Majid Al Futtaim
#83,525 Most Popular
About
Emirati entrepreneur and billionaire known for founding the retail, real estate, and entertainment conglomerate Majid Al Futtaim which developed prominent destinations including City Centre Deira and Mall of the Emirates and Ski Dubai, while also operating VOX Cinemas and Carrefour franchises throughout the Middle East, Africa, and Asia.
Before fame
He began his professional life as a bank clerk. He established his namesake company Majid Al Futtaim in 1992.
Trivia
His company opened the Middle East's first indoor ski resort Mall of the Emirates and Ski Dubai in 2005. His family's wealth was estimated by Forbes to be approximately $3.6 billion in April 2021. His breakthrough came with the 1995 opening of City Centre Deira which was one of the UAE's earliest modern destination malls.
Family life
He was a cousin of billionaire businessman Abdulla Al Futtaim. He left ten heirs including his son Tariq Al Futtaim who served as a company director.
Associated with
His death was announced by Mohammed bin Rashid Al Maktoum in 2021.
