Lulu Mall is owned by the Abu Dhabi, United Arab Emirates-based multinational conglomerate, LuLu Group International. It was founded by M.A. Yusuff Ali, an Indian-born billionaire from Kerala, India. While the headquarters are in the UAE, the group has a massive presence in India and across the Middle East.
Yusuff Ali Musaliam Veettil Abdul Kader, popularly known as M. A. Yusuff Ali (born 15 November 1955), is an Indian businessman and billionaire. He is the chairman and managing director of LuLu Group International, which owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall.
Headquartered in Abu Dhabi, the capital of the United Arab Emirates, it is a world-renowned purveyor of an international business portfolio that ranges from hypermarket operations to shopping mall development, manufacturing and trading of goods, hospitality assets, and real estate.
Yusuff Ali, began with a single hypermarket in Abu Dhabi, United Arab Emirates. Over the years, it has evolved into a multinational conglomerate, operating 259 stores across 22 countries and employing over 65,000 individuals.
Lulu owner Yusuf Ali has net worth of 8.7 billion USD, and still he's not a citizen of UAE (although residing there for many decades). For UAE golden visa ~4Cr INR is enough.
How An Indian Immigrant Built A $8.4B Supermarket From The Middle East | The Blueprint
Who is the CEO of Lulu?
Chief Executive Officer / Executive Director
Mr. Saifee Rupawala has been the Chief Executive Officer of Lulu Retail since July 2024 and a Director of Lulu Retail since September 2019. He has also served as a Director on the Selling Shareholder's Board since December 2017.
Shah Rukh Khan was the first Indian actor to receive the UAE Golden Visa, awarded in 2019. The UAE's decision reflected his immense contribution to global cinema and his special bond with the emirate, where he owns property and is a brand ambassador for Dubai Tourism.
Lululemon, commonly styled as lululemon (/ˌluːluˈlɛmən/ loo-loo-LEM-ən; all lowercase), is an American-Canadian multinational athletic apparel retailer headquartered in Vancouver, British Columbia, and incorporated in Delaware, United States, as Lululemon Athletica Inc.
Yusuff Ali, the Indian-born billionaire behind the global LuLu Group, is not only one of the richest businessmen from Kerala but also a close and long- time friend of superstar Rajinikanth.
The average monthly salary for a Sales Assistant at Lulu Hypermarket is approximately AED 2,527, while a Store Manager can earn up to AED 6,637 per month.
The richest person residing in Dubai is generally considered to be Pavel Durov, the founder of Telegram, with an estimated net worth exceeding $17 billion, making him a prominent tech figure in the UAE's wealthy landscape alongside local real estate moguls like Hussain Sajwani. While royal families hold vast wealth, Durov stands out as the leading non-Emirati billionaire based in the city, attracting tech wealth to Dubai.
LuLu Group International is a UAE based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. Lulu Group India Head Quarters is located in Kochi, India It was founded in 1989 by M. A. Yusuff Ali from Nattika in Kerala, India.
🇮🇳 Top 5 Biggest Malls in India 🏙️🔥 1️⃣ Sarath City Capital Mall, Hyderabad – 2.7 million sq. ft 🛍️ 2️⃣ Lulu Mall, Lucknow – 2.2 million sq. ft 🏗️ 3️⃣ Lulu Mall, Thiruvananthapuram – 2.2 million sq. ft 🏬 4️⃣ Lulu Mall, Kochi – 2.0 million sq.
Lululemon's supply chain spans Asia and, in very limited cases, North America. Their key manufacturing countries include China, Vietnam, Sri Lanka, and Cambodia—with occasional premium or R&D lines made in North America.
With a $1-billion stake in Lululemon, Elliott Management now owns about four per cent of the company — roughly half of Dennis J “Chip” Wilson, who is the founder of Lululemon and still the largest individual shareholder.
As with anything else, check labels before actually buying. Roughly 67% of Lululemon's products are manufactured in China and the remaining 33% are manufactured in the U.S., Canada, Israel, Taiwan, Indonesia, and India.
By gross floor area, the Iran Mall is the largest of the lot and the largest shopping mall in the world 2026, with a staggering 21 million sq ft (1.95 million m 2).
Shah Rukh Khan (SRK) removed Aishwarya Rai from several films in the early 2000s, most notably Chalte Chalte and Veer-Zaara, primarily due to unprofessional conduct and disruptions caused by her then-boyfriend, Salman Khan, on sets, leading to tensions and production issues, a situation SRK later regretted but felt was a difficult professional choice at the time. SRK admitted it was unfair and a result of "unavoidable circumstances," while Aishwarya confirmed she was dropped from projects without explanation, though they later reconciled and worked together again in Ae Dil Hai Mushkil.
Shah Rukh Khan leads with a whopping ₹12,931 crore 💸, followed by Akkineni Nagarjuna ₹5,000 crore and Salman Khan ₹3,225 crore 🌟. Other stars in the list include Hrithik Roshan, Akshay Kumar, Aamir Khan, Chiranjeevi, Amitabh Bachchan, Venkatesh, and Ram Charan 🎥✨. Who's your favorite among these mega-rich stars?
