Wherever oil was found, Jashanmal Group would go, Tony Jashanmal told Arabian Business in 2012, citing his grandfather Rao Sahib’s move in setting up retail outlets in oil-rich Iraq and Kuwait following World War I. The move saw him expand to the rest of the GCC to build what is today one of the most successful family businesses in the region.
Acting as the firm’s group executive director, Jashanmal continues his father’s vision as he manages more than 2,000 employees working in at least 100 stores of franchised brands across home appliances, perfumes, cosmetics, electronics and fashion, boasting big names such as Calvin Klein and Brooks Brothers. Now 70 years old, Jashanmal speaks seven languages including German and Arabic. He had left behind a dream of working in the United Nations to join the family business.
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