M.A. Yusuff Ali, born on November 15, 1955, is an Indian businessman and billionaire. He is the chairman and managing director of LuLu Group International, which owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall. With an annual turnover of US$8.4 billion, LuLu Group International employs the largest number of Indians outside India. Yusuff Ali has been recognized as the No. 1 Indian business owner in the Arab world and is ranked 27th on the Forbes billionaires list with a net worth of US$6.9 billion.
- M.A. Yusuff Ali is an Indian businessman and billionaire.
- He is the chairman and managing director of LuLu Group International.
- LuLu Group International owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall.
- Yusuff Ali is recognized as the No. 1 Indian business owner in the Arab world.
- He is ranked 27th on the Forbes billionaires list with a net worth of US$6.9 billion.
In summary, M.A. Yusuff Ali’s business ventures and investments extend far beyond his successful retail empire. Through strategic acquisitions and investments in various sectors, he has expanded his reach, diversified his portfolio, and cemented his reputation as a globally astute businessman.
|Catholic Syrian Bank
|South Indian Bank
|Scotland Yard Building
|East India Company
Family and Personal Life
M.A. Yusuff Ali’s family is an integral part of his life and the source of his strength. He is married and has three children, who are all successful in their own right.
“Family is not an important thing, it’s everything.” – Michael J. Fox
His eldest daughter is married to Shamsheer Vayalil, a billionaire businessman and founder of VPS Healthcare. Vayalil is known for his contributions to the healthcare sector and his philanthropic endeavors.
Yusuff Ali’s second daughter is married to Adeeb Ahamed, the CEO of Lulu International Exchange. Ahamed plays a crucial role in expanding the exchange’s operations and ensuring its success as a leading global remittance and foreign exchange company.
Meanwhile, his youngest daughter is married to Sharoon Shamsudheen, who is actively involved in IT businesses. Shamsudheen’s expertise and passion have contributed to the growth and success of various technological ventures.
|Year of Birth
|November 15, 1955
|LuLu Group International
|Retail, Hospitality, Real Estate
|Forbes Billionaires List, Business Man of the Year
Net Worth and Financial Achievements
As one of the wealthiest individuals in India, M.A. Yusuff Ali has achieved significant financial success throughout his career. With a net worth of US$6.9 billion, he has built an impressive empire through his business ventures and investments.
One of the key contributors to Yusuff Ali’s net worth is his company, LuLu Group International. With an annual turnover of US$8.4 billion, LuLu Group International has established itself as a major player in the global market.
Yusuff Ali’s financial achievements can be attributed to his strategic business decisions, successful investments, and his ability to identify lucrative opportunities in various sectors. His entrepreneurial mindset and dedication to excellence have played a crucial role in his financial growth.
|Net Worth (USD)
This table showcases the steady growth of M.A. Yusuff Ali’s net worth over the years, reflecting his continued success in the business world.
Future Plans and Expansion
In his illustrious career, M.A. Yusuff Ali has always been driven by a vision of growth and innovation. Looking ahead, he has several ambitious plans for the future, which are set to shape the trajectory of his career and the expansion of his business empire.
Listing the Retail Business
One of Yusuff Ali’s major future plans involves listing the retail business of LuLu Group International. This strategic move is aimed at further enhancing the company’s market presence and facilitating its expansion into new territories. By going public, LuLu Group International will not only gain access to additional funding but also establish itself as a major player in the global retail industry.
Exploring New Business Opportunities
M.A. Yusuff Ali is known for his entrepreneurial spirit and his ability to identify lucrative business opportunities. As he looks to the future, he remains committed to exploring new avenues for growth and diversification. By leveraging his vast experience and industry insights, Yusuff Ali aims to enter new sectors and tap into emerging markets to expand the reach of his business empire.
Building on the success of LuLu Group International, Yusuff Ali aims to strengthen the company’s global presence through strategic expansion initiatives. With a focus on markets beyond the Gulf region, he plans to establish a strong foothold in key international markets, ensuring that LuLu Group International becomes a globally recognized brand.
“I believe in continuously challenging myself and pushing boundaries. The future holds immense potential, and I am committed to seizing every opportunity to grow, innovate, and make a lasting impact.” – M.A. Yusuff Ali
Yusuff Ali’s unwavering dedication to his career and his relentless pursuit of growth are key factors that have propelled him to great heights. As he looks to the future, his vision for expansion and success is poised to shape not only his own career but also the landscape of the global business industry.
Legacy and Impact
M.A. Yusuff Ali’s illustrious career and extraordinary achievements have left an indelible mark on the business landscape in India and the Arab world. Through his visionary leadership and relentless pursuit of excellence, Yusuff Ali has transformed LuLu Group International into a global powerhouse, setting new standards for success and innovation.
His remarkable journey serves as a beacon of inspiration for budding entrepreneurs, demonstrating the immense potential for growth and advancement in the global market. By diversifying the operations of LuLu Group International and expanding its reach, Yusuff Ali has created countless job opportunities and contributed significantly to the economic development of multiple regions.
Yusuff Ali’s unwavering commitment to philanthropy and social initiatives further underscores his impact on society. Through his generous contributions, he has championed causes that promote education, healthcare, and community welfare. His unwavering dedication to giving back to the communities he serves has earned him numerous accolades and recognitions.
Q: Who is M.A. Yusuff Ali? M.A. Yusuff Ali Life Work Bio
A: M.A. Yusuff Ali is an Indian businessman and billionaire. He is the chairman and managing director of LuLu Group International, which owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall. He has been recognized as the No.1 Indian business owner in the Arab world and is ranked 27th on the Forbes billionaires list with a net worth of US$6.9 billion.
Q: What is M.A. Yusuff Ali’s early life?
A: M.A. Yusuff Ali was born on November 15, 1955, in Nattika, Thrissur, Kerala, India, into a Muslim family. He completed his schooling at St. Xavier’s High School in Karanchira and moved to Abu Dhabi in 1973 to join his uncle’s business.
Q: How did LuLu Group International expand under M.A. Yusuff Ali’s leadership?
A: Under M.A. Yusuff Ali’s leadership, LuLu Group International expanded from a small distribution business to a multinational conglomerate. The group diversified its operations to include import and distribution of frozen products, cold storages, meat and food processing plants, and large-scale import and distribution to hotel groups and catering companies. It operates more than 100 stores in the Arab states of the Persian Gulf and owns several shopping malls across the GCC states.
Q: What philanthropic activities is M.A. Yusuff Ali involved in?
A: M.A. Yusuff Ali is actively involved in philanthropic activities in India and the Arab states of the Gulf. He has contributed millions to various charitable causes, including the fight against the Covid-19 pandemic. He has also undertaken initiatives to support education, healthcare, and community development.
Q: What business ventures and investments does M.A. Yusuff Ali have?
A: In addition to LuLu Group International, M.A. Yusuff Ali has made significant investments in various sectors. He has acquired stakes in banks such as Catholic Syrian Bank, Dhanlaxmi Bank, Federal Bank, and South Indian Bank. He also owns properties such as the Scotland Yard Building in London and has investments in trading firms like East India Company.
Q: What is M.A. Yusuff Ali’s family and personal life?
A: M.A. Yusuff Ali is married and has three children. His eldest daughter is married to billionaire businessman Shamsheer Vayalil, while his second daughter is married to Adeeb Ahamed, the CEO of Lulu International Exchange. His youngest daughter is married to Sharoon Shamsudheen, who is involved in IT businesses. Yusuff Ali resides in Abu Dhabi.
Q: Has M.A. Yusuff Ali received any recognitions and awards?
A: Yes, M.A. Yusuff Ali has been honored with several prestigious awards and recognitions throughout his career. These include the Pravasi Bharatiya Samman, Padma Shri, and Business Man of the Year award. He has also received awards for his philanthropic efforts and contributions to promoting business relations between Switzerland and the UAE.
Q: What is M.A. Yusuff Ali’s entrepreneurial journey and success story?
A: M.A. Yusuff Ali’s entrepreneurial journey is a testament to his hard work and determination. From humble beginnings, he built a successful business empire that spans multiple industries. His dedication and vision have made him one of the most successful Indian businessmen in the Arab world.
Q: What is M.A. Yusuff Ali’s net worth and financial achievements?
A: With a net worth of US$6.9 billion, M.A. Yusuff Ali is considered one of the wealthiest individuals in India. His business ventures and investments have contributed significantly to his financial success. His company, LuLu Group International, generates an annual turnover of US$8.4 billion.
Q: What are M.A. Yusuff Ali’s future plans and expansion strategies?
A: M.A. Yusuff Ali has ambitious plans for the future, including listing the retail business of LuLu Group International in the coming years. He continues to explore new business opportunities and expand the presence of his company globally.
Q: What is M.A. Yusuff Ali’s legacy and impact?
A: M.A. Yusuff Ali’s remarkable career and achievements have had a significant impact on the business landscape in India and the Arab world. His success story serves as an inspiration to aspiring entrepreneurs and showcases the potential for growth and innovation in the global market.