MA Yusuff Ali Business: One of the richest Indians, MA Yusuff Ali is from Kerala. Yusuf was listed as the 35th richest Indian in the Forbes India Rich List 2022 last year.
MA Yusuff Ali Business: Indians are now no less than anyone and the country is doing great work in the world. Along with well-known stalwarts like Mukesh Ambani, Gautam Adani, there are many other business giants who are included in the list of the richest people. One name among them is that of MA Yusuff Ali.
One of the richest Indians, MA Yusuff Ali is from Kerala. Yusuf was listed as the 35th richest Indian in the Forbes India Rich List 2022 last year.
Who is MA Yusuff Ali?
Indian retail tycoon MA Yusuff Ali (Yusuff Ali Musaliam Veettil Abdul Kader) is a native of Thrissur (Kerala). MA Yusuf Ali is the Chairman and Managing Director of LuLu Group. LuLu Group operates in 23 countries spanning the Middle East, Asia, America and Europe. The group has more than 65,000 employees and has an annual revenue of approximately $8 billion or Rs 66,000 crore.
Lulu Group Chairman M A Yusuf Ali, with a net worth of Rs 43,612.56 crore ($5.4 billion) in 2022, is ranked first among the richest people in Kerala and 35th nationally, according to the Forbes India Rich List. Yusuf’s current net worth is 7.1 billion dollars, which is equal to Rs 5,91,18,15,00,000.
Yusuf Ali went to Abu Dhabi again…
Yusuf has a diploma in business management and administration. In 1973, Yusuf Ali went to Abu Dhabi to work with his uncle in a small distribution company. In the 1990s, they launched the first LuLu superstore.
The headquarters of Lulu Company is in Abu Dhabi, the capital of United Arab Emirates (UAE). It is most recognized in the Gulf through its network of popular shopping centers and hypermarkets that cater to the largest range of multi-ethnic citizens in the region.
Apart from his busy professional activities, Yusuf Ali is also associated with many organizations and contributes equally to the community. Shabira Yusuf Ali is his wife. The couple has three children. His eldest daughter Sabina is married to healthcare entrepreneur and billionaire Shamsheer Vayalil.
