Micky Jagtiani was a billionaire from India who lived in the UAE and founded the Landmark Group.
- 15 August 1952 — Jagtiani was born. He hails from the Sindhi community. His parents immigrated to Kuwait in the 1950s after the first oil boom.
- In the 1970s, they sent their youngest son to study in Mumbai and then to the London accountancy school, from which Jagtiani dropped out.
- 26 May 2023 — he passed away at the age of 70 after battling against diabetes for several years.
Jagtiani was fond of contemporary art, a collector, and a big cricket fan, supporting the national team of India.
Career
- 1972 —He returned to Bahrain, where he lost his brother and parents. He then inherited his brother’s store and turned it into a Babyshop.
- 1973 —Landmark, the only children’s goods store in Bahrain, opened. It was aimed at immigrants from South Asia.
- 1980s — opened six more stores.
- 1990-1991— Jagtiani moved to Dubai and founded the Landmark Group.
- 2008 — Jagtiani acquired a 6% stake in Debenhams, a retailer from the UK.
- 2014 — founded a family office with assets of $5 billion.
Charity
- 2009 — Landmark launched the Beat Diabetes initiative to raise awareness of diabetes prevention and treatment.
He donated part of his growing fortune to charities and orphanages in India.
Property
- 2008 — he debuted on the Forbes billionaires list with a $2 billion net worth.
- May 2023 — Forbes estimated Micky Jagtiani’s net worth at $5.2 billion.
Family
Micky Jagtiani’s wife was Renuka. He has two daughters, Aarti and Nisha, and a son, Rahul. All of them are working in the Landmark Group.
Merits
- 2004 — award “Ernst & Young Entrepreneur of the Year”.
- 2012 — Forbes Middle East Person of the Year.