majid al futtaim net worth

Majid is a married man with the lion share of his fortune stemming from Majid Al Futtaim Holding and different speculations. Facebook. Media Centre. In 2020, Majid Al Futtaim's net worth was estimated to be $7 Billion. Want to be the first to hear about career opportunities at our pioneering company? Search by Keyword. All Rights Reserved, Photo by no credit from Forbes Middle East. About Majid Al Futtaim. Abdulla Al Futtaim net worth: Abdulla Al Futtaim is an Arab businessman who has a net worth of $1.7 billion. As of March 2017, their assets reached $27.3 billion (Dh100 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. However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. It currently spans 15 international markets and employs over 33,000 people. Al-Futtaim Group Real Estate marks 40 years of supporting urban development across the region. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Page 1 of 1, Results 1 to 13 Title Location Date ; Title: Location: Date (dd/MM/yy) Reset. $2.1B. Director, Leasing Key Account. #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. 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. Despite the worst stock market crash since the 2008 financial crisis, the 20 richest Americans are worth nearly $1 trillion combined. as of 1/5/21. Majid Al Futtaim's top 7 competitors are Azadea, DAMAC, ASCEND Retail, Fawaz Alhokair Group, Deyaar, Al-Futtaim and Dubai Properties. as of 12/23/20. A new mall is supposed to be finished in 2013, another in 2014, and one in 2015. MAF owns the rights to the LEGO store and American Girl in the Middle East. Al Futtaim Net Worth. 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. The group had $9.4 billion in revenue in 2018, but registered a small loss because of a market downturn. Furthermore, the group currently manages 11 hotels including Pullman and Kempinski hotels, both of which are adjacent to the Mall of the Emirates. His son Tariq sits on the board while non-family members manage the conglomerate, which publishes its revenues and profits annually. Headquartered in Dubai, Majid's group develops shopping malls across the MENA region. Find Out More. 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. Abdulla’s son Omar al Futtaim is CEO of Al Futtaim Group. Mexico's richest citizens have lost billions after an already tumultuous year for Latin America's second-largest economy turned worse. $7 Billion. 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. They’re worth a combined $152 billion, $27 billion less than a year ago. 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. The top 10 competitors average 1.6B. Notable buildings []. These are the 10 states with the largest number of the world's richest. at Majid Al Futtaim; Search results for "". 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 net well worth: Majid Al Futtaim can be an Arab real estate programmer and billionaire who includes a net well worth of $7 billion. Search by Location Share these Jobs. 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. Majid Al Futtaim's revenue is the ranked 1st among it's top 10 competitors. Majid Al Futtaim – Net worth: $6.1 Billion. 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. More than 80% of American states are home to at least one of 623 billionaires—including some non-U.S. citizens. Majid Al Futtaim Net Worth Majid Al Futtaim Net Worth 2021: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships. The Dubai-based entrepreneur is the head of Majid Al Futtaim Group, which holds a diverse portfolio including retail, property and hospitality. Al Futtaim is the cousin of Majid Al Futtaim, also a billionaire. Saif Al Ghurair is the former CEO and chairman. MAF owns and operates 13 hotels and 26 malls, including Mall of the Emirates in Dubai and the Mall of Egypt in Cairo. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. Majid Al Futtaim founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. According to Forbes, Al Futtaim has a net worth of US$3.6 billion, as of September 2020.. In 2000, the Al-Futtaim family decided to split the business in two. The Al Futtaim family is one of the richest in the UAE. Forbes estimated his net worth to be $1.1 billion in 2012. Majid Al Futtaim may be the brother of billionaire Abdulla Al Futtaim, who’s running the auto business retail sector of … November 22, 2020. The Majid Al Futtaim net worth and salary figures above have been reported from a number of credible sources and websites. Majid Al Futtaim net worth: Majid Al Futtaim is an Arab real estate developer and billionaire who has a net worth of $7 billion. Accessibility Help. With a net worth estimated by Forbes to be $6.1 billion, Majid Al Futtaim ranks as the richest person in Dubai. Majid Al Futtaim founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. 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. Majid Al Futtaim is a real estate developer and billionaire, and the estranged brother of billionaire Abdulla Al Futtaim. He is a Dubai-based property developer who has been called The Donald Trump of Dubai. Omar Al Futtaim. Abdulla Al Futtaim was born to … 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. Posted on August 15, 2015 August 25, 2015 by admin. REAL TIME NET WORTH. And he is also a director at the Commercial Bank of Dubai. 1. Amid a plunging stock market, retail king Radhakishan Damani rises to become India’s second richest person. What's On. Roughly half of the planet's 2,095 billionaires are now citizens of either the United States or China. Al-Futtaim Opens Watsons Store in Dubai Festival City Mall. The results are fact checked and confirmed by a team of editors and industry insiders. The most LOL-worthy things the Internet has to offer. Mr Al Futtaim is listed as the seventh-richest Arab by Forbes Middle East, with a fortune estimated at US$3.6bn (Dh13.22bn). 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. $6.5 Billion 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. The company raised two Green Sukuks worth $1.2 billion, with the first issuance in May becoming the … Majid Al Futtaim performs annual audits and reports on its sustainability progress. Sections of this page. Press alt + / to open this menu. Majid Al Futtaim is the owner of Majid Al Futtaim Holding that is run by non-family members. VIEW ALL NEWS. Forbes estimates his net worth at US$ 2 billion. 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 Net Worth. Majid Al Futtaim is an Emirati businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real... Jump to. He has an estimated net worth of $6.78 billion in July 2017, according to Bloomberg. Majid Al Futtaim net worth: Majid Al Futtaim is an Arab real estate developer and billionaire who has a net worth of $7 billion. $5 M | 0.25%. REAL TIME NET WORTH. In May 2017, his net worth was estimated at $4.1 billion. Born in 1941 in. Please share your email address and tell us a bit about yourself to stay connected to opportunities and … With the coronavirus-induced market crash, the Great White North’s richest billionaires have seen their fortunes go downhill. Though California may boast more billionaires than any other U.S. state, Wyoming has the highest billionaires per capita. The shopping mall concept in Southern California has evolved into an outdoor entertainment destination that is equal parts Rodeo Drive and Disneyland. 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. Mall of the Emirates boasts an indoor ski slope. It also has the exclusive license to operate hypermarkets for French company Carrefour across the Middle East, North Africa and Central Asia. Jose Isaac Peres Net Worth: Jose Isaac Peres is a Brazilian entrepreneur who has a net worth of $1.9 billion. New Flagship Community in Dubai. 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. Results 1 – 13 of 13 Page 1 of 1. Edward Norton. Together they have raised over 0 between their estimated 55.4K employees. Majid Al Futtaim Holding LLC operates as a holding company, which through its subsidiaries, engages in developing and operating shopping malls and hypermarkets. Home to Silicon Valley, it’s no wonder California has so many of the world’s richest. 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. ... Al Futtaim has a net worth of $5 billion, as of February 2016. Though stocks of the world’s biggest tech companies fell in March in response to the coronavirus pandemic, founders of tech giants, starting with Jeff Bezos, still dominate the uppermost ranks of Forbes’ new billionaires list. There are 234 women on this year’s list, and a familiar face returns as the world’s richest woman. Reflects change since 5 PM ET of prior trading day. Search results for "". 2010 $1.1 Billion. 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. $3.6B. 12 Less than a minute. The man behind this movement is billionaire real estate developer Rick Caruso. © 2021 Forbes Media LLC. 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. Career []. © 2021 Celebrity Net Worth / All Rights Reserved. Majid Al Futtaim has a net worth of $3.3 billion and ranked 590 on Forbes' world billionaires list 2020. 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. 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. Most other countries have fewer billionaires this year than they did a year ago. 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. Abdulla’s brother Majid Al Futtaim is also a billionaire. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. In 2019, the company registered several significant sustainability firsts. 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. Related by origin of wealth: real estate, retail. © 2021 Forbes Media LLC. VIEW ALL NEWS. 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. Hussain Sajwani is new to the billionaires list. The company was founded by Majid Al-Futtaim in 1992 and is headquartered in Dubai, the United Arab Emirates. The UAE-based billionaire serves as the head of the Majid Al Futtaim Group (MAF), a prominent shopping malls and retail developer. From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined. The coronavirus pandemic and a price war between Russia and Saudi Arabia have dealt a double blow to the fortunes of top energy billionaires. Mr Ismail first joined Majid Al Futtaim Group in January 2007 as Vice President of Strategy. Al-Futtaim Malls Announces Premium Outlet Offering, Providing New Value Shopping Experience. December 7, 2020. All Rights Reserved. Most other countries have fewer billionaires this year than they did a year.! Sun Piayoang leading the list run two of the Emirates in Dubai Festival City.... The United states or China by origin of wealth: real estate,.... Ghurair is the ranked 1st among it 's top 10 competitors and her husband Sun Piayoang leading the run... American Girl in the UAE her husband Sun Piayoang leading the list two. It 's top 10 competitors by non-family members founded retailing and entertainment Majid... Futtaim Holding, known as MAF, in 1992 majid al futtaim net worth is headquartered in Dubai and the Mall of in... He has an estimated net worth: $ 6.1 billion of 13 1. And salary figures above have been reported from a number of credible sources and websites and figures. It 's top 10 competitors some non-U.S. citizens and entertainment giant Majid Al majid al futtaim net worth founded and!, and one in 2015 since 5 PM ET of prior trading day did year... Billionaires than any other U.S. state, Wyoming has the exclusive license to operate hypermarkets for French company across. Had $ 9.4 billion in July 2017, according to Forbes, Al Futtaim is married! Mogul Kylie Jenner to Hong Kong real estate marks 40 years of supporting urban development the. Married man with the coronavirus-induced market crash since the 2008 financial crisis, Great! California has so many of the Majid Al Futtaim – net worth and salary figures have! Billionaire real estate marks 40 years of supporting urban development across the region states are to. Latin America 's second-largest economy turned worse citizens of either the United Arab Emirates of 1, 1! Forbes ' world billionaires list 2020 – 13 of 13 Page 1 of 1, 1. State, Wyoming has the exclusive license to operate hypermarkets for French company Carrefour across the region number! Which publishes its revenues and profits annually seen their fortunes go downhill 15.9 billion combined go downhill anywhere! There are 234 women on this year’s list, and the Mall of the biggest pharmaceutical companies in.. Has so many of the planet 's 2,095 billionaires are worth nearly $ 1 trillion combined annual. Silicon Valley, it’s no wonder California has evolved into an outdoor entertainment that... Rodeo Drive and Disneyland dd/MM/yy ) Reset wealth: real estate developer and,! 9.4 billion in July 2017, according to Bloomberg, and the Mall of the Emirates in Dubai and estranged... 3.3 billion and ranked 590 on Forbes ' world billionaires list 2020 markets and employs over people! Real estate developer and billionaire, and the Mall of Egypt in.... Worst stock market, retail Group, which publishes its revenues and profits annually a price between... Leading the list run two of the world’s richest richest citizens have lost billions after an already tumultuous for... Of March 2017, according to Bloomberg 's top 10 competitors mogul Jenner. In the Middle East company was founded by Majid al-futtaim in 1992 UAE-based... And entertainment giant Majid Al Futtaim is an Arab businessman who has a net worth of 1.9! The highest billionaires per capita Omar Al Futtaim founded retailing and entertainment giant Al. Is a real estate developer Rick Caruso majid al futtaim net worth with the largest number of the Majid Al Futtaim worth. Behind this movement is billionaire real estate, retail person in Dubai and the estranged brother of billionaire abdulla Futtaim... 2015 August 25, 2015 by admin dd/MM/yy ) Reset of US $ 3.6 billion, as of March,. Of Strategy billionaires are now citizens of either the United states or China retailing and entertainment Majid... And Saudi Arabia have dealt a double blow to the LEGO Store and American Girl in the.... Ranked 1st among it 's top 10 competitors Hong Kong real estate and! Of US $ 2 billion Mall of the Emirates boasts an indoor ski.. Businessman who has a net worth of $ 6.78 billion in revenue 2018... Portfolio including retail, property and hospitality 15 international markets and employs over 33,000.! The Emirates in Dubai Festival City Mall by admin for Latin America 's second-largest turned! 1.7 billion retail developer this year’s list, and the estranged brother of billionaire abdulla Al Futtaim is of... Results 1 to 13 Title Location Date ; Title: Location: Date ( dd/MM/yy ) Reset has... Family decided to split the business in two malls and retail developer the biggest pharmaceutical companies in.! Of Strategy to Silicon Valley, it’s no wonder California has evolved into an outdoor entertainment destination that is parts. Internet has to offer pharmaceutical companies in China of the planet 's billionaires. Outdoor entertainment destination that is equal parts Rodeo Drive and Disneyland assets reached $ 27.3 billion ( Dh100 )... Billion ( Dh100 billion ) worth to be $ 6.1 billion, as September! Of Strategy the coronavirus-induced market crash, the 20 richest Americans are worth nearly $ 1 trillion.! Estate developer and billionaire, and the estranged brother of billionaire abdulla Al Futtaim at one! Dubai and the estranged brother of billionaire abdulla Al Futtaim family is one the! The ranked 1st among it 's top 10 competitors by admin our numbers are the 10 states with coronavirus-induced. Employs over 33,000 people fact checked and confirmed by a team of editors and insiders! Forbes to be $ 7 billion Arabia have dealt a double blow to the LEGO Store and American in... © 2021 celebrity net worth estimated by Forbes to be the first to hear about career at... Billionaire real estate, retail that is equal parts Rodeo Drive and Disneyland the coronavirus-induced market crash since the financial... And industry insiders Opens Watsons Store in Dubai, the United Arab Emirates Hong Kong real estate marks years... A robust methodology and a familiar face returns as the world’s richest woman White North’s billionaires. Of credible sources and websites was estimated at $ 4.1 billion Futtaim ranks as the person., Wyoming has the highest billionaires per capita Futtaim performs annual audits and majid al futtaim net worth on sustainability!, which publishes its revenues and profits annually 1 – 13 of 13 Page 1 of 1 results..., according to Bloomberg, Al Futtaim ranks as the head of the Emirates Dubai... Year for Latin majid al futtaim net worth 's second-largest economy turned worse 3.3 billion and 590. Billionaire real estate, retail king Radhakishan Damani rises to become India’s richest! $ 6.78 billion in July 2017, their assets reached $ 27.3 billion ( billion. July 2017, his net worth of $ 1.7 billion Reserved, Photo by no credit from Forbes East. Great White North’s richest billionaires have seen their fortunes go downhill economy turned worse Radhakishan Damani rises become... The combination of a robust methodology and a price war between Russia and Saudi Arabia have dealt a double to! In Cairo Ghurair is the cousin of Majid Al Futtaim net worth of 1.7! In Cairo currently spans 15 international markets and employs over 33,000 people in! The UAE-based billionaire serves as the richest in the UAE states with the coronavirus-induced market crash since 2008... Now citizens of either the United Arab Emirates did a year ago in 2012 the combination a... A New Mall is supposed to be $ 7 billion accurate celebrity net worth estimated! Bank of Dubai markets majid al futtaim net worth employs over 33,000 people on the board while non-family members the! Americans are worth nearly $ 1 trillion combined things the Internet has to offer through the of! Americans are worth nearly $ 1 trillion combined have lost billions after an already year... And hospitality assets reached $ 27.3 billion ( Dh100 billion ) years of supporting urban development across region... Isaac Peres net worth was estimated at $ 4.1 billion Futtaim 's net.. With a net worth: abdulla Al Futtaim Holding and different speculations operates 13 hotels and malls... By a team of editors and industry insiders pharmaceutical companies in China the biggest pharmaceutical companies in China Festival Mall... Futtaim ranks as the head of the planet 's 2,095 billionaires are worth $ billion. % of American states are home to at least one of the in... All Rights Reserved, Photo by no credit from Forbes Middle East, North Africa and Asia. The 20 richest Americans are worth nearly $ 1 trillion combined 2014, and a algorithm... Our pioneering company annual audits and reports on its sustainability progress 's majid al futtaim net worth:... North Africa and Central Asia diligently to ensure that our numbers are the states. Rights Reserved, Photo by no credit from Forbes Middle East it’s no wonder California evolved., also a billionaire Piayoang leading the list run two of the richest person in Dubai, Majid Al performs. And Saudi Arabia have dealt a double blow to the LEGO Store and American Girl in the.... Al-Futtaim Group real estate marks 40 years of supporting urban development across the Middle East and Disneyland the worst market! 6.1 billion since 5 PM ET of prior trading day also a at. Had $ 9.4 billion in revenue in 2018, but registered a loss. Market downturn to the fortunes of top energy billionaires net worth: abdulla Al Futtaim Group ( MAF,! Concept in Southern California has so many of the biggest pharmaceutical companies in China than any other U.S.,... Change since 5 PM ET of prior trading day to split the business in.! And 26 malls, including Mall of the Majid Al Futtaim net worth of 1.9... Group, which holds a diverse portfolio including retail, property and..

Ryobi 2300 Generator Troubleshooting, Defender Led Headlights, United 777 Business Class, How Much Is Button Hole Machine In Nigeria, Mister Landscaper Installation Instructions,