The business world mourns the loss of Micky Jagtiani, the visionary founder of Dubai’s Landmark Group, who passed away at the age of 70. Jagtiani leaves behind a remarkable legacy, having transformed a single store in Bahrain into one of the largest retail conglomerates in the Middle East, Africa, and India.
Established in 1973, Landmark Group rapidly expanded under Mr. Jagtiani’s astute leadership, becoming a beacon of success in the region’s business landscape. The group, now chaired by his wife Renuka Jagtiani, encompasses an extensive network of over 2,200 outlets spanning 21 countries.
More than just a businessman, Micky Jagtiani was a visionary who understood the power of entrepreneurship to drive economic growth and create opportunities for countless individuals. Landmark Group’s brands, including Centrepoint, Babyshop, Splash, Lifestyle, Home Centre, Shoemart, and Emax, have not only reshaped the retail sector but also served as a significant force in job creation, employing over 50,000 dedicated professionals.
Forbes recognized Micky Jagtiani estimating his wealth at over $5 billion. However, his impact extends well beyond his financial achievements. His entrepreneurial spirit and dedication to philanthropy have inspired countless individuals and organizations.