Majid Al Futtaim
Photo: UAEHistory1972, CC BY-SA 4.0, via Wikimedia Commons16

Majid Al Futtaim

Emirati businessman (1934–2021)

Majid Al Futtaim (1934 – 17 December 2021) was an Emirati billionaire businessman, and2

From Wikipedia’s article on Majid Al Futtaim (this version), CC BY-SA 4.0.

Born 1934, died Dec 17, 2021.1

Net worth $11.0B (as of Sep 2021, per thenational.ae).17 Richest people

About

the founder and owner of the Majid Al Futtaim Group, an Emirati real estate and retail conglomerate, with projects in Asia and Africa.

From Wikipedia’s article on Majid Al Futtaim, shared under CC BY-SA 4.0.2

Companies

Early life and education

Majid Al Futtaim was the cousin of fellow billionaire Abdulla Al Futtaim, the head of the Al-Futtaim Group, from whom he later became estranged.

The Majid Al-Futtaim Group currently spans 20 international markets and employs over 45,000 people.

From Wikipedia’s article on Majid Al Futtaim (this version), CC BY-SA 4.0.

Career

Occupation: businessperson.8

He was the founder and owner of the Majid Al Futtaim Group, which he began in 1992 after splitting the Al Futtaim empire with his cousin.

According to Forbes, Al Futtaim's net worth was US$4 billion, in September 2021.

Notable buildings

His company's most notable properties include the Mall of the Emirates, complete with an indoor ski slope, and the Mall of Egypt that opened in March 2017.

From Wikipedia’s article on Majid Al Futtaim (this version), CC BY-SA 4.0.

Personal life

  • DiedDec 17, 2021, Dubai9
  • CitizenshipTrucial States, United Arab Emirates10

Al Futtaim owned the yacht Quattroelle, built by Lürssen in 2013 for Michael Lee-Chin, who sold it in 2014. It has a crew of 29.

He was married and lived in Dubai. Al Futtaim died in Dubai on 17 December 2021. His son Tariq Al Futtaim is on the board of the Majid Al Futtaim Group.

From Wikipedia’s article on Majid Al Futtaim (this version), CC BY-SA 4.0.