Micky Jagtiani

Mukesh Wadhumal “Micky” Jagtiani (born 15 August 1952) is an Indian billionaire businessman, based in the UAE, and is the chairman and owner of the Dubai based Landmark Group.

Early life and education

Jagtiani is of Sindhi heritage. He did his schooling in ChennaiMumbai and Beirut, before moving to London, where he joined an accounting school from which he eventually dropped out.

Career

Jagtiani returned to Bahrain and took over his deceased brother’s shop that he turned into a baby products shop (Babyshop). After 10 years working in the shop, Jagtiani started to expand by opening 6 new shops. When the Gulf War struck, he moved to Dubai where he founded the Landmark Group. Over the years, the Landmark Group expanded into fashion, electronics, furniture and budget hotels in Middle East and Southeast Asia.[1] It employs around 45000+ people and has more than 1000 stores across the Persian Gulf region, Middle East and India.

In 2008, Jagtiani now a billionaire mall developer and the chairman, Landmark International, Dubai-based retail group, bought a 6% stake in the UK high-street retailer Debenhams, and entered the Forbes list of billionaires, and the 16th richest Indian with a net worth of USD 2 billion.

In 2014, he launched his family office with assets worth $5 billion.

In May 2020, he had a net worth of US$2.1 billion, according to Forbes.

Philanthropy

In 2000, he established LIFE (Landmark International Foundation of Empowerment), to support underprivileged children in India, through school and healthcare development programmes, homes for destitute children, vocational and non-formal schools, community clinics and medical camps for slum-dwellers and an old age home Chennai.

Personal life

He is married, with three children, and lives in Dubai, United Arab Emirates.