The head of the massive Dubai-based retail company Landmark Group is Renuka Jagtiani. Her late husband Micky Jagtiani, who died in May 2023, started it in 1973.
Founded as a single store in Bahrain, Landmark is an international company that today has over 25 proprietary brands in the retail, food, hospitality, and leisure industries. In 24 countries in the Middle East, Africa, Southeast Asia, and the Indian subcontinent, Landmark has 2,200 stores.
About Renuka Jagtiani
- Jagtiani is the chairwoman and CEO of Landmark Group, a multinational consumer conglomerate based in Dubai and founded by her husband Micky Jagtiani.
- For more than 20 years, she has led the company’s corporate strategy and expansion into new markets.
- As head of the company, Jigtiani oversees more than 50,000 employees.
Personal Life
Renuka Jagtiani is a mother of three children – Aarti, Nisha, and Rahul – all of whom serve as group directors at Landmark. Her dedication to both her family and her career exemplifies her exceptional leadership qualities and multitasking abilities.
What is Micky Jagtiani’s Net Worth?
Micky Jagtiani was an Indian businessman who had a net worth of $5.7 billion. Born Micky ‘Mukesh’ Jagtiani on September 28, 1951, in Madras, he was a self-made billionaire who owned the Dubai-based Landmark retail stores group. Once a college drop-out and a London taxi driver, Jagtiani opened his first store in Bahrain in 1973 with $6,000 he got after his entire family died in a short period. Some forty years later, he is the owner of Landmark Group, the Middle East retail conglomerate with more than 1,300 stores in 20 countries. It’s a $5 billion business (in estimated sales) that has expanded to Dubai over the years, mainly dealing with fashion, electronics, furniture, and budget hotels in the Middle East and Southeast Asia.
Jagtiani also holds a stake in Skaks. and acquired a 6% stake in UK high-street retailer Debenhams. A portion of his growing wealth goes to Indian charities, including orphanages in Chennai and Mumbai. A married man and a father of three, Jagtiani’s wife Renuka oversees Splash, his company’s fashion line, and his children also become involved in the family business. Micky Jagtiani died on May 26, 2023.
| Category | Richest Business |
|---|---|
| Micky Jagtiani Net Worth | $5.7 Billion |
| Micky Jagtiani Birthdate | Aug 15, 1952 – May 26, 2023 (70 years old) |
| Micky Jagtiani Birthplace | Kuwait |
| Micky Jagtiani Gender | Male |
| Nationality | India |
| Micky Jagtiani Spouse | Micky Jagtiani |
Achievements and Recognition
Throughout her illustrious career, Renuka Jagtiani has garnered widespread recognition for her contributions to the business world. She received the Outstanding Asian Business Woman of the Year award in January 2007 at the Asian Business Awards Middle East. Subsequently, she was named Businesswoman of the Year at the Gulf Business Industry Awards in January 2012.
In January 2014, Renuka Jagtiani was honored as the Entrepreneur of the World Year by the World Entrepreneurship Forum. She was also recognized as the Strategic Leader of the Year at the Indian CEO Awards in January 2015. In January 2016, she received the Captain of the Industry Award from the Stars of Business Award. Moreover, in January 2017, she was inducted into the ‘Hall of Fame’ at the World Retail Congress.
Renuka Jagtiani News
She received the Outstanding Asian Business Woman of the Year award in January 2007 at the Asian Business Awards Middle East. Then, in January 2012, she was named Businesswoman of the Year at the Gulf Business Industry Awards. In January 2014, she was honored as Entrepreneur of the World Year by the World Entrepreneurship Forum. Following that, in January 2015, she was recognized as the Strategic Leader of the Year at the Indian CEO Awards. In January 2016, she received the Captain of the Industry Award from the Stars of Business Award. Lastly, in January 2017, she was inducted into the ‘Hall of Fame’ at the World Retail Congress.
Since 1993 getting there, she has led the Landmark Group’s corporate strategy, establishing the company as the leading retailer channel for local goods in the Middle East, Africa, Southeast Asia, and the Indian subcontinent. Renuka Jagtiani, whose net worth is $4.8 billion, was just included in Forbes’ list of “New Billionaires.” Aarti, Nisha, and Rahul, her three children, are group directors at Landmark.
According to Forbes’ New Billionaires 2024 report, there has been a significant increase in global wealth, with 2,781 billionaires identified globally, valued at a combined $14.2 trillion. There have been 265 new billionaires this year alone, a significant rise above the 150 from the year before.
Conclusion
Renuka Jagtiani’s journey from joining Landmark Group in 1993 to becoming a billionaire and a renowned figure in the business world is truly inspiring. Her unwavering commitment to excellence and her visionary leadership have played a significant role in shaping the success of Landmark Group. As she continues to make strides in her career, Renuka Jagtiani serves as an inspiration to aspiring entrepreneurs and business leaders worldwide.
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