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Majid Al Futtaim Net Worth

Majid Al Futtaim Net Worth is
$7 Billion

Majid Al Futtaim Biography

Majid Al Futtaim net well worth according to 2015 stats is usually $6,500,000,000.5 Billion: Majid Al Futtaim may be the estranged brother of billionaire Abdulla Al Futtaim. nonfamily members work his eponymous holding organization, which works malls and Carrefour hypermarkets over the Middle East, North Africa, and Central Asia. Michael Rake, the chairman of Uk telecom organization BT Group, is usually chairman. Although privately kept by Majid, it’s the most transparent conglomerate in the UAE, increasing capital on the financial marketplaces and publishing its financials. Headquartered in Dubai, Majid’s group develops stores over the MENA region.$6. 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. Majid Al Futtaim may be the brother of billionaire Abdulla Al Futtaim, who’s running the auto business retail sector of the family members conglomerate Al Futtaim Group. Following the family members split its business passions in 2000, Majid Al Futtaim required in his possession the house advancement business, which is today referred to as Majid Al Futtaim Group. A global known PROPERTY, Business character Majid Al Futtaim born on 1st January in great town of Emirati. Furthermore, the group currently manages 11 resorts including Pullman and Kempinski resorts, both which are next to the Mall of the Emirates. The signature working arm of the group is usually Majid Al Futtaim Properties, which is operating eleven stores in the UAE, Oman, Egypt and Bahrain. A fresh mall is meant to be completed in 2013, another in 2014, and one in 2015. The group’s flagship business may be the Mall of the Emirates, as the mall that was opened up in September 2005, offers as its anchor tenant the largest Carrefour hypermarket in Dubai.

Quick Facts

Net Worth$7 Billion

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