Mukesh Wadhumal "Micky" Jagtiani (born 15 August 1952) is an Indian

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

businessman, based in the

UAE The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

, and is the chairman and owner of the

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

based

Landmark Group Landmark Group is an UAE multinational conglomerate based in Dubai, UAE headed by Micky Jagtiani, who is the founder and chairman of the company. The group is involved in retailing of apparel, footwear, consumer electronics, cosmetics & beauty ...

Early life and education

Jagtiani is of Sindhi heritage. He did his schooling in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

and

Beirut Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint o ...

, 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 The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: ...

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. It employs around 45000+ people and has more than 1000 stores across the

Persian Gulf The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Persis, Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a Mediterranean sea (oceanography), me ...

region, Middle East and India. In 2008, Jagtiani bought a 6% stake in the UK high-street retailer

Debenhams Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland. It was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish ...

, and entered the ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' list of billionaires, and the 16th richest Indian with a net worth of USD 2 billion. In 2014, he launched his

family office A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer w ...

with assets worth $5 billion.Reeba Zachariah, Boby Kurian
JM Financial top gun quits to launch family office of Micky Jagtiani
''Indiatimes.com'', 5 April 2014 In May 2021, he had a net worth of US$3.0 billion, according to ''

''.

Personal life

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

References

Businesspeople from Dubai Businesspeople of Indian descent Sindhi people Retailing in Dubai 1952 births Living people Indian expatriates in the United Arab Emirates People from Dubai People from Kuwait City Indian expatriates in Kuwait {{India-business-bio-stub