Micky Jagtiani: Difference between revisions

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{{short description|Indian businessman}}
{{short description|Indian businessman}}
{{Use dmy dates|date=July 2019}}
{{Use dmy dates|date=July 2019}}
{{ infobox person
{{infobox person
| name       = Micky Jagtiani
| name               = Micky Jagtiani
| image       =  
| image             =  
| caption     =  
| caption           =  
| birth_name = Mukesh Wadhumal Jagtiani
| birth_name         = Mukesh Wadhumal Jagtiani
| birth_date = {{birth date and age|df=y|1952|8|15}}  
| birth_date         = {{birth date and age|df=y|1952|8|15}}
| birth_place = [[Kuwait City]], [[Kuwait]]
| birth_place       = [[Kuwait City]], [[Kuwait]]
| death_date = <!-- {{death date and age|YYYY|MM|DD|YYYY|MM|DD}} -->
| death_date         = <!-- {{death date and age|YYYY|MM|DD|YYYY|MM|DD}} -->
| death_place =  
| death_place       =  
| nationality = Indian
| nationality       = Indian
| known_for   = Landmark [[retail store]]s
| known_for         = Landmark [[retail store]]s
| occupation = Chairman and owner of [[Landmark Group]]
| occupation         = Chairman and owner of [[Landmark Group]]
| net_worth   = US$2.8 billion (October 2020)<ref name=Forbes>{{cite web|title=Forbes profile: Micky Jagtiani|url=https://www.forbes.com/profile/micky-jagtiani/|website=Forbes|accessdate=2 May 2020}}</ref>
| net_worth         = [[US$]] 3.0 billion (May 2021)<ref name=Forbes>{{cite web|title=Forbes profile: Micky Jagtiani |url=https://www.forbes.com/profile/micky-jagtiani/ |website=Forbes |accessdate=2 May 2020}}</ref>
| spouse     = Renuka Jagtiani
| spouse             = Renuka Jagtiani
| children   = 3
| children           = 3
}}
}}
'''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]].
'''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]].
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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.<ref name=Forbes /> It employs around 45000+ people and has more than 1000 stores across the [[Persian Gulf]] region, Middle East and India.<ref>[http://www.arabianbusiness.com/expat-powerlist/profile/1231?clr=2&sort=citizenship 19# Mukesh Jagtiani:50 most influential expatriates]{{dead link|date=January 2018 |bot=InternetArchiveBot |fix-attempted=yes }} Arab Business.</ref>
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.<ref name=Forbes /> It employs around 45000+ people and has more than 1000 stores across the [[Persian Gulf]] region, Middle East and India.<ref>[http://www.arabianbusiness.com/expat-powerlist/profile/1231?clr=2&sort=citizenship 19# Mukesh Jagtiani:50 most influential expatriates]{{dead link|date=January 2018 |bot=InternetArchiveBot |fix-attempted=yes }} Arab Business.</ref>


In 2008, Jagtiani bought a 6% stake in the UK high-street retailer [[Debenhams]], and entered the ''[[Forbes]]'' list of billionaires,<ref name=Businessweek>{{cite news |title= CEOs Without College Degrees. |url=http://images.businessweek.com/ss/09/05/0522_no_college_ceos/11.htm |publisher=[[Business Week]] |date=April 5, 2009 }}</ref> and the 16th [[List of Indians by net worth|richest Indian]] with a net worth of USD 2 billion.<ref>{{cite news |title=Mukesh Ambani richest Indian in Forbes list |url=http://www.indianexpress.com/news/mukesh-ambani-richest-indian-in-forbes-list/385210/2 |publisher=[[Indian Express]]|date=Nov 13, 2008 }}</ref> In 2014, he launched his [[family office]] with assets worth $5 billion.<ref>Reeba Zachariah, Boby Kurian, [https://timesofindia.indiatimes.com/business/india-business/JM-Financial-top-gun-quits-to-launch-family-office-of-Micky-Jagtiani/articleshow/33257425.cms JM Financial top gun quits to launch family office of Micky Jagtiani], ''Indiatimes.com'', 5 April 2014</ref> In May 2020, he had a net worth of US$2.1 billion, according to ''[[Forbes]]''.<ref name="Forbes" />
In 2008, Jagtiani bought a 6% stake in the UK high-street retailer [[Debenhams]], and entered the ''[[Forbes]]'' list of billionaires,<ref name=Businessweek>{{cite news |title= CEOs Without College Degrees. |url=http://images.businessweek.com/ss/09/05/0522_no_college_ceos/11.htm |publisher=[[Business Week]] |date=April 5, 2009 }}</ref> and the 16th [[List of Indians by net worth|richest Indian]] with a net worth of USD 2 billion.<ref>{{cite news |title=Mukesh Ambani richest Indian in Forbes list |url=http://www.indianexpress.com/news/mukesh-ambani-richest-indian-in-forbes-list/385210/2 |publisher=[[Indian Express]]|date=Nov 13, 2008 }}</ref> In 2014, he launched his [[family office]] with assets worth $5 billion.<ref>Reeba Zachariah, Boby Kurian, [https://timesofindia.indiatimes.com/business/india-business/JM-Financial-top-gun-quits-to-launch-family-office-of-Micky-Jagtiani/articleshow/33257425.cms JM Financial top gun quits to launch family office of Micky Jagtiani], ''Indiatimes.com'', 5 April 2014</ref> In May 2021, he had a net worth of US$3.0 billion, according to ''[[Forbes]]''.<ref name="Forbes" />


==Personal life==
==Personal life==

Latest revision as of 17:37, 7 June 2021


Micky Jagtiani
Born
Mukesh Wadhumal Jagtiani

(1952-08-15) 15 August 1952 (age 72)
Kuwait City, Kuwait
NationalityIndian
OccupationChairman and owner of Landmark Group
Known forLandmark retail stores
Net worthUS$ 3.0 billion (May 2021)[1]
Spouse(s)Renuka Jagtiani
Children3

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[edit]

Jagtiani is of Sindhi heritage.[2] He did his schooling in Chennai, Mumbai and Beirut, before moving to London, where he joined an accounting school from which he eventually dropped out.[3]

Career[edit]

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.[4]

In 2008, Jagtiani bought a 6% stake in the UK high-street retailer Debenhams, and entered the Forbes list of billionaires,[3] and the 16th richest Indian with a net worth of USD 2 billion.[5] In 2014, he launched his family office with assets worth $5 billion.[6] In May 2021, he had a net worth of US$3.0 billion, according to Forbes.[1]

Personal life[edit]

He is married, with three children, and lives in Dubai, United Arab Emirates.[1]

References[edit]

  1. ↑ 1.0 1.1 1.2 1.3 "Forbes profile: Micky Jagtiani". Forbes. Retrieved 2 May 2020.
  2. ↑ Palijo, Waseem (8 January 2019). "Most billionaires in India today once resided in Pakistan's Sindh". Daily Times. Archived from the original on 7 May 2020. Retrieved 7 May 2020.
  3. ↑ 3.0 3.1 "CEOs Without College Degrees". Business Week. 5 April 2009.
  4. ↑ 19# Mukesh Jagtiani:50 most influential expatriates[permanent dead link] Arab Business.
  5. ↑ "Mukesh Ambani richest Indian in Forbes list". Indian Express. 13 November 2008.
  6. ↑ Reeba Zachariah, Boby Kurian, JM Financial top gun quits to launch family office of Micky Jagtiani, Indiatimes.com, 5 April 2014
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