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M.A. Yusuff Ali

M.A. Yusuff Ali

M. Ali
-0.1% | - $-5.76M
$5.65 B ₹ 51,431 Cr
Real Time Net Worth #732 Ranking as of 21 Feb 2026 By Forbes

More on M.A. Yusuff Ali

Gender

Male

Age

70Y

Country

India

Born On

November, 1955

Deceased

No

Relationship Status

Married

Children

3

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Retail)

Primary Organization

LuLu Group International

Titles

Chairman & MD

Sources of Wealth

LuLu Group International

Industry

Retail, Supermarkets, Real Estate, Food & Beverage

About M.A. Yusuff Ali


M .A. Yusuff Ali is a self-made Indian billionaire businessman based in the United Arab Emirates. He is the chairman and managing director of LuLu Group International, which owns the LuLu Hypermarket chain, a dominant retail player across the Middle East. Born in a small village in Kerala, India, he moved to Abu Dhabi in 1973 to join his uncle's small distribution business. He gradually expanded the business, moving from wholesale into the retail sector.

He opened the first LuLu Hypermarket in the 1990s, and with his keen business acumen, he has since built a vast retail empire with hundreds of stores, hypermarkets, and shopping malls across the Gulf region, as well as in India, Malaysia, and Indonesia. Beyond retail, his LuLu Group has diversified interests in food processing, logistics, and hospitality. He is known for his close ties with the royal families of the Gulf nations and is considered one of the most influential expatriate businessmen in the region. He is also a major philanthropist, particularly in his home state of Kerala.

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Quick Reads


  • Chairman and Managing Director of LuLu Group International.
  • Owns the LuLu Hypermarket chain, a major retailer in the Middle East.
  • Born in Kerala, India, he is now based in Abu Dhabi, UAE.
  • Started his career in his uncle's small distribution business.
  • Has diversified his group's interests into shopping malls, hotels, and food processing.

Early Life and Background


Yusuff Ali Musaliam Veettil Abdul Kader (M.A. Yusuff Ali), M.B.E., is an Indian businessman, the self-made billionaire Chairman and Managing Director of LuLu Group International, a massive multinational conglomerate spanning hypermarkets, shopping malls, and hospitality. Born in Thrissur, Kerala, India, in 1955, his career is rooted in retail and international trade.

Yusuff Ali emigrated to Abu Dhabi, UAE, in 1973 to join his uncle's small distribution business. His philosophical approach centers on scale, operational efficiency, and vertical integration (controlling the entire supply chain from sourcing to shelf). His structural contribution is tied to pioneering the hypermarket model in the Middle East and providing employment and community services to the large expatriate population.

  • LuLu Group International (Chairman & MD): The core private asset, a global leader in retail (LuLu Hypermarket), shopping malls, hospitality, and food processing (operating 270+ stores across 22 countries).
  • Retail Pioneer: He is credited with pioneering the hypermarket model in the Middle East (starting with the first LuLu Hypermarket in 2000).
  • Global Reach: The company has a massive global footprint across the Middle East, Asia, Europe, and the U.S.
  • Philanthropy: He is a major donor to medical research, education, and disaster relief (e.g., Kerala floods).

Career Journey of M.A. Yusuff Ali


M.A. Yusuff Ali's strategic genius was his commitment to high-volume, modern retail. He founded the first LuLu Hypermarket in 2000 in Dubai, successfully expanding it into a massive chain (over 270 stores). His structural contribution is immense: providing a one-stop, modern shopping experience to the huge expatriate population in the GCC (Gulf Cooperation Council) countries.

He later diversified into shopping malls, food processing, and logistics, creating a fully vertically integrated supply chain. His wealth is secured by the colossal, long-term, stable profitability of the global retail, food processing, and real estate sectors.

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M.A. Yusuff Ali's Timeline


1973 (Age 18):

Emigrates to Abu Dhabi to join his uncle's business (Pivotal Event).

1990s:

Yusuff Ali assumes a leadership role and begins aggressive expansion (Executive Ascent).

2000:

LuLu Hypermarket launches the first hypermarket in Dubai (Founding/Retail Pioneer).

2007:

Awarded the Padma Shri (India's fourth highest civilian honor) (National Honor).

2013 (approx.):

Awarded the M.B.E. (Member of the Order of the British Empire) (National Honor).

Ongoing:

Continues as Chairman and MD, guiding the global retail giant (Executive Oversight).

Major Business Ventures and Investments


M.A. Yusuff Ali's wealth is concentrated in his founding and controlling ownership of the private retail giant, LuLu Group International.

  • LuLu Group International (Chairman & MD): The core private asset, a global leader in retail (LuLu Hypermarket), shopping malls, hospitality, and food processing (operating 270+ stores across 22 countries).
  • Retail Pioneer: He is credited with pioneering the hypermarket model in the Middle East (starting with the first LuLu Hypermarket in 2000).
  • Global Reach: The company has a massive global footprint across the Middle East, Asia, Europe, and the U.S.
  • Philanthropy: He is a major donor to medical research, education, and disaster relief (e.g., Kerala floods).

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Philanthropy and Social Impact


M.A. Yusuff Ali's social impact is massive and structural, stemming from LuLu Group's role as a massive global employer (over 65,000 employees) and foundational provider of essential food and consumer goods globally. His personal philanthropy is immense, funding medical research, education, and community initiatives in India and the UAE. His appointment as a Member of the Order of the British Empire (M.B.E.) recognizes his services to business and the community.

His structural contribution is tied to the successful globalization of the hypermarket retail model and his commitment to job creation.

Fashion, Style, and Lifestyle


M.A. Yusuff Ali maintains the professional, composed style of an international executive. His attire is consistently formal and high-quality, favoring tailored suits or traditional Indian attire. His aesthetic reflects serious authority and stability, typical of a leader in the global retail sector.

Residing in Abu Dhabi, UAE, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to retail scale, logistical efficiency, and high-impact philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman and MD of LuLu Group International (LuLu Hypermarket, 270+ stores).
  • He emigrated to Abu Dhabi in 1973 and started in his uncle's small distribution business.
  • He is credited with pioneering the hypermarket model in the Middle East.
  • He was awarded the Padma Shri (India) and the M.B.E. (U.K.).
  • His company employs over 65,000 people globally.
  • He is a major donor for medical research and disaster relief (Kerala floods).
  • His wealth is tied to the successful vertical integration and globalization of the hypermarket retail model.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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