Find out who Micky Jagtiani is, what happened to him, and why he died.
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Micky Jagtiani Has Passed Away
Micky Jagtiani died on May 26, 2023. He was 70. Jagtiani was a Mumbai native born in India in 1953. In 1987, he founded Landmark Group with one store in Dubai. Now, the company has more than 1,000 stores spread across 22 countries. Jagtiani is known for his business savvy and commitment to social responsibility. He was a generous philanthropist who donated millions to charity. His wife and children survive him.
The death of Jagtiani is a great loss to the UAE and region. He was an entrepreneur who helped create jobs and opportunities for a lot of people. He was a philanthropist and made a positive impact on the lives of many. His contributions to the UAE, and the wider region, will remain in his memory.
Sheikh Mohammed bin Rashid Al Maktoum expressed his condolences. He stated, “Micky Jagtiani, not only was a successful businessman, who made an important contribution to the UAE’s economy, but he was also a generous and philanthropic individual who positively affected the lives of many.” It is a great loss to the UAE that Micky Jagtiani has passed away.”
Abdullah bin Touq Al Marri recognized Micky Jagtiani, Minister of Economy as a pioneer within the UAE retail sector. Jagtiani was credited with transforming the shopping landscape of the UAE and creating many job opportunities. Al-Marri said that the UAE is mourning Jagtiani’s exit and deeply feels it.
Khalid Al Tayer is the CEO of Dubai Holding. He described Micky Jagtiani both as a friend and business partner. Al Tayer described Jagtiani’s contributions to the UAE economy as significant. Al Tayer sent his condolences to the UAE and expressed the loss that Jagtiani’s death has caused.
The funeral of Micky Jagtiani took place on May 27, 2023 in Dubai. The funeral was private, with family and friends gathered to say goodbye and pay their respects.
What is Micky Jagtiani all about?
Mukesh Wadhumal “Micky” Jagtiani is an Indian billionaire entrepreneur based in United Arab Emirates. He was the chairman and owner at Dubai’s Landmark Group.
Jagtiani led the Landmark Group to a remarkable expansion of its operations in the Middle East, Southeast Asia, and India. This included fashion, electronics and furniture. The group has over 45,000 employees and more than 1,000 stores in the Persian Gulf, Middle East and India. Jagtiani, who is the 16th richest Indian with a USD 2 billion net worth, acquired a 6% share in UK high-street retailer Debenhams in 2008. This put him on the Forbes billionaires list and made him the 16th most wealthy Indian. In 2014, Jagtiani established his family office and amassed assets worth $5 billion. Forbes estimated that his net worth was approximately US$3.0 Billion as of May 2021.
Jagtiani, born in Mumbai, India in 1952, moved to Bahrain in 1973 and began his entrepreneurial journey with a baby product shop. He expanded his retail business over time to include fashion, electronics and home goods. Landmark Group has over 2,200 outlets in 24 countries.
Jagtiani’s philanthropy was also recognized. He donated millions of dollars for charitable causes. He also served as a board member for prestigious organizations like the Indian Business and Professional Council and the Dubai Chamber of Commerce and Industry.
Micky Jagtiani died on May 26, 2023 at 70 years old. He was survived by his wife Renuka and their three children. The legacy of Micky Jagtiani as a visionary businessman, philanthropist and influential member of the business community, will be forever remembered.
What happened to Micky Jagtiani
Micky Jagtiani was a prominent businessman who sadly died on May 26, 2023 at the age 70. Renuka Jagtiani, his wife, and their three children survive him. Although the cause of his death was not disclosed to the public, many people have felt a deep void since his passing.
Jagtiani, born in Mumbai, India in 1952, began his entrepreneurial journey in Bahrain by moving to the country in 1973. He opened a shop selling baby products. His business expanded over time to include diverse retail categories such as fashion, electronics, home goods, etc. Landmark Group is a testament to the entrepreneurial success of his vision. It has over 2,200 locations in 24 countries.
Jagtiani’s philanthropy was well-known, and he made significant contributions to charities. Jagtiani held prestigious positions in organizations like the Dubai Chamber of Commerce and Industry and Indian Business and Professional Council.
The UAE and region mourn the loss of Jagtiani, not just his family. As a successful entrepreneur, he created many job opportunities and growth avenues. His philanthropic efforts also positively impacted many lives. His profound contributions to the UAE, and the wider area, will forever be remembered.
In a statement released by the Landmark Group they expressed their profound loss and referred to Jagtiani, as “a visionary leader” who was “a true inspirational figure for all those who knew him.” In a statement, the Landmark Group expressed their deep sense of loss. They described Jagtiani as a “visionary leader” and “a true inspiration to all who knew him.”
How Did Micky Jagtiani Die?
Micky Jagtiani died on May 26, 2023. The cause has not been revealed to the public. He left us on May 26, 2023 at 70 years old. Jagtiani, the owner and chairman of Landmark Group, an international retail conglomerate that spans the Middle East and Southeast Asia as well as India, began his entrepreneurial journey with a modest baby products shop in Bahrain. With his vision and determination he turned it into a department store chain and established the Landmark Group.
Jagtiani, who was born in Kuwait to Indian parents, became a selfmade billionaire. He is admired for both his business acumen, and his generosity. Ses philanthropic efforts and contributions to the society were widely acknowledged. He also held a prominent role within the Indian Community in the Middle East and represented their aspirations and interests.
Both the Indian and business communities in the Middle East are deeply affected by the loss of Jagtiani. The void left by his departure is felt in all of these circles. His many accomplishments, which will be forever etched in the collective memory as an entrepreneur of renown and a generous donor to charity, will always be remembered fondly.
Jagtiani’s death is a great loss for not only the UAE, but for the entire region. He was a visionary businessman who played an important role in creating jobs and providing opportunities to countless people. His philanthropic efforts also left a positive impression on many people. Jagtiani’s contributions to the UAE, and to the region in general, will be remembered as a testament of his incredible legacy.
Micky Jagtiani’s Daughter
Micky Jagtiani is the father of two daughters named Aarti, and Nisha. Both are involved in Landmark Group’s business. Nisha is frequently mentioned in articles and profiles because she is the heir to her father’s multi-billion dollar fortune, and also works for the Landmark Group. She holds an MBA from Harvard Business School, and is well-known for her entrepreneurial spirit that she inherited her father. Aarti is less visible but still involved in the business of her family as a director.
Nisha Jagtiani
Nisha Jagtiani, the youngest of Micky Jagtiani’s two daughters is often referred to in connection with her work at the Landmark Group. She is seen as a potential heir to the business empire of her father and has been credited for driving the expansion of the company into new markets.
Nisha has an MBA from Harvard Business School and has been in the family business since a very young age. She is well-known for her entrepreneurial spirit and has started several successful businesses in the Landmark Group. Lifestyle, a popular brand of home furnishings, is one of them. She is involved in the company’s philanthropic efforts, especially in the area women’s empowerment.
Aarti Jagtiani
Aarti Jagtiani is less public than her sister, but she’s also involved in the business. She has a Bachelor of Business Administration in Marketing and International Business, from New York University’s Stern School of Business. Since 2007, she is a Landmark Group group director.
Aarti, like her sister, is also involved in the philanthropic efforts of the company, especially in the areas of education and health care. Aarti has been involved in many initiatives that support women and girls. These include scholarships for girls attending school and programs to train women with low incomes.
Micky Jagtiani News
Micky Jagtiani passed away at 70 years old on May 26, 2023. He was the visionary chairman and founder of Landmark Group. Landmark Group is a well-known retail and hospitality conglomerate that spans the Middle East and Africa.
Jagtiani began his entrepreneurial journey in 1973 by opening a single shop in Bahrain. His remarkable leadership and business acumen has propelled the growth of the group to include more than 2,200 stores across 21 countries with a dedicated staff of over 40,000 people. The group includes well-known brands such as Max, Toys R Us, Lifestyle and Home Centre.
Jagtiani, who is a self-made millionaire, was recognized for his notable achievements. He ranked 511th on Forbes 37th annual list of world billionaires, with a net worth estimated at $5.2 billion.
Jagtiani, born in Mumbai in India in 1953, moved to Bahrain in the 1970s and began his entrepreneurial journey by opening a modest clothing shop. Landmark’s first store opened in Bahrain in 1973, marking the start of a transformational expansion throughout the Middle East and India.
Landmark Group is a conglomerate with interests in retail, hospitality and real estate. The retail division is one of the biggest in the Middle East and offers a wide range of brands to cater to different customer segments. The hospitality division oversees a portfolio that includes hotels and resorts throughout the Middle East, India and Africa, while the real estate division is responsible for the development and management commercial and residential property.
Jagtiani’s legacy is his visionary leadership that transformed Landmark Group into a retail and hospitality conglomerate of exceptional quality. He was a key player in the Middle East retail revolution and made an indelible impact on the region. Jagtiani also demonstrated his generosity by supporting a number of charitable causes throughout the Middle East and India.
Renuka Jagtiani
Renuka Jagtiani is the Chairwoman and CEO at Landmark Group. This prominent conglomerate, which spans the Middle East, Africa and India, is a retail and hospitality company. She is the wife of Micky Jaguari, founder and chairman.
Renuka Jagtiani, born in Mumbai in India in 1955, completed her commerce degree at the University of Mumbai. She gained valuable marketing experience for several years after her graduation before joining her husband’s business in 1977.
Renuka Jagtiani’s leadership has been instrumental in the growth of Landmark Group. She spearheaded the expansion into new markets of the Landmark Group, introduced innovative brand names, and pioneered fresh retail formats. She has been a champion of corporate social responsibility and ensured the group’s active involvement in various initiatives that uplift and support communities.
Renuka Jagtiani is a successful businesswoman who inspires women to pursue careers in business. Renuka Jagtiani’s outstanding achievements earned her the prestigious Ernst & Young World Business Entrepreneur of the year Award in 2014.
Renuka Jagtiani, as Chairwoman and CEO of the Landmark Group, continues to lead the Landmark Group unwaveringly, influencing its future and contributing towards its continued success. Renuka Jagtiani’s vision, commitment to corporate social responsibility and leadership qualities have made her a prominent businesswoman.