Micky Jagtiani: Biography, Career, and Business Insights

Micky Jagtiani’s Profile Summary

Company	Landmark Group
Position	Founder and Chairman of Landmark Group, a multinational retail and hospitality conglomerate headquartered in Dubai, UAE
Source of wealth	Micky Jagtiani's wealth came primarily from retail operations through Landmark Group, real estate investments, and his stake in UK-based Debenhams
Also known as	Philanthropist, visionary leader, and healthcare advocate.
Age	72
Education	University of Mumbai - Bachelor’s in Accounting and Business Management, London accounting school - dropped out
Citizenship	Indian
Residence	Dubai, United Arab Emirates
Family	Micky Jagtiani was married to Renuka Jagtiani, and they had three children: Aarti, Nisha, and Rahul
Website, Social Media	https://www.landmarkgroup.com/

Micky Jagtiani’s biography

Micky Jagtiani, born on August 15, 1952, in Kuwait, was a self-made Indian billionaire and businessman best known for founding Landmark Group in 1973. Raised in a Sindhi family, Jagtiani experienced tragedy early in life, losing his family within a short period. After this, he took over a small store left by his brother in Bahrain and transformed it into "Babyshop," marking the beginning of his entrepreneurial journey. Over the next decade, he expanded his retail presence in the region. The Gulf War forced him to relocate to Dubai, where he established Landmark Group, diversifying into sectors like fashion, electronics, hospitality, and healthcare. Under his leadership, Landmark became a retail giant, with over 2,200 stores across the Middle East, India, and Southeast Asia. Known for his humility and philanthropy, Jagtiani supported various charitable initiatives, including LIFE, which helped underprivileged children in India. He passed away in May 2023, leaving a legacy of entrepreneurship and compassion.

How did Micky Jagtiani make money?

Micky Jagtiani makes money in the following areas:

Micky Jagtiani's wealth came primarily from retail operations through Landmark Group, real estate investments, and his stake in UK-based Debenhams
What is Micky Jagtiani net worth?

As of 2025, there is no publicly available and reliable information regarding Micky Jagtiani’s net worth.

What is Micky Jagtiani also known as?

Micky Jagtiani was a well-known philanthropist who dedicated substantial resources to supporting underprivileged communities, particularly children in India. He founded the Landmark International Foundation for Empowerment (LIFE) to provide education, healthcare, and shelter for disadvantaged children. Additionally, Jagtiani spearheaded the "Beat Diabetes" initiative, a global campaign to raise awareness about diabetes. His work also extended into healthcare, with the establishment of medical camps, clinics, and health programs to serve low-income populations across the Middle East and India

Prominent achievements of Micky Jagtiani

Micky Jagtiani was listed in Forbes as one of the richest Indians, with his net worth reaching $5.2 billion in 2023. He was recognized as the Retail Personality of the Year at the Middle East Retail Awards in 2007. In 2008, he acquired a 6% stake in the UK retailer Debenhams, further solidifying his global business influence. His philanthropic initiatives, including LIFE and the Beat Diabetes campaign, also received significant recognition across the regions where he operated

What are Micky Jagtiani’s key insights?

Micky Jagtiani believed in resilience and adaptability, principles that defined his entrepreneurial journey. Having started with humble beginnings, he emphasized the importance of perseverance, hard work, and learning from failures. He was highly customer-centric, focusing on understanding market needs and delivering value. Jagtiani also advocated for giving back to society, viewing philanthropy as an essential part of business success

Micky Jagtiani’s personal life

Micky Jagtiani's family includes his wife, Renuka Jagtiani, who played an active role in Landmark Group's operations, especially in later years. They had three children: Aarti Jagtiani (married to Savitar Jagtiani), Nisha Jagtiani (married to Kabir Jagtiani), and Rahul Jagtiani. The family currently resides in Dubai, UAE, and Micky also had grandchildren, including Samar, Nikhil, Yohan, and Aliya

Useful insights

Understanding market forces

In my experience, to truly succeed as an investor, it’s essential to understand the driving forces behind market behavior. Market movements aren’t random—they’re influenced by a range of economic theories and dynamics. The following books provide valuable insights into these forces, offering a deeper understanding of how global financial markets operate and what shapes their trends.

Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
  Taleb explores the concept of rare, unpredictable events—so-called "Black Swans"—that can have massive impacts on markets and society. These events are often overlooked by traditional risk management models, leading to devastating consequences when they occur. Taleb illustrates how these unpredictable shocks shape our world, often more than gradual, expected changes.
- Why read it:
  
  This book challenges conventional thinking about risk and uncertainty, showing that many major historical and financial events were "Black Swans." It's a vital read for investors who want to build resilience in the face of market volatility.
John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
  Keynes revolutionized economics by focusing on total demand within an economy and its effect on output and inflation. His theory suggested that government intervention could stabilize economic cycles through fiscal and monetary policy. The book also explains the consequences of under-consumption and the role of interest rates in managing economic stability.
- Why read it:
  
  For investors interested in macroeconomic trends and policy impacts, Keynes’ work is essential. Understanding the Keynesian framework can help investors predict how government actions might influence market performance.