Meet man, who once had a tailoring shop in Bengaluru, now owns Rs 110632366130 business empire, his name is…, business is…

Irfan Razack is the chairman and managing director of Prestige Estates Projects.  He was born into a family which had a rich business legacy. His father, Razack Sattar had started a small fabric and tailoring shop in Bengaluru in 1950. 

Prestige Estates Projects

Prestige Estates Projects  works across residential, commercial, retail, and hospitality sectors. The company has completed 285 projects and is currently managing 54 ongoing projects on around 75 million square feet. Prestige Estates is now called India’s second-largest listed property firm behind DLF.

Razack and his family crossed the $1 billion wealth mark, after a 60% surge in the company’s shares. Prestige Estates Projects has high-profile tenants among global brands like Apple, Caterpillar, Armani, and Louis Vuitton.

Prestige Estates has extended beyond Bengaluru and now entered in cities like Chennai, Kochi, Calicut, Hyderabad, and Mumbai. The company focuses on middle-class buyers with affordable options for them.

Irfan Razack’s younger brothers, Rezwan Razack and Noaman Razack also play important roles in daily business. Razack was thinking of retiring after selling his second real estate project in Bengaluru in 1990. However, his passion made him continue to work for the company.  Apart from his business, Razack likes adventure sports.  As of 2024, Irfan Razack’s net worth was $1.3 billion. 

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