Micky Jagtiani facts for kids
Quick facts for kids
Micky Jagtiani
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|---|---|
| Born |
Mukesh Wadhumal Jagtiani
15 August 1952 |
| Died | 26 May 2023 (aged 70) |
| Nationality | Indian |
| Occupation | Chairman and owner of Landmark Group |
| Known for | Landmark retail stores |
| Spouse(s) | Renuka Jagtiani |
| Children | 3 |
Mukesh Wadhumal "Micky" Jagtiani was a very successful Indian businessman. He was born on August 15, 1952, and passed away on May 26, 2023. Micky Jagtiani became a billionaire and was known for owning and leading the Dubai-based company called the Landmark Group.
Early Life and Education
Micky Jagtiani came from a Sindhi family in India. He went to school in different cities like Chennai, Mumbai, and Beirut. Later, he moved to London to study accounting. However, he decided to leave school before finishing his studies.
Building a Business Empire
After leaving school, Micky Jagtiani went to Bahrain. There, he took over a small shop that belonged to his brother, who had passed away. He changed this shop into a store that sold products for babies, which he named Babyshop.
Micky Jagtiani worked hard in his shop for ten years. Then, he started to make his business bigger by opening six new stores. When the Gulf War began, he moved his business to Dubai. In Dubai, he started a new company called the Landmark Group.
Over the years, the Landmark Group grew a lot. It expanded into many different areas like fashion, electronics, furniture, and even budget hotels. The company has stores across the Persian Gulf region, the Middle East, and India. Today, the Landmark Group employs about 45,000 people. It has more than 1,000 stores in total.
In 2008, Micky Jagtiani bought a part of a big UK store called Debenhams. Around the same time, he joined the Forbes list of billionaires. This meant he was one of the richest people in the world. He became the 16th richest Indian with about 2 billion US dollars. By May 2023, his wealth was estimated to be around 5.2 billion US dollars.
Personal Life and Legacy
Micky Jagtiani was married and had three children. He lived in Dubai, United Arab Emirates. He passed away on May 26, 2023, at the age of 70. He is remembered for building a huge retail business from a single small shop.
