Nivedita Dash
Currently working as Assistant News Editor with India.com. She has experience of over 14 years in Digital and Print media. She has covered numerous big ticket events - 26/11 attack, 2014, 2019 Lok Sab ... Read More
In India, there are many Muslim families, but today we will be talking about the ones that are the richest, and have a great inspirational tale to tell. Due to their diligence and commercial acumen, there are many Muslim households in the country that enjoy great financial success. They have made their mark not only domestically, but internationally as well. Here is a bit more about five of the wealthiest Muslim families of India today:
1. Azim Premji
A man known for his daring and fortune, he is one of the most prosperous Indian Muslim businessman. He is the founder and chairman of Wipro Limited, a well- known IT company. Premji is also known for his charitable work, as a significant portion of his massive fortune has been contributed to charitable causes, particularly education.
According to the Hurun India Philanthropy List, he has donated around Rs 9,713 crore till date, and Forbes estimates him to be worth around $12.2 billion USD. If seen on a daily basis, he has donated around Rs 27 crore every day.
2. M.A. Yusuf Ali Family (Lulu Group)
M.A. Yusuf Ali is the managing director of Lulu Group international. He was born in Kerala and found his business in Abu Dhabi. He has a vast network of retail centres and hypermarkets throughout the Middle East, India, and other countries as well. , According to Forbes, Yusuf Ali, also known as the ‘Middle East Retail King’, is worth roughly $7.4 billion (about Rs 65,150 crore) and has constructed sizable shopping centres in Kerala, India, which offer commercial and job prospects.
3. Yousuf Hameed
Yousuf Hameed is not only a renowned scientist and businessman, but also the owner of Cipla Pharmaceuticals, one of India’s top pharmaceutical firms. Apart from that, he has helped create reasonably priced medications, especially for the treatment of HIV/AIDS. His worth is estimated to be around $2.6 billion (about Rs 21,000 crore).
Cipla pharmaceuticals are very well known in India, and their headquarters in Mumbai. In 2005 Yousuf Hameed was awarded with the Padma Bhushan from the Indian Government.
4. Rafiq Malik
Chairman of Metro Brands Limited and a well-known businessman, Rafiq Malik is known for brands like Metro, Mochi, Walkway, Da Vince and Fitflop. His company, Metro Shoes is a prominent ladies footwear retail chain in India. Forbes estimates Rafiq’s net worth to be around $2.1 billion dollars, or around 17,160 crore. He was the 89th richest person in India in 2022, and 1,434th on Forbes’ list of billionaires in 2023.
5. Dr. Azad Moopen
Dr. Azad Moopen is a Doctor and Entrepreneur from India residing in Dubai. He was born in Kalpakancheri, Kerala, in 1953. After graduating from Calicut Medical College with an MBBS and an MD, he also received a gold medal in his career. His life changed course in 1987 when he travelled to Dubai for a unique assignment. He is an Indian healthcare entrepreneur. He is the developer of many healthcare facilities in Asia-Pacific. He is also the chairman and managing director of Aster DM Healthcare, a healthcare conglomerate in the Middle East and India founded in 1987.
Forbes says Dr. Azad Moopen has a net worth of around $1 billion USD, around Rs 8600 crores. As a result, he is among the wealthiest Indians in the United Arab Emirates
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