Mukesh “Micky” Jagtiani (born 15 August 1952) is an Indian entrepreneur, based in the UAE, owner of the Dubai-based Landmark retail stores group.
Early life and education
He did his schooling in Madras, Mumbai and Beirut, before emigrating to London, where he joined an accounting school from which he eventually dropped out.
Career
His first company was a family company diversified into leisure, food, hotels and electronics and its own logistics and distribution, today it employs around 45000+ people and has more than 1000 stores across the Persian Gulf region, Middle East and India.
He is a college dropout, drove a taxi in London before moving to Bahrain and taking over his deceased family’s baby products shop. Over the years his Landmark Group moved to Dubai and expanded into fashion, electronics, furniture and budget hotels in Middle East and Southeast Asia.
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. Micky Jagtiani a billionaire expanding his business empire from the Persian Gulf to China.
In April 2015, he was ranked 291 in the Forbes list of world billionaires, with a net worth of US$5.0 billion.
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.
Micky Jagtiani has an estimated net worth of $5.96 billion as of March 2017, according to Bloomberg. Micky Jagtiani is Forbes’ 290th richest person in the world in 2012. Several years after he took over the baby products shop owned by his family, Micky Jagtiani expanded into furniture, electronics, budget hotels and fashion in Southeast Asia and Middle East.
Micky Jagtiani joined the Forbes list of world billionaires in 2008 and he was then considered as the 16th billionaire in India. He owns the Landmark International, a retail store group based in Dubai. Through the years, Micky Jagtiani has expanded his retail business with more than 600 stores in China, Spain, Gulf, India and Pakistan.
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