Majid Al Futtaim Majid Al Futtaim is the UAE’s richest billionaire, according to Forbes, with a real time net worth of $4.8bn in January but keeps a surprisingly low profile compared to the company that bears his name. Barely a month goes by without MAF announcing a new shopping mall or community centre across the Middle East region… Majid Al Futtaim is the UAE’s richest billionaire, according to Forbes, with a real time net worth of $4.8bn in January but keeps a surprisingly low profile compared to the company that bears his name. Barely a month goes by without MAF announcing a new shopping mall or community centre across the Middle East region and it has also established a sizeable presence in both regional cinema and supermarkets through the franchise of French chain Carrefour. Last year, MAF opened the $700m Mall of Egypt, announced a $326.6m commitment to double its cinema footprint and broke ground on a new $381.1m shopping centre in Abu Dhabi alongside numerous other announcements and openings for smaller community centres. It also acquired the GCC franchise owner of rival supermarket Geant and promptly rebranded its 26 stores. Founder, Majid Al Futtaim Origin:UAE Residence:UAE Sector:Diversified