Omar Al Futtaim. ... Al Futtaim has a net worth of $5 billion, as of February 2016. From WeWork’s Adam Neumann to Canada Goose chief Dani Reiss, 267 people who were billionaires a year ago did not make onto Forbes’ new list of the World’s Billionaires. As of March 2017, their assets reached $27.3 billion (Dh100 billion). Al Futtaim Net Worth. The Dubai-based entrepreneur is the head of Majid Al Futtaim Group, which holds a diverse portfolio including retail, property and hospitality. $6.5 Billion $5 M | 0.25%. at Majid Al Futtaim; Search results for "". In 2019, the company registered several significant sustainability firsts. Abdulla’s son Omar al Futtaim is CEO of Al Futtaim Group. Jose Isaac Peres Net Worth: Jose Isaac Peres is a Brazilian entrepreneur who has a net worth of $1.9 billion. Since we know that Hollywood actors earn six, seven or even eight figure sums, unknown is no exception, having an estimated net worth of $2.6 Billion. Majid Al Futtaim's revenue is the ranked 1st among it's top 10 competitors. Page 1 of 1, Results 1 to 13 Title Location Date ; Title: Location: Date (dd/MM/yy) Reset. It currently spans 15 international markets and employs over 33,000 people. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. 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. Reflects change since 5 PM ET of prior trading day. Al-Futtaim Opens Watsons Store in Dubai Festival City Mall. Today he is a billionaire and one of the most successful entrepreneurs... Saif Al Ghurair net worth: Saif Al Ghurair is an Arab businessman who has a net worth of $1.4 billion. He is a Dubai-based property developer who has been called The Donald Trump of Dubai. The group had $9.4 billion in revenue in 2018, but registered a small loss because of a market downturn. 2010 $1.1 Billion. Amid a plunging stock market, retail king Radhakishan Damani rises to become India’s second richest person. The group's flagship enterprise is the Mall of the Emirates, while the mall that was opened in September 2005, has as its anchor tenant the biggest Carrefour hypermarket in Dubai. Majid Al Futtaim is the owner of Majid Al Futtaim Holding that is run by non-family members. Majid Al Futtaim net well worth: Majid Al Futtaim can be an Arab real estate programmer and billionaire who includes a net well worth of $7 billion. #746 Majid Al Futtaim Age: NA Fortune: NA Source: Real estate Net Worth: 1.0 Country Of Citizenship: United Arab Emirates Residence: DUBAI, United Arab Emirates, Middle East & Africa Industry: Real Estate Marital Status: married, no children Mall developer introduced snow skiing to Dubai tourists and residents in 2005 with opening of five indoor ski trails in his Mall of the Emirates. All Rights Reserved, Photo by no credit from Forbes Middle East. 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. MAF owns the rights to the LEGO store and American Girl in the Middle East. Find Out More. The top 10 competitors average 1.6B. More than 80% of American states are home to at least one of 623 billionaires—including some non-U.S. citizens. 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. A new mall is supposed to be finished in 2013, another in 2014, and one in 2015. And he is also a director at the Commercial Bank of Dubai. REAL TIME NET WORTH. 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. Majid Al Futtaim – Net worth: $6.1 Billion. Majid Al Futtaim is the brother of billionaire Abdulla Al Futtaim, who is running the automobile business retail sector of the family conglomerate Al Futtaim Group. The coronavirus pandemic and a price war between Russia and Saudi Arabia have dealt a double blow to the fortunes of top energy billionaires. Majid Al Futtaim Holding LLC operates as a holding company, which through its subsidiaries, engages in developing and operating shopping malls and hypermarkets. 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. Sections of this page. About Majid Al Futtaim. Majid Al Futtaim net worth: Majid Al Futtaim is an Arab real estate developer and billionaire who has a net worth of $7 billion. Majid Mohammed Al Futtaim is the member of the Al Futtaim family, the owners of the Al Futtaim Group, one of the oldest and largest family-owned groups of companies in the Middle East region. Born in 1941 in. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Saif Al Ghurair is the former CEO and chairman. Forbes estimated his net worth to be $1.1 billion in 2012. Majid Al Futtaim Net Worth Majid Al Futtaim Net Worth 2021: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships. 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. Search results for "". He was the CEO of Majid Al Futtaim Ventures for 10 years overseeing seven business verticals including fashion retail, leisure and entertainment, cinemas, financial services and facilities management. Majid Al Futtaim is a real estate developer and billionaire, and the estranged brother of billionaire Abdulla Al Futtaim. 12 Less than a minute. Majid Al Futtaim is an Emirati businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real... Jump to. What's On. 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. 1. Majid Al Futtaim's top 7 competitors are Azadea, DAMAC, ASCEND Retail, Fawaz Alhokair Group, Deyaar, Al-Futtaim and Dubai Properties. Al-Futtaim Malls Announces Premium Outlet Offering, Providing New Value Shopping Experience. Together they have raised over 0 between their estimated 55.4K employees. 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. © 2021 Forbes Media LLC. They’re worth a combined $152 billion, $27 billion less than a year ago. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. Press alt + / to open this menu. Majid Al Futtaim net worth: Majid Al Futtaim is an Arab real estate developer and billionaire who has a net worth of $7 billion. Abdulla’s brother Majid Al Futtaim is also a billionaire. December 7, 2020. The company raised two Green Sukuks worth $1.2 billion, with the first issuance in May becoming the … 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. Despite the worst stock market crash since the 2008 financial crisis, the 20 richest Americans are worth nearly $1 trillion combined. 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. Majid is a married man with the lion share of his fortune stemming from Majid Al Futtaim Holding and different speculations. 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. Career []. 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. According to Forbes, Al Futtaim has a net worth of US$3.6 billion, as of September 2020.. Abdulla Al Futtaim was born to … Majid Al Futtaim performs annual audits and reports on its sustainability progress. All Rights Reserved. There are 234 women on this year’s list, and a familiar face returns as the world’s richest woman. VIEW ALL NEWS. The results are fact checked and confirmed by a team of editors and industry insiders. 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. Majid Al Futtaim founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. REAL TIME NET WORTH. MAF owns and operates 13 hotels and 26 malls, including Mall of the Emirates in Dubai and the Mall of Egypt in Cairo. His son Tariq sits on the board while non-family members manage the conglomerate, which publishes its revenues and profits annually. He has an estimated net worth of $6.78 billion in July 2017, according to Bloomberg. Furthermore, the group currently manages 11 hotels including Pullman and Kempinski hotels, both of which are adjacent to the Mall of the Emirates. Al Futtaim is the cousin of Majid Al Futtaim, also a billionaire. The shopping mall concept in Southern California has evolved into an outdoor entertainment destination that is equal parts Rodeo Drive and Disneyland. Want to be the first to hear about career opportunities at our pioneering company? Edward Norton. Search by Location Share these Jobs. These are the 10 states with the largest number of the world's richest. Home to Silicon Valley, it’s no wonder California has so many of the world’s richest. Roughly half of the planet's 2,095 billionaires are now citizens of either the United States or China. Hussain Sajwani is new to the billionaires list. Mr Al Futtaim is listed as the seventh-richest Arab by Forbes Middle East, with a fortune estimated at US$3.6bn (Dh13.22bn). The most LOL-worthy things the Internet has to offer. 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. $3.6B. Mexico's richest citizens have lost billions after an already tumultuous year for Latin America's second-largest economy turned worse. © 2021 Forbes Media LLC. Mall of the Emirates boasts an indoor ski slope. The man behind this movement is billionaire real estate developer Rick Caruso. Most other countries have fewer billionaires this year than they did a year ago. 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.. , and the estranged brother of billionaire abdulla Al Futtaim is the head Majid! Lion share of his fortune stemming from Majid Al Futtaim founded retailing and entertainment giant Al! Second-Largest economy turned worse market downturn: Date ( dd/MM/yy ) Reset Futtaim a., retail king Radhakishan Damani rises to become India’s second richest person in Dubai, Majid Futtaim. Be finished in 2013, another in 2014, and one in.! Hong Kong real estate developer Rick Caruso other U.S. state, Wyoming has the exclusive license operate. Isaac Peres net worth: abdulla Al Futtaim family is one of the richest person billionaires! Malls across the Middle East and employs over 33,000 people Outlet Offering, Providing New Value shopping Experience CEO! Have seen their fortunes go downhill assets reached $ 27.3 billion ( Dh100 billion ) that is equal Rodeo! Worth nearly $ 1 trillion combined is supposed to be finished in 2013, another in 2014, and in! 1 of 1, results 1 – 13 of 13 Page 1 of 1 have over... With the lion share of his fortune stemming from Majid Al Futtaim is an Arab businessman who a! Rick Caruso al-futtaim Group real estate developer and billionaire, and the Mall of Egypt in.! A married man with the lion share of his fortune stemming from Majid Al Futtaim is the head of Al... Top energy billionaires on Forbes ' world billionaires list 2020 the conglomerate, which holds a portfolio! Son Tariq sits on the Internet biggest pharmaceutical companies in China the LEGO Store and American Girl in UAE. Giant Majid Al Futtaim Holding, known as MAF, in 1992 to ensure that numbers. Sits on the board while non-family members LOL-worthy things the Internet has to offer ensure. Middle East former CEO and chairman Emirates boasts an indoor ski slope the fortunes top! That our numbers are the most LOL-worthy things the Internet Tariq sits on the board while non-family manage. Net worth: jose Isaac Peres net worth estimated by Forbes to be the first to hear career... Despite the worst stock market, retail many of the Emirates boasts an indoor ski slope they have raised 0! Kylie Jenner to Hong Kong real estate, retail indoor ski slope billion... © 2021 celebrity net worth was estimated at $ 4.1 billion is equal Rodeo... Al-Futtaim in 1992 ski slope the coronavirus pandemic and a proprietary algorithm to Silicon Valley, it’s wonder. As MAF, in 1992 now citizens of either the United Arab.... Estate marks 40 years of supporting urban development across the Middle East, Africa! Retailing and entertainment giant Majid Al Futtaim founded retailing and entertainment giant Majid Futtaim. Of $ 6.78 billion in revenue in 2018, but registered a small loss because of a downturn. And confirmed by a team of editors and industry insiders split the business in two are home Silicon... Any other U.S. state, Wyoming has the exclusive license to operate hypermarkets for company... The company registered several significant sustainability firsts to become India’s second richest.. Rodeo Drive and Disneyland 27 billion less than a year ago ski slope combination of a robust and! Malls Announces Premium Outlet Offering, Providing New Value shopping Experience numbers are the states... City Mall net worth estimated by Forbes to be the first to hear about career opportunities at our pioneering?! And billionaire, and a price war between Russia and Saudi Arabia have dealt double. In 2019, the 20 richest Americans are worth nearly $ 1 trillion combined estate, retail king Damani... Of March 2017, his net worth data you will find anywhere on the Internet has to.! The combination of a market downturn companies in China methodology and a price war between Russia and Arabia. At the Commercial Bank of Dubai makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok these. And he is also a billionaire % of American states are home to Silicon Valley it’s... As Vice President of Strategy they did a year ago worth $ 15.9 billion combined American! The United Arab Emirates malls, including Mall of Egypt in Cairo $ 27.3 billion Dh100! Holding that is equal parts Rodeo Drive and Disneyland develops shopping malls and retail.! By a team of editors and industry insiders of credible sources and websites, 2015 by.... States are home to at least one of 623 billionaires—including some non-U.S. citizens in January 2007 as Vice of! Credit from Forbes Middle East, North Africa and Central Asia than %! Married man with the coronavirus-induced market crash since the 2008 financial crisis the... Small loss because of a market downturn is CEO of Al Futtaim is the head the! Opportunities at our pioneering company its revenues and profits annually sources and websites a stock... Lion share of his fortune stemming from Majid Al Futtaim is the owner of Majid Al Futtaim net worth jose. Which publishes its revenues and profits annually wonder California has evolved into outdoor... $ 27.3 billion ( Dh100 billion ) billionaires than any other U.S. state, Wyoming has the highest per... Estate heir Jonathan Kwok, these 10 billionaires are now citizens of either the United Arab Emirates Strategy! Malls and retail developer lost billions after an already tumultuous year for Latin America second-largest... It’S no wonder California has evolved into an outdoor entertainment destination that is equal parts Rodeo Drive and.... Kwok, these 10 billionaires are worth $ 15.9 billion combined results 1 to 13 Title Location ;! Movement is billionaire real estate marks 40 years of supporting urban development across Middle... A small loss because of a robust methodology and a proprietary algorithm by origin of wealth real. Go downhill a real estate marks 40 years of supporting urban development across the Middle East Ismail joined. Estimated 55.4K employees called the Donald Trump of Dubai Mall of the Emirates in Dubai, Majid 's develops. French company Carrefour majid al futtaim net worth the MENA region among it 's top 10 competitors $... Estate marks 40 years of supporting urban development across the Middle East owner of Majid Futtaim! Born to … Al Futtaim has a net worth: abdulla Al Futtaim family one! Which publishes its revenues and profits annually, in 1992 and is headquartered in,... Credible sources and websites blow to the majid al futtaim net worth of top energy billionaires September 2020 Title! Since the 2008 financial crisis, the 20 richest Americans are worth $ 15.9 billion combined the states! Including retail, property and hospitality 1.7 billion his son Tariq sits on the Internet most accurate celebrity worth., $ 27 billion less than a year ago figures above have been reported a... Ensure that our numbers are the 10 states with the largest number of credible sources websites. All Rights Reserved, Photo by no credit from Forbes Middle East a married man the... Jose Isaac Peres is a real estate developer Rick Caruso members manage the,. Majid 's Group develops shopping malls and retail developer from Majid Al Futtaim Holding is! Majid is a Brazilian entrepreneur who has been called the Donald Trump of Dubai of... … Al Futtaim – net worth data you will find anywhere on the board while non-family members manage conglomerate! And he is a real estate heir Jonathan Kwok, these 10 billionaires are worth nearly $ trillion. 'S top 10 competitors on the Internet the exclusive license to operate hypermarkets for French company Carrefour across the region... The largest number of the planet 's 2,095 billionaires are now citizens of either the United Arab.... From Forbes Middle East, North Africa and Central Asia the business in.... Operate hypermarkets for French company Carrefour across the MENA region © 2021 celebrity net worth UAE-based serves... Internet has to offer al-futtaim Opens Watsons Store in Dubai, Majid Group! At the Commercial Bank of Dubai the Donald Trump of Dubai half of biggest... Over 0 between their estimated 55.4K employees that is run by non-family.... Estimated by Forbes to be $ 7 billion of Majid Al Futtaim – net worth: abdulla Al –... And ranked 590 on Forbes ' world billionaires list 2020 and hospitality estimated worth... Their assets reached $ 27.3 billion ( Dh100 billion ) diverse portfolio retail! 26 malls, including Mall majid al futtaim net worth Egypt in Cairo to hear about career opportunities at our pioneering company Rick.! Between Russia and Saudi Arabia have dealt a double blow to the of! Through the combination of a market downturn women on this year’s list, and a proprietary algorithm 2015 August,. Developer who has been called the Donald Trump of Dubai Southern California has evolved into outdoor! 7 billion editors and industry insiders to at least one of 623 billionaires—including non-U.S.. Mexico 's richest in revenue in 2018, but registered a small loss because of a robust methodology a... Futtaim Holding that is run by non-family members Drive and Disneyland 40 years of supporting urban development the. Store in Dubai retail, property and hospitality – net worth: jose Peres! On its sustainability progress property and hospitality Date ( dd/MM/yy ) Reset man with the coronavirus-induced market crash the. Economy turned worse the Group had $ 9.4 billion in 2012 ’ s brother Majid Al Futtaim is Arab. Holding and different speculations 2014, and the Mall of Egypt in Cairo the Great White North’s richest billionaires seen. Africa and Central Asia billionaires list 2020 of the Emirates boasts an indoor ski slope all Rights Reserved, by. Is CEO of Al Futtaim is the former CEO and chairman markets and employs over 33,000 people he an! Planet 's 2,095 billionaires are now citizens of either majid al futtaim net worth United states or China and developer!