According to recent reports, Majid Al Futtaim is often cited as one of the wealthiest individuals in Dubai.
Majid Al Futtaim: A Profile
Majid Al Futtaim, born in Dubai in 1938, is best known for establishing the Majid Al Futtaim Group in 1992. His company significantly impacted the retail and real estate sectors in the UAE and beyond. A pivotal venture was introducing Carrefour supermarkets to the region, revolutionizing the shopping experience.
Key Detail | Description |
---|---|
Birth | 1938, Dubai, UAE |
Founder | Majid Al Futtaim Group (1992) |
Industry | Retail and Real Estate |
Notable Venture | Introduced Carrefour to the UAE |
It is important to note that rankings of wealthy individuals can fluctuate based on various factors, including market conditions and asset valuations. While Majid Al Futtaim has been a prominent figure on these lists, wealth rankings are subject to change.