Majid Al Futtaim, the third wealthiest businessman of Dubai, has died on Friday, but what happened to the businessman? Let’s find out everything about his death in this article.
Dubai majesty Sheikh Mohammed bin Rashid Al Maktoum announced the death of Majid Al Futtaim on December 17, 2021.
Majid Al Futtaim was the renowned Emirati businessman and founder of Majid Al Futtaim Group.
Majid Al Futtaim Death Cause: What happened To the Businessman?
The businessman Majid Al Futtaim has passed away, and his death was announced today on Friday.
Meanwhile, the death cause of the late businessman has yet to be disclosed. However, we can assume that he might have died of old age.
ودعنا اليوم قامة إماراتية غالية.. ورجلاً أمضى حياته في خدمة وطنه وأهله.. رَحِم الله ماجد الفطيم وأسكنه فسيح جناته. pic.twitter.com/rDzcF5bv8y
— Hamdan bin Mohammed (@HamdanMohammed) December 17, 2021
His Majesty Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, expressed his condolences on the Majid Al Futtaim.
Also, several of his followers and admirers have paid him tribute on Twitter. It is a tragic loss for the Majid Al Futtaim Group due to his passing.
Majid Al Futtaim Age: How Old Was He?
Majid Al Futtaim was 86 years old when he passed away.
Al Futtaim was born in the 1930s in Dubai.
The legendary Emirati billionaire businessman founded The Majid Al Futtaim Group in 1992.
He never stopped working even at 86 and has contributed a vital role to his nation.
We express our deep condolence to his family and loved ones.
His legacy lives on in Majid Al Futtaim’s business and culture, which shall continue to create outstanding businesses, innovative brands, and exceptional destinations and spaces that incubate happiness for our people and our customers. (6/6)
— City Centre Sharjah (@CityCtrSharjah) December 17, 2021
Who Was Majid Al Futtaim Wife? Family Explored
Following the death news of Majid Al Futtaim got confirmed, several people are searching for his wife and family.
Majid was a married man but, he never disclosed his wife’s identity in the spotlight.
However, the late businessman had a son, Tariq Al Futtaim, who is now board director of the Majid Al Futtaim Group.
Majid Al Futtaim, the founder of UAE-based retail and entertainment giant Majid Al Futtaim Holding, passed away. Al Futtaim was the third-richest Arab billionaire in 2021, with an estimated net worth of $4.2 billion.https://t.co/eBuxCEqv21
— Forbes Middle East (@Forbes_MENA_) December 17, 2021
Similarly, Maji was from a business-oriented family. He was also ranked third-richest Arab billionaire in 2021, according to Forbes.
He also shared a total of $4.3 billion substantial fortune with his family. Furthermore, Majid was the cousin of billionaire Abdulla Al Futtaim.
In addition, Abdulla served as the head of the Al-Futtaim Group for a few years.