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M.A. Yusuff Ali

M.A. Yusuff Ali

M.A. Yusuff Ali (#731)

Global Rank #731
Country Rank #32
Country India

M.A. Yusuff Ali is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 6 B
  • Retail
  • India
  • M
  • 70 Years

Snapshot

Quick Facts

Global Rank #731
Country Rank #32
Net Worth $5.8B
Previous Worth $5.7B
Worth Change +$0.1B
Country India
Industry Retail
Age 70 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 10 Sep 2026, 12:00 AM
Residence Abu Dhabi, United Arab Emirates
World Billionaires List India Billionaires Retail

Profile Data

Personal Stats

Age 70
Source Of Wealth Retail, Self Made
Residence Abu Dhabi, United Arab Emirates
Citizenship India
Marital Status Married
Children 3
Net Worth Change +$0.1B +1.8% from previous worth
Previous Net Worth $5.7B
Current Net Worth $5.8B

Worth as of May 4, 2026

About Me

Middle East retail king M.A. Yusuff Ali presides over $7.9 billion (revenue) Lulu Retail, with 267 stores and malls in the Gulf and elsewhere. Hailing from a village in Kerala state in south India, Yusuff Ali left for Abu Dhabi in 1973 to join his uncle's small distribution business. In 2024, Yusuff Ali listed the retail business on the Abu Dhabi stock exchange, raising $1.7 billion. Yusuff Ali has a minority stake in Cochin International Airport and sits on its board. The airport runs on solar energy. Other assets include the Waldorf Astoria in Scotland and the Great Scotland Yard Hotel, the former headquarters of the U.K. Metropolitan Police.

Insights

Did You Know?

Yusuff Ali donated $6.8 million to fight the Covid-19 pandemic.He also built and donated a treatment center with 1,400 beds in Kerala.

Yusuff Ali opened his first Lulu hypermarket in the 1990s at the height of the Gulf War.

His son-in-law Shamsheer Vayalil runs his separate healthcare business.

In February 2025, a video of him carrying the coffin of an employee who died of a heart attack in Abu Dhabi, went viral.

Wealth Growth

Net Worth Growth Over Time

Tracking M.A. Yusuff Ali's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $5.8B (May 4, 2026)

© Iconic Billionaires