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Majid Al Futtaim Net Worth

Majid Al Futtaim Net Worth is
$7 Billion

Majid Al Futtaim Biography

$6.5 Billion: Majid Al Futtaim may be the estranged brother of billionaire Abdulla Al Futtaim. nonfamily members work his eponymous holding business, which works malls and Carrefour hypermarkets over the Middle East, North Africa, and Central Asia. Michael Rake, the chairman of Uk telecom business BT Group, is definitely chairman. Although privately kept by Majid, it’s the most transparent conglomerate in the UAE, increasing capital on the financial marketplaces and publishing its financials. Majid Al Futtaim net well worth: Majid Al Futtaim can be an Arab real estate programmer and billionaire who includes a net well worth of $7 billion. Majid Al Futtaim may be the brother of billionaire Abdulla Al Futtaim, who’s running the auto business retail sector of the family members conglomerate Al Futtaim Group. Following the family members split its business passions in 2000, Majid Al Futtaim got in his possession the house advancement business, which is today referred to as Majid Al Futtaim Group. Headquartered in Dubai, Majid’s group develops stores across the MENA area. The group’s flagship business may be the Mall of the Emirates, as the mall that was opened up in September 2005, offers as its anchor tenant the largest Carrefour hypermarket in Dubai. The signature working arm of the group is definitely Majid Al Futtaim Properties, which is operating eleven stores in the UAE, Egypt, Oman and Bahrain. A fresh mall is meant to be completed in 2013, another in 2014, and one in 2015. Furthermore, the group presently manages 11 resorts including Pullman and Kempinski resorts, both which are next to the Mall of the Emirates. A world known PROPERTY, Business personality Majid Al Futtaim born about 1st January in great city of Emirati. Majid Al Futtaim net well worth relating to 2015 stats is definitely $6,500,000,000.

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