Yusuf Ali Net Worth (Updated 2025).
Yusuf Ali, born in 1949, began his career in the 1970s, working as a software engineer for IBM. During this time, he honed his technical skills and developed a passion for computers and their potential.
In the 1980s, Yusuf Ali co-founded a software company, which later became a significant player in the industry. His innovative approach to software development and his ability to understand and meet client needs earned him recognition and respect in the tech community.
Yusuf Ali’s Current Net Worth
As of 2025, Yusuf Ali’s current net worth is estimated to be around $1.5 billion, according to Forbes. This significant wealth accumulation can be attributed to his successful career in the retail industry and his strategic investments.
Career
Yusuf Ali is the founder and chairman of the LuLu Group International, a multinational conglomerate with operations in retail, shopping malls, and hospitality. He started his career in the late 1970s, working in various retail jobs before establishing his first store in Abu Dhabi in 1990. Today, LuLu Group has over 170 stores across the Middle East, India, and Southeast Asia, employing more than 50,000 people.
Other Ventures
In addition to LuLu Group, Ali has invested in various other ventures. He is a co-owner of the Indian Premier League cricket team, the Kerala Blasters FC. He also owns a stake in the UAE-based airline, Air Arabia. Furthermore, Ali has invested in real estate, with properties in the UAE, India, and Europe.
Assets
Yusuf Ali’s assets include a majority stake in LuLu Group, which is valued at over $2 billion. He also owns luxury properties in Abu Dhabi, Dubai, and Kochi, India. Additionally, Ali’s art collection, which includes works by prominent artists like M.F. Husain and Tyeb Mehta, is estimated to be worth tens of millions of dollars.
Annual Income
Yusuf Ali’s annual income is primarily derived from his stake in LuLu Group. In 2024, his estimated earnings were around $200 million. This figure can vary year by year depending on the company’s performance and Ali’s other business ventures.
Frequently Asked Questions about Yusuf Ali
**Frequently Asked Questions: Yusuf Ali Net Worth**
1. What is Yusuf Ali’s net worth?
Yusuf Ali’s net worth is estimated to be around $1.5 billion.
2. How did Yusuf Ali make his fortune?
Yusuf Ali made his fortune through his business ventures, primarily in the retail sector. He is the founder of the Lulu Group International, a multinational retail conglomerate with operations in several countries.
3. What is the Lulu Group International?
The Lulu Group International is a retail conglomerate founded by Yusuf Ali. It operates hypermarkets, supermarkets, and shopping malls across the Middle East, Asia, and Africa.
4. When was the Lulu Group International established?
The Lulu Group International was established in 2000.
5. Where is Yusuf Ali from?
Yusuf Ali is from Kerala, India.
6. What is Yusuf Ali’s educational background?
Yusuf Ali completed his schooling in Kerala and later graduated from the University of Calicut with a degree in Commerce.
7. How old is Yusuf Ali?
Yusuf Ali was born on January 1, 1958.
8. What are some of Yusuf Ali’s philanthropic activities?
Yusuf Ali is involved in several philanthropic activities. He has set up the Lulu Group International Foundation, which focuses on education, health, and community development. He has also contributed to disaster relief efforts.
9. What are some of the awards and recognitions Yusuf Ali has received?
Yusuf Ali has received several awards and recognitions, including the Pravasi Bharatiya Samman Award (2013), the Entrepreneur of the Year Award (2014), and the Indian Retail Icon Award (2015).
10. What is Yusuf Ali’s residence?
Yusuf Ali resides in Abu Dhabi, United Arab Emirates.
