M. A. Yusuff Ali

Businessman, entrepreneur

Indian Nattika, Thrissur district, Kerala, India

Quick Info

ProfessionBusinessman, entrepreneur
NationalityIndian
Date of Birth15/11/1955
Age70 years
BirthplaceNattika, Thrissur district, Kerala, India

Latest News about M. A. Yusuff Ali

26/08/2025

Reports on Lulu Retail’s IPO said investor demand led the company to increase the offering size from 25% to 30%. The move indicated strong market interest in the retail arm associated with Yusuff Ali’s business group.

25/08/2025

Yusuff Ali said political interference was delaying the long-running construction of Lulu Mall in Thrissur. The remarks drew attention because the project is a significant expansion effort in his home state and had already faced extended delays.

03/04/2025

M. A. Yusuff Ali was reported as the wealthiest Malayali in Forbes' 2025 billionaire coverage, with a net worth of $5.5 billion. The report also placed him among India’s leading billionaires, reflecting a decline from earlier valuations but confirming his continued prominence in retail and investment.

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Bio/Wiki

Full NameYusuff Ali Musaliam Veettil Abdul Kader
Known ForFounder and Chairman/Managing Director of LuLu Group International
AwardsPadma Shri (2024), Nari Shakti Puraskar (2023 - for philanthropic work)
TitlesMiddle East Retail King

Educational Qualification(s)

SchoolingCompleted schooling in Thrissur district
Further StudiesDiploma in Business Management and Administration in Gujarat

Personal Life

ResidenceAbu Dhabi, United Arab Emirates
Marital StatusMarried
ChildrenThree children

Family

RelativeJoined his paternal uncle M.K. Abdullah's business in Abu Dhabi

Career

Moved to Abu Dhabi and joined his uncle's trading business
Established the first LuLu grocery store
Business InterestsBuilt LuLu Group International into a major retail and shopping mall group
Ranked 27th richest Indian by Forbes with a net worth of $6.9 billion
Awarded Padma Shri for his contributions to trade and philanthropy

Some Lesser Known Facts

1. Started his business career in Abu Dhabi in the early 1970s.
2. LuLu Group expanded from trading into hypermarkets and shopping malls.
3. He is widely identified as a major Indian business leader in the Gulf region.
4. He settled an ₹8 lakh loan for a Kerala woman in 2024 as part of his philanthropic efforts.
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