Dubai — Prince Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, on Friday expressed his condolences over the death of Indian Businessman Micky Jagtiani, the founder of the Landmark Group, a leading retail company in the Middle East.
In a statement shared on his official Twitter, Prince Hamdan expressed his sadness at the news of Jagtiani’s passing, while remembering his significant contribution to the region’s retail industry.
Mukesh Wadhumal Jagtiani, also known as Micky Jagtiani, was an Indian businessman and billionaire who resided in the UAE. He was born to Indian parents in Kuwait, and he came from a Sindhi background. He received his education in Chennai, Mumbai, and Beirut before relocating to London, where he enrolled in an accounting school. However, he eventually dropped out of the program.
Jagtiani was widely regarded as a pioneer of the retail industry in the Middle East, having founded the Landmark Group in 1973. Under his leadership, the company grew to become one of the region’s largest and most successful retail groups, with a presence in over 20 countries.
Prince Hamdan wrote, “Today, we mourn the loss of Micky Jagtiani, the founder of Landmark Group and an integral part of Dubai’s success story. His philanthropic legacy and contributions to the UAE’s economy and society over the last three decades will be remembered forever. We extend our heartfelt condolences to his family and the Landmark Group team”.
Prince Hamdan praised Jagtiani’s commitment to philanthropy, noting that his contributions had helped to improve the lives of many people across the region. He also expressed his condolences to Jagtiani’s family and the Landmark Group’s employees.
The Landmark Group, which operates several well-known retail brands, including Lifestyle, Max, and Splash, has grown to become one of the Middle East’s most successful retail companies. Jagtiani’s passing has been met with widespread sadness and condolences from business leaders and members of the public across the region.
Jagtiani was known for his generosity and philanthropy, having donated significant sums of money to a variety of charitable causes across the Middle East. His contributions have helped to support a range of initiatives, including education and healthcare programs, as well as projects aimed at improving the lives of disadvantaged communities.
As news of Jagtiani’s passing spread across the region, many people took to social media to express their condolences and pay tribute to his life and legacy. His contributions to the retail industry and his commitment to philanthropy have left a lasting impact on the region and inspired many to follow in his footsteps.
His passing is a significant loss for the retail industry in the Middle East, but his legacy will continue to inspire and guide future generations of entrepreneurs and philanthropists.
Prince Hamdan’s tribute to Micky Jagtiani highlights the profound impact that the late entrepreneur had on the retail industry and on the lives of people across the Middle East. Jagtiani’s contributions to philanthropy and his commitment to improving the lives of others will be remembered as a testament to his vision and leadership. His passing is a significant loss, but his legacy will continue to inspire and guide future generations.