Who is Abdulla Al Futtaim?
He is the owner of the Al Futtaim Group. He was born in January 1940. He is married and has a son named Omar. He had another son named Osman, who died in 2011. He is a cousin of Majid al Futtaim.
Al Futtaim Group
The Al Futtaim Group is a Dubai-based conglomerate active in retail, automotive, technology, and real estate. Al-Futtaim operates more than 65 companies. And employs more than 20,000 people in the Middle East.
Al Futtaim Motors
Al-Futtaim Motors is the largest distributor of automobiles and automotive products in the United Arab Emirates. Four out of every 10 cars on the UAE roads are from Al-Futtaim.
Al-Futtaim has close to 150 retail outlets in the UAE alone. More than any other retail network. The company represents some of the world’s most popular retail brands. Including Marks & Spencer, IKEA, ACE, Toys ‘R’ Us, Ladybird, Danier, Intersport, and Judith Leiber.
Al-Futtaim holds the franchise rights for IKEA in Egypt, Oman, Qatar, and the United Arab Emirates.
Al Futtaim Net Worth
Forbes estimates his net worth at US$ 2 billion. The Al Futtaim family is one of the richest in the UAE.
Omar Al Futtaim
Abdulla’s son Omar al Futtaim is CEO of Al Futtaim Group. And he is also a director at the Commercial Bank of Dubai. Abdulla’s brother Majid Al Futtaim is also a billionaire. He owned the yacht Quattroelle.
Family’s Previous Yacht
The family has owned many yachts, including the 52-meter Amels Radiant. She is now named Lightning. We believe Lightning is now owned by Omar Al Futtaim.