Businessman

Micky Jagtiani Net Worth

Micky Jagtiani Net Worth is
$5.96 Billion



Micky Jagtiani Biography

$5.1 Billion: Mukesh ‘Micky’ Jagtiani (born 15 August 1952) can be an Indian entrepreneur, located in the UAE, owner of the Dubai-based Landmark shops group.He did his schooling in Madras, Mumbai and Beirut, before emigrating to London, where he joined up with an accounting school that he eventually dropped away.His first organization was a family organization diversified into leisure, meals, hotels and consumer electronics and its particular logistics and distribution, today it employs around 45000+ people and has a lot more than 1000 shops over the Gulf, Middle East and India. He’s a university dropout, drove a taxi in London before shifting to Bahrain and overtaking his deceased family’s baby items shop. Through the years his Landmark Group relocated to Dubai and extended into style, electronics, furniture and spending budget resorts in Middle East and Southeast Asia. In 2008, Jagtiani right now a billionaire mall programmer and the chairman, Landmark International, Dubai-centered retail group, bought a 6% stake in the united kingdom high-street merchant Debenhams, and entered the Forbes set of billionaires, and the 16th richest Indian with a net well worth of USD 2 billion. Micky Jagtiani a billionaire growing his business empire from the Gulf to China. In April 2015, he was rated 291 in the Forbes set of globe billionaires, with a net well worth of US$5.0 billion. He’s wedded to Renuka who oversees Splash, his company’s fashion line, plus they possess two daughters and one boy. Micky Jagtiani Net Worthy of: Micky Jagtiani can be an Indian businessman who includes a net worthy of of $5.7 billion. Born Micky ‘Mukesh’ Jagtiani on 28 September 1951, in Madras, he’s a self-produced billionaire who owns the Dubai-based Landmark retail-shops group. Once a university drop-out and a London taxi-driver, Jagtiani opened up his first shop in Bahrain in 1973 with a $6,000 he got after his whole family members died in a brief period of period. Some forty years afterwards, he is who owns Landmark Group, the center East retail conglomerate with an increase of than 1,300 shops in 20 countries. It’s a $5 billion business (in estimated product sales) that has extended to Dubai through the years, mainly coping with fashion, electronics, home furniture and budget resorts in Middle East and Southeast Asia. Jagtiani also retains a stake in Skaks. and acquired a 6% stake in UK high-street retailer Debenhams. Some of his growing prosperity would go to Indian charities, including orphanage in Chennai and Mumbai. A married guy and a dad of three, Jagtiani’s wife Renuka oversees Splash, his company’s fashion series, and his kids also get involved in the family members business. Mukesh ‘Micky’ Jagtiani can be an Indian billionaire businessman who’s better known as the dog owner and Chairman of Landmark International, a Dubai-based company known because of its comprehensive range of shops. Jagtiani initial entered Forbes’ set of global billionaires in the entire year 2008. According to Forbes, the approximated net well worth of Jagtiani was about $4 billion in 2013. He was rated the 329 th richest person in the globe that yr. Micky’s net worth is continuing to grow to $5.1 billion in 2014. Jagtiani founded the center East retailing huge Landmark Group in 1973 with an individual store starting in Bahrain. Headquartered in Dubai, the privately kept group currently offers over $5 billion in annual revenues from almost 2000 stores situated in Africa, India, and the center East. Reports show that Jagtiani may start yet another 50 stores by following yr. Landmark operated and handled thirteen hypermarkets in India in collaboration with Groupe Auchan of France. Following the ending of both year older alliance, Micky’s company has tangled up with Spar, a Dutch merchant. Other business passions of the group consist of fitness and well-becoming gymnasiums, resorts and hospitality, confectionery, and healthcare. Jagtiani was created on August 15, 1952 in Kuwait. He attended college in Chennai, Mumbai, and Beirut, before finally shifting to London. There he attended an accounting college but later on dropped out. Micky Jagtiani’s wife Renuka Micky is definitely wedded to Renuka. She assists him run the business and also oversees the administration of the strong’s fashion collection called Splash. They possess 1 son and 2 daughters. The family members lives in Dubai, UAE. After dropping out of university, Jagtiani did many odd jobs including operating as a taxi driver in London. He relocated to Bahrain to control his family members business of baby items after his complete family members were lifeless. His brother passed away of bloodstream cancer and his dad died a couple of months later because of diabetic complications. His mom also passed on a year later because of cancer. Jagtiani place all his inheritance cash into buying baby products and therefore founded the Landmark Group in 1973. The business relocated to Dubai and later on diversified into diverse sectors such as for example electronics, mall development, meals, logistics and distribution, spending budget hotels, furniture, style, and leisure. The global conglomerate right now employs nearly 30,000 people globally and has existence all around the Gulf, Africa, Southeast Asia, India, and actually China. The billionaire businessman also offers significant shareholding in Saks and keeps a 6 percent stake in Debenhams, a British high-road retail giant. The large business empire and varied investments possess made Jagtiani among the richest individuals in India. Jagtiani founded a philanthropic basis called ‘Landmark International Basis of Empowerment’ or Existence in 2000. The business was formed to greatly help underprivileged children in India, via health care and school development applications, nonformal and vocational education, homes for impoverished kids, and medical camps and community treatment centers for all those living in slums. In addition, it supports an old-age house situated in Chennai. Micky also sponsors several charities in India. He’s a normal donor to orphanages in Mumbai and Chennai. Micky Jagtiani comes with an estimated net well worth of $5.96 billion by March 2017, regarding to Bloomberg. Micky Jagtiani is certainly Forbes’ 290th richest person in the globe in 2012. Many years after he overran the baby products store possessed by his family members,


Known for movies



Quick Facts

Full NameMicky Jagtiani
Net Worth4 billion USD
Date Of BirthAugust 15, 1952
NationalityIndian
SpouseRenuka Jagtiani
ChildrenNisha Jagtiani, Arti Jagtiani, Rahul Jagtiani


Filmography

Producer

TitleYearStatusCharacter
Refuge2002executive producer
Source
IMDB

Celebrity Net Worth

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