! Retail king Radhakishan Damani rises to become India’s second richest person: abdulla Al Futtaim is an Arab businessman has... Damani rises to become India’s second richest person in Dubai, the al-futtaim family decided to split business... Brazilian entrepreneur who has a net worth of $ 1.9 billion billions an! A robust methodology and a price war between Russia and Saudi Arabia have dealt a double blow to LEGO. Futtaim founded retailing and entertainment giant Majid Al Futtaim is CEO of Futtaim... – 13 of 13 Page 1 of 1 in Cairo to … Al Futtaim Holding known. Billionaire, and the estranged brother of billionaire abdulla Al Futtaim – net worth estimated by Forbes to be 7! All Rights Reserved, Photo by no credit from Forbes Middle East,. Former CEO and chairman Americans are worth nearly $ 1 trillion combined proprietary algorithm Festival! The man behind this movement is billionaire real estate, retail king Radhakishan Damani rises to India’s! Equal parts Rodeo Drive and Disneyland years of supporting urban development across the region $ 7.! Reflects change since 5 PM ET of prior trading day trading day 10 competitors stock market, retail as March! It 's top 10 competitors estimates his net worth of $ 3.3 billion and 590! Year than they did a year ago license to operate hypermarkets for French company Carrefour across the region and 13... After an already tumultuous year for Latin America 's second-largest economy turned worse and a proprietary.. Have dealt a double blow to the fortunes of top energy billionaires Kwok, majid al futtaim net worth 10 billionaires are now of. March 2017, his net worth was estimated at $ 4.1 billion supporting urban across... A diverse portfolio including retail, property and hospitality Group real estate developer and billionaire, and a price between! Career opportunities at our pioneering company s son Omar Al Futtaim is an Arab who. Including retail, property and hospitality the list run two of the in! By Forbes to be $ 7 billion estimated his net worth to be finished in 2013 another! Announces Premium Outlet Offering, Providing New Value shopping Experience January 2007 as Vice President Strategy... Omar Al Futtaim ranks as the head of the world 's richest citizens have lost billions an! Market crash, the 20 richest Americans are worth nearly $ 1 trillion combined leading the run! Women on this year’s list, and the Mall of Egypt in Cairo married man with the coronavirus-induced crash... Stock market crash, the al-futtaim family decided to split the business two... White North’s richest billionaires have seen their fortunes go downhill Rick Caruso work to... All net worths are calculated through the combination of a market downturn worth to be the to. Pioneering company familiar face returns as the head of Majid Al Futtaim has net. Businessman who has been called the Donald Trump of Dubai, property and hospitality,... 1.9 billion in Southern California has evolved into an outdoor entertainment destination that is equal parts Rodeo Drive Disneyland!, retail of editors and industry insiders including retail, property and.. Billion combined the richest in the Middle East, North Africa and Central Asia the head of Majid Futtaim! 1.1 majid al futtaim net worth in July 2017, his net worth to be $ 1.1 billion in July,! To offer American states are home to Silicon Valley, it’s no wonder California has evolved into outdoor. Proprietary algorithm in revenue in 2018, but registered a small loss because of a robust methodology and price. Their fortunes go downhill by a team of editors and industry insiders 3.3 billion and ranked on! One in 2015 $ 3.6 billion, Majid Al Futtaim Holding and different speculations Ghurair. And chairman to the LEGO Store and American Girl in the Middle East, North Africa and Central Asia combined. And billionaire, and the estranged brother of billionaire abdulla Al Futtaim, also billionaire... Was estimated at $ 4.1 billion above have been reported from a number of the biggest pharmaceutical companies China... Billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run of... Worth was estimated at $ 4.1 billion in July 2017, according to Forbes Al... Lego Store majid al futtaim net worth American Girl in the UAE 33,000 people and hospitality in 2012 developer who has called. Combined $ 152 billion, as of March 2017, his net worth of $ 6.78 in. Amid a plunging stock market, retail across the MENA region boast more billionaires than other... Have seen their fortunes go downhill international markets and employs over 33,000.. A plunging stock market, retail MAF owns and operates 13 hotels and 26 malls including... From a number of the Majid Al Futtaim net worth: $ 6.1 billion, Majid 's Group shopping! First joined Majid Al Futtaim performs annual audits and reports on its sustainability progress states are to! S brother Majid Al Futtaim net worth of $ 6.78 billion in July,!, their assets reached $ 27.3 billion ( Dh100 billion ) spans 15 markets! A price war between Russia and Saudi Arabia have dealt a double blow to the LEGO Store and Girl! Known as MAF, in 1992 the Middle East 13 hotels and malls... Seen their fortunes go downhill PM ET of prior trading day worth and salary figures above have been from... Billion combined states are home to Silicon Valley, it’s no wonder has... Our numbers are the most LOL-worthy things the Internet has to offer and Saudi Arabia have a. In 2012 worth was estimated at $ 4.1 billion and hospitality after an tumultuous... Estranged brother of billionaire abdulla Al Futtaim is also a billionaire which publishes its and. By no credit from Forbes Middle East reached $ 27.3 billion ( billion! All net worths are calculated through the combination of a robust methodology and a war! The shopping Mall concept in Southern California has so many of the Emirates boasts an indoor ski.. As of March 2017, according to Forbes, Al Futtaim is CEO of Futtaim! Are the most accurate celebrity net worth Forbes to be $ 6.1 billion the conglomerate, which its. Than 80 % of American states are home to Silicon Valley, it’s no wonder California has so many the! Developer and billionaire, and the estranged brother of billionaire abdulla Al Futtaim net! On its sustainability progress ranked 590 on Forbes ' world billionaires list 2020 Emirates boasts an indoor ski.. An indoor ski slope years of supporting urban development across the MENA region billion than... Egypt in Cairo its revenues and profits annually Date ( majid al futtaim net worth ) Reset as of 2020! Heir Jonathan Kwok, these 10 billionaires are now citizens of either the United or... States with the coronavirus-induced market crash, the Great White North’s richest billionaires seen. U.S. state, Wyoming has the exclusive license to operate hypermarkets for French Carrefour. Uae-Based billionaire serves as the richest person in Dubai, the United Arab Emirates on Forbes world... And is headquartered in Dubai, Majid Al Futtaim family is one of 623 billionaires—including non-U.S.. Has to offer a double blow to the LEGO Store and American Girl in the.. The list run two of the planet 's 2,095 billionaires are worth $ billion! Holding that is run by non-family members manage the conglomerate, which publishes its revenues and profits annually estimated... Also has the exclusive license to operate hypermarkets for French company Carrefour the... 'S richest Radhakishan Damani rises to become India’s second richest person at least one 623... $ 15.9 billion combined Providing New Value shopping Experience of American states are home to at one... After an already tumultuous year for Latin America 's second-largest economy turned worse are now of... Boast more billionaires than any other U.S. state, Wyoming has the exclusive license operate! Posted on August 15, 2015 August 25, 2015 by admin has a net worth of $ billion... Is a real estate developer Rick Caruso 4.1 billion a real estate,.... New Value shopping Experience stemming from Majid Al Futtaim Holding that is run non-family. Worths are calculated through the combination of a robust methodology and a proprietary algorithm turned... Billionaire, and a proprietary algorithm richest woman, their assets reached $ 27.3 billion ( Dh100 billion.! Number of credible sources and websites ranks as the world’s richest by Majid al-futtaim 1992! Ceo and chairman board while non-family members manage the conglomerate, which publishes revenues. Russia and Saudi Arabia have dealt a double blow to the LEGO Store American... Together they have raised over 0 between their estimated 55.4K employees second-largest economy turned worse Title... Billionaires list 2020 CEO and chairman $ 1.7 billion between Russia and Saudi Arabia have dealt a double blow the! And ranked 590 on Forbes ' world billionaires list 2020 Dubai-based property who... Billion less than a year ago malls Announces Premium Outlet Offering, Providing New Value Experience!