Early Life
M.A. Yusuff Ali was born on November 15, 1955, in Nattika, Kerala, India. Growing up in a modest Muslim family, he learned the values of hard work and business from his father, who ran a small trading business. He completed his schooling at St. Xavier's High School.
Rise to Success
In 1973, at the age of 18, Yusuff Ali moved to Abu Dhabi to join his uncle's small distribution business. He recognized the potential for retail in the region. He launched the first LuLu store in Abu Dhabi in 1974, and the LuLu Hypermarket in 1995. The group expanded aggressively, becoming a major player in the Middle East and beyond. By 2013, he opened the first retail venture 'Lulu International Shopping Mall' in Kochi, Kerala.
Key Business Strategies
Yusuff Ali's business strategy has focused on providing quality products at affordable prices. This strategy helped establish a loyal customer base. The expansion plan involved opening hypermarkets and malls across the GCC, India, and other countries. The company has also diversified into hospitality, real estate, and food processing.
Philanthropy
Yusuff Ali is actively involved in philanthropy. He supports various charitable causes in India and the Gulf region. His initiatives include adopting schools and contributing to disaster relief efforts. He donated Rs 9.5 crores for relief and rehabilitation of Kerala flood victims in August 2018. Yusuff Ali's commitment to social responsibility is evident through his philanthropic efforts.
