M.A. Yusuff Ali – Billionaire
M.A. Yusuff Ali
REAL TIME NET WORTH — as of 4/21/17
$4.8 B
Middle East retail king M.A. Yusuff Ali presides over $7.4 billion (revenue) LuLu Group, with 133 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 newly renovated Sheraton hotel in Muscat. The Scotland Yard Hotel in London will reopen later this year after renovations.
Source:forbes
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