A significant number of Indians are currently operating a wide variety of enterprises. Mukesh Ambani and Gautam Adani are only two examples of well-known wealthy individuals living in India.
M. A. Yusuff Ali is not only one of the wealthiest people in India but also in the world. He hails from the state of Kerala, which is widely recognised for its high educational standards. According to the Forbes India Rich List from the previous year, he was listed as the 35th richest Indian.
Who exactly is this M. A. Yusuff Ali? He is a successful retail entrepreneur hailing from Kerala. He is the head of the Lulu Group, which is an organisation that has operations in 23 countries across the Americas, Asia, Europe, and the Middle East. They generate over $8 billion in revenue annually and have over 65,000 employees.
M. A. Yusuff Ali is ranked as the wealthiest individual in Kerala and the 35th richest individual in all of India on the Forbes India Rich List for the year 2022. His wealth was approximately $5.4 billion in 2022, but it has since increased to $7.1 billion.
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After completing his education in business management, he started working in Abu Dhabi in 1973 for his uncle. The decade of the 1990s saw the debut of his first LuLu supermarket.
The LuLu Group’s headquarters are located in Abu Dhabi, and the company operates numerous large and well-known businesses and shopping malls across the Gulf area.
In addition to his hectic schedule in the business world, Yusuff Ali is active in a wide variety of organisations and gives back to his community. They have three children together, and his wife’s name is Shabira Yusuff Ali. The couple’s eldest daughter, Sabeena, tied the knot with a businessman in the healthcare industry named Shamsheer Vayalil.
