M.A. Yusuff Ali
M.A. Yusuff Ali
At a Glance
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Age60
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Earnings$ 4 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
#25 India Rich List 2016
#24 India Rich List Rank 2015
#40 India Rich List Rank 2014
#40 India Rich List Rank 2013
Profile
Middle East retail king presides over $6.3 billion (revenue) LuLu Group, with 129 stores in the Gulf region, India, Egypt, Indonesia and Malaysia. New projects include a $300 million investment in Trivandrum in South India that will include a mall, hotel and convention center. The group's hospitality arm owns Dubai's first Steigenberger hotel, a German luxury hotel brand and a 50% stake in the Sheraton hotel in Muscat, which will reopen later this year after renovations.
