A private helicopter carrying UAE-based businessman Yusuf Ali M. A., his wife and three others crash-landed in a vacant plot in Kochi on Sunday morning.
The chopper crash-landed near the Kerala University of Fisheries and Ocean Studies (KUFOS) campus in Panangad. The hospital authorities say that they are safe.
Who is M.A. Yusuff Ali ?
Yusuff Ali Musaliam Veettil Abdul Kader, popularly known as Yusuff Ali is a UAE-based Indian businessman and billionaire.
He is the chairman and managing director of LuLu Group International. Originally from a village in Kerala state in south India, Yusuff Ali left for Abu Dhabi in 1973 to join his uncle’s small distribution business.
Sharing a light moment with HH Sheikh Mohamed bin Zayed Al Nahyan & Shri Narendra Modi during a official lunch hosted by the Hon’ble PM. pic.twitter.com/KDZN9DNNoD
— Yusuffali M. A. (@Yusuffali_MA) January 30, 2017
Billionaire of Indian Origin in UAE
According to Forbes, Ali’s net worth is around $4.8 billion. He presides over $7.4 billion (revenue) LuLu Group International, with 193 stores in the Gulf and elsewhere.
In April 2020, a member of Abu Dhabi’s royal family reportedly acquired a 20% stake in LuLu. Yusuff Ali donated $6.8 million to fight the Covid-19 pandemic. He also built and donated a treatment centre with 1,400 beds in Kerala.
Luxury Life & Assets
Assets include the Waldorf Astoria in Scotland and the Great Scotland Yard Hotel, the former headquarters of the U.K. Metropolitan Police. Ali owns a fleet of luxury cars and a private jet that costs 150 Crore bought from the Brazilian Aviation Company.
(Image Courtesy: Cartoq)
(With ANI inputs)