Majid Al Futtaim

Majid Al Futtaim
Residence	Dubai, United Arab Emirates
Nationality	Emirati
Occupation	Founder and owner, Majid Al Futtaim Group
Net worth	$8 billion (February 2016)
Spouse(s)	married
Relatives	Abdulla Al Futtaim (brother)

Majid Al Futtaim (Arabic: ماجد الفطيم) is an Emirati businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real estate and retail company.

Majid Al Futtaim is the brother of fellow billionaire Abdulla Al Futtaim, the head of the Al-Futtaim Group, from whom he is estranged.

It currently spans 15 international markets and employs over 33,000 people.

He is the owner and president of Majid Al Futtaim Group, which he founded in 1992 after splitting the Al Futtaim empire with his brother.

According to Forbes, Al Futtaim has a net worth of $5 billion, as of February 2016. In July 2013, Forbes named him as the richest entrepreneur from the UAE.

His company's most notable properties include the Mall of the Emirates, complete with an indoor ski slope, as well as the Mall of Egypt that was planned to open in 2016.

Al Futtaim is married and lives in Dubai. His son Tariq Al Futtaim also works for the Majid Al Futtaim Group.

Al Futtaim owns the yacht Quattroelle, built by Lurssen in 2013 for Michael Lee-Chin, who sold it in 2014. It has a crew of 29.

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