Meet Irfan Razack, Chairman and MD of Prestige Estates Project and know about his family and more

Apr 18, 2024 Anita Santosh

[{"selector":"#anim-22a91d7f-ef57-4dbf-9587-d2e1b97fbf1a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Irfan Razack, the chairman and managing director of Prestige Estates Projects, traces his journey from humble beginnings to becoming one of India’s wealthiest individuals.

[{"selector":"#anim-34f617d3-7533-468d-aba2-e8723c0a5b4c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Born into a family with a legacy in business, Razack’s father, Razack Sattar, founded the Prestige Group, starting with a small fabric and tailoring shop in Bengaluru in 1950.

[{"selector":"#anim-3da71e0e-e04e-47e6-ab15-fdac0e07e2c0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] With a diverse portfolio spanning residential, commercial, retail, and hospitality segments, the company has completed 285 projects and has 54 ongoing projects covering a staggering 75 million square feet.

[{"selector":"#anim-1b5ce038-1c05-4dea-82e8-e6ab18608404 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] In a significant milestone, the wealth of Irfan Razack and his family surpassed $1 billion, fueled by a 60% rise in shares of Prestige Estates Projects.

[{"selector":"#anim-0614afb5-3732-4941-aea8-21a6e49b96d3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The company’s success positions it as India’s largest listed property firm, trailing only behind DLF.

[{"selector":"#anim-f1136dda-3b98-4b8c-a83d-bbad319e391a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] As of 2024, Irfan Razack’s net worth stands at an impressive $1.3 billion, cementing his status as one of India’s most influential and successful entrepreneurs. Learn more