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Published -
- May 10, 2020
- 11:40 am
Worth over $14 billion dollars, Sheikh Mohammed bin Rashid Al Maktoum is one of the wealthiest men on the planet.
Today, we’re going to take a look at the luxurious, lavish, life of royalty he lives.
What are some of the key factors in Majid Al Futtaim’s success?
Dubai is known for its luxurious hotels, beautiful beaches, and impressive buildings. It is also home to some of the wealthiest people in the world. There are many billionaires in Dubai, but the richest person in the city is Majid Al Futtaim.
Majid Al Futtaim was born in 1959 in Kuwait. He is the founder and owner of the Majid Al Futtaim Group, which is one of the largest retail and real estate companies in the Middle East. The group operates more than 20 shopping malls, 12 hotels, and a number of entertainment facilities, including cinemas and ski resorts.
Al Futtaim started his career in the family business, but he soon realized that he wanted to create something of his own. In 1992, he founded the Majid Al Futtaim Group with a focus on real estate and shopping malls.
One of the keys to Al Futtaim’s success is his ability to identify opportunities and act quickly. He was one of the first businessmen in Dubai to invest in shopping malls, which were a relatively new concept at the time. Today, the Majid Al Futtaim Group owns some of the largest and most popular malls in the region, including the Mall of the Emirates and the City Centre Malls.
Another factor in Al Futtaim’s success is his commitment to innovation and customer experience. He is known for introducing new ideas and technologies, such as the Ski Dubai indoor ski resort, which has been a huge success. Al Futtaim also places a strong emphasis on sustainability, and many of his projects have been designed to minimize their environmental impact.
Al Futtaim’s net worth is estimated to be around $10 billion, making him the richest person in Dubai. He is also one of the most influential business people in the Middle East, and his company employs more than 40,000 people.
Despite his wealth and success, Al Futtaim has remained humble and grounded. He is known for his philanthropic efforts, and he has donated a significant amount of money to various charities and initiatives. He is also committed to promoting education and entrepreneurship in the region.
In conclusion, Majid Al Futtaim is the richest person in Dubai, and one of the most successful and influential businessmen in the Middle East. He has built a hugely successful company from the ground up, and his commitment to innovation and customer experience has made him a leader in the retail and real estate industries. Despite his wealth and success, he remains humble and committed to giving back to his community.
