M.A. Yusuff Ali
M.A. Yusuff Ali
At a Glance
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Age58
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Earnings$ 2.3 Billion
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Source of earningsRetail
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Marital StatusMarried
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Children3
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ResidenceAbu Dhabi
Forbes India Lists
#40 India Rich List 2014
#40 India Rich List Rank 2013
Profile
Retail king of Abu Dhabi controls $5.7 billion (revenues) Lulu Group, which has 110 hypermarkets, supermarkets and grocery outlets, mostly in the Middle East. Now expanding to Africa, Malaysia and Indonesia. Already has a Lulu mall in Kochi. Has gone on a buying binge in his native Kerala, picking up stakes in a string of banks. He has built a lavish 60,000 sq ft waterfront home in Kochi in the traditional Kerala style.
Fast Fact: Recently bought an Embraer Legacy 500 jet for $25 million.
