Saturday, 20 April 2024

Majid Al Futtaim, Founder,   Majid Al Futtaim Group

United Arab Emirates

Champion's Profile

Net Worth $4.6 billion Majid Al Futtaim is an Emirati billionaire businessman, the founder, owner and president of the Majid Al Futtaim Group, an Emirati real estate and retail conglomerate, with projects in Asia and Africa. As of March 2017, Al Futtaim's net worth is estimated by Forbes at US$10.9 billion, the second richest individual in the Middle East. Majid Al Futtaim is the brother in-law of fellow billionaire Abdulla Al Futtaim, the head of the Al-Futtaim Group, from whom he is estranged and splitted the Al Futtaim empire to form Majid Al Futtaim Group in 1992.

UNDP SDG

Healthcare Education

Description and impact

MAF Charity Foundation engages in high-impact and sustainable activities in healthcare and education to extend assistance to individuals, families and institutions that need assistance in providing services related to health, UAE National training and education, as well as other charitable activities that will help contribute to the overall welfare of the UAE and its people. For healthcare, MAF Charity Foundation is implementing a series of awareness campaigns and healthcare projects envisioned to raise the public’s awareness on the importance of adopting a healthy lifestyle and nutrition, as well as providing support for healthcare institutions in terms of modernizing their facilities and enhancing their capabilities to provide medical treatment. For education, MAF Charitable Foundation is developing training programmes that will help provide greater opportunities for employment for UAE Nationals. A special training institute focusing on retail management is also being developed to help advance best practices in retail management in the UAE.