R afique Malik is an Indian billionaire who is the chairman of the Metro Brands, one of India's largest and most successful footwear retailers. The company was founded by his late father, who started with a single shoe store in Mumbai. Rafique took over the family business and has been the driving force behind its transformation from a small, local retailer into a major national player with a massive network of stores across the country.
Metro Brands operates a multi-brand retail strategy, with a portfolio of its own in-house brands (like Metro and Mochi) as well as being a major retail partner for international brands like Crocs. The company has a strong presence in the mid- to premium segment of the Indian footwear market. He took the company public in 2021, and his family's large controlling stake is the source of their billion-dollar fortune. His daughter is now the CEO of the company.