Majid Al Futtaim
Verified
Biography
Majid Al Futtaim founded the Majid Al Futtaim group in 1992 after splitting the wider Al Futtaim business with his cousin Abdulla Al Futtaim, according to Wikipedia. He died in Dubai on 17 December 2021. His son Tariq sits on the group's board. The group he founded reported record first-half 2026 EBITDA of AED 2.5 billion and says it serves more than 600 million customers a year across 14 markets. No sourced net worth figure was found.
Career
- 1992 · Founder · Majid Al Futtaim
Achievements
- Founded one of the Middle East's largest retail and property groups