Who's The Richest Person In Dubai

Ever wondered who's sitting pretty at the top of the Dubai cash pile? You know, the person who could buy the Burj Khalifa as a party favor? Let's dive in, shall we?

Meet the Big Kahuna

So, who's the richest person in Dubai, you ask? Well, hold onto your abayas, because it's none other than Majid Al Futtaim, a man who's pretty much a one-person economy.

Now, you might be thinking, "Who's that?" And that's okay, because even though he's super wealthy, he's not exactly a household name like, say, Elon Musk or Jeff Bezos. But trust me, his influence is everywhere in Dubai.

From Humble Beginnings

Majid Al Futtaim didn't just wake up one day and find a genie in a lamp. No, he started from the ground up, like a true Dubai success story.

Born in Lebanon, he moved to Dubai in the 1970s, when it was still a little desert town. He started out as a small-scale trader, selling goods in the souks. Talk about a rags-to-riches tale, right?

Building an Empire

Fast forward a few decades, and Majid Al Futtaim has become a retail and development powerhouse. His company, Majid Al Futtaim Holding, is worth a cool $16.5 billion, according to Forbes.

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He's the brains behind the massive Mall of the Emirates, which is like the Disneyland of shopping. You know, where you can ski indoors and then grab a Starbucks. Only in Dubai, right?

And get this, he's also the guy who brought Carrefour to the Middle East. So, the next time you're doing your grocery shopping, you can thank Majid for the cheap French bread.

Giving Back

But it's not all about the Benjamins for Majid Al Futtaim. He's also a big believer in giving back to the community that helped him build his empire.

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His company has invested heavily in sustainability projects, like reducing waste and conserving water. And he's also a big supporter of education and healthcare initiatives in the UAE.

So, How Rich is He?

Alright, let's get down to brass tacks. As of 2021, Majid Al Futtaim's net worth is a cool $10.6 billion, according to Forbes. That's enough to buy a small country, or at least a really nice yacht.

To put that into perspective, if you were to stack $10.6 billion in $100 bills, it would reach about 1.2 miles high. That's like building a tower of cash that's taller than the Empire State Building. Now that's what I call a cash mountain!

So, there you have it. The next time you're strolling through the Mall of the Emirates, sipping a Starbucks, and wondering who's the richest person in Dubai, remember the name Majid Al Futtaim. He's the man behind the magic.