Background
Mohamed Yusuf belonged to a Kutchi Memon family which trace its roots to modern Gujarat, and was the only son of Haji Ismail Hasham.
Businessman philanthropist proprietor
Mohamed Yusuf belonged to a Kutchi Memon family which trace its roots to modern Gujarat, and was the only son of Haji Ismail Hasham.
He was the proprietor of Bombay Steam Navigation Company. The Yusuf family own vast amounts of land in Mumbai and the vicinity and is one of the ten largest private landowners in Mumbai. In 1894, at the age of 18, he joined his father"s company.
The Bombay Steam Navigation Company was engaged in trade along the Konkan coast, and Mohamed helped his father expand these activities.
In 1910, he obtained Nhava island and subsequently estates in Jogeshwari (Mumbai) from the then British Indian government, on a 999-year lease and established a nautical college (Training Ship Rahaman – 1910), girl"s school, dispensary and an educational institute (Ismail Yusuf college - 1923). He was knighted in 1914.
He also collected many books in English, Persian and Urdu on philosophy, literature and the arts in English, Persian and Urdu — these books are today maintained in the Marine museum on Nhava island. Mohamed Yusuf died on 15 September 1965.
He is buried at the family mausoleum at the family house and estate Samandar mahal (Jahaz point, Worli).
Ever year, on his death anniversary, a ceremony is performed by the cadets of Training Ship Rahaman at his mausoleum. Sir Mohamed Yusuf Seamen Welfare Foundation (founded 1910)
Sir Mohamed Yusuf Trust (1929)
Training Ship Rahaman (Nhava, India)
Ismail Yusuf College (Andheri, Mumbai, India).