Sadly, Outlook does do this... NOT in the contact records (when one selects
“contacts from the left-side menu, these populate fine) but in the list when
one selects "To" for a new message.

Here's how to repeat it...

(1) Export contacts to an Excel file.
(2) In the first (column) field (which is "title") Add titles.... Mr., Ms.
etc.
(3) Delete your contacts in Outlook or you will get duplicates, Outlook
thinks "Mr." Somebody is different than Somebody.
(4) Import the Excel list into Outlook... you may need to use a comma
delimitated file created from the Excel because Outlook sometimes “chokes”
when importing an Excel
(5) Open a new email... and select “To”. You now have a “Name” column that
lists all the emails, several for an individual with multiple addresses, but
now Mr. or Ms. or whatever the “title” is is infrom of all the names,
requiring that one enters the title befor searching the list.

Let me know how you make out with the steps above or if you need
clarification.

Best,