Major Events Of M.A. Yusuff Ali’s Life
- 1955: M.A. Yusuff Ali was born in Thrissur, Kerala, India.
- 1973: Yusuff Ali started his career as a small trader in Abu Dhabi, United Arab Emirates (UAE).
- 1975: Yusuff Ali founded the LuLu Group International with a single grocery store in Abu Dhabi.
- 1990: LuLu Group International expanded its operations to other parts of the UAE and began importing products from different countries.
- 2000: LuLu Group International opened its first hypermarket in Dubai, UAE.
- 2008: LuLu Group International expanded to other countries, including Oman, Qatar, Kuwait, Bahrain, and Saudi Arabia.
- 2013: Yusuff Ali was awarded the Padma Shri, one of the highest civilian awards in India, for his contributions to the Indian economy.
- 2016: LuLu Group International opened its first hypermarket in Malaysia.
- 2017: LuLu Group International announced its plans to invest $500 million in the Indian retail sector.
- 2018: Yusuff Ali was ranked the richest ex-pat in the UAE by Forbes Middle East, with a net worth of $5.2 billion.
- 2019: LuLu Group International announced its plans to invest $300 million in Egypt’s retail sector.
- 2021: Yusuff Ali was ranked the third-richest Indian in the UAE by Forbes Middle East, with a net worth of $4.7 billion.
M.A. Yusuff Ali is a prominent businessman and entrepreneur from India, who is best known as the founder and chairman of Lulu Group International. Overall, M.A. Yusuff Ali’s journey from a small trader to the founder of a global retail empire is a testament to his hard work, business acumen, and vision. M.A. Yusuff Ali is a remarkable entrepreneur and philanthropist who has made significant contributions to the business and social sectors in India and the Middle East. His inspiring journey from a small trader to a successful business tycoon is a testament to his determination, vision, and leadership skills.