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In the world today
Rezwan Razack

Rezwan Razack

R. Razack
-0.34% | - $-5.09M
$1.48 B ₹ 13,436 Cr
Real Time Net Worth #2559 Ranking as of 21 Feb 2026 By Forbes

More on Rezwan Razack

Gender

Male

Age

71Y

Country

India

Born On

January, 1955

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Prestige Estates Projects

Titles

Joint Managing Director

Sources of Wealth

Prestige Estates Projects

Industry

Real Estate, Construction

About Rezwan Razack


R ezwan Razack is an Indian billionaire who, along with his brothers Irfan and Noaman, owns and runs the Prestige Estates Projects, one of South India's largest and most prominent real estate development companies. The company was founded by his brother, Irfan Razack, who serves as the chairman. They have built the Bangalore-based company into a major player in the Indian property market, with a large and diversified portfolio of residential, commercial, and retail properties.

While his brother is the chairman, Rezwan serves as the joint managing director of the publicly traded company. He has been a key figure in the company's growth and its expansion into new cities and new segments of the real estate market. The family's controlling stake in the company is the source of their billion-dollar fortunes. In addition to his real estate career, he is a passionate and world-renowned collector of historic Indian banknotes and paper money, and has written a book on the subject.

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Quick Reads


  • Co-owner of the South Indian real estate giant Prestige Estates Projects.
  • His brother, Irfan Razack, is the chairman of the company.
  • He serves as the joint managing director of the publicly traded company.
  • The company is a major developer of residential and commercial properties.
  • He is a world-renowned collector of Indian paper money.

Early Life and Background


Rezwan Razack is an Indian businessman, the self-made billionaire Co-founder and Joint Managing Director of Prestige Estates Projects Ltd. (NSE: PRESTIGE), a major real estate development company specializing in residential, commercial, and hospitality projects (e.g., Forum Mall). His career is rooted in construction, real estate development, and entrepreneurial audacity.

Razack's philosophical approach centers on scale, quality construction, and long-term asset hold in the essential construction and infrastructure sectors (specializing in integrated townships and urban centers). He co-founded Prestige Group in 1986 with his brothers, Irfan Razack and Noorjahan Razack (recognizing the immense, untapped domestic demand for modern, large-scale housing and commercial infrastructure in India).

  • Prestige Estates Projects Ltd. (Co-founder & JMD): The core publicly traded asset, a major real estate development company (specializing in integrated townships, commercial centers, and hotels).
  • Real Estate Pioneer: His success is built on scale development and vertical integration across the construction, property management, and hospitality supply chains.
  • Investment Strategy: His philosophy is rooted in long-term investment in land and essential urban infrastructure and leveraging the massive Indian IT and urbanization boom.
  • Family Governance: He and his brothers jointly control the massive private empire.

Career Journey of Rezwan Razack


Rezwan Razack's strategic leadership guided Prestige Group's transformation into a major national force. Under his guidance as Joint Managing Director, the company pioneered the concept of integrated development (combining residential, commercial, and hospitality spaces). The company successfully executed its IPO on the NSE.

His structural contribution is immense: providing foundational commercial and residential infrastructure that enabled the growth of Bangalore and other major Southern Indian cities. His wealth is secured by the colossal, long-term, stable profitability of the Indian real estate and construction sectors.

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Rezwan Razack's Timeline


1986:

Co-founds Prestige Estates Projects Ltd. with his brothers (Founding).

2010 (October):

Prestige Estates executes its successful IPO on the NSE (Financial Milestone).

2010s:

Prestige Group expands aggressively into hospitality and retail (Forum Mall) (Development Apex).

Ongoing:

Continues as Co-founder and Joint Managing Director, guiding the massive real estate empire (Executive Oversight).

Major Business Ventures and Investments


Rezwan Razack's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded real estate giant, Prestige Estates Projects Ltd. (NSE: PRESTIGE), and his private investments.

  • Prestige Estates Projects Ltd. (Co-founder & JMD): The core publicly traded asset, a major real estate development company (specializing in integrated townships, commercial centers, and hotels).
  • Real Estate Pioneer: His success is built on scale development and vertical integration across the construction, property management, and hospitality supply chains.
  • Investment Strategy: His philosophy is rooted in long-term investment in land and essential urban infrastructure and leveraging the massive Indian IT and urbanization boom.
  • Family Governance: He and his brothers jointly control the massive private empire.

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Philanthropy and Social Impact


Rezwan Razack's social impact is structural, stemming from Prestige Group's role in providing essential housing and commercial infrastructure for the rapidly growing urban population of Southern India. The company provides thousands of stable jobs in construction, real estate, and property management. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the highly complex Indian real estate development sector.

Fashion, Style, and Lifestyle


Rezwan Razack maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital real estate sector.

Residing in Bangalore, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic planning, and the long-term, stable growth of the Prestige Group empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Joint Managing Director of Prestige Estates Projects (real estate developer).
  • His company is known for executing integrated townships and commercial centers (e.g., Forum Mall).
  • He co-founded the company with his brothers, Irfan and Noorjahan Razack.
  • Prestige Group is a major force in the Bangalore and Southern Indian property market.
  • His fortune is tied to the successful monetization of India's urbanization boom.
  • He holds an estimated net worth of $1.1 billion (2024 estimate).
  • His philosophy emphasizes quality construction and integrated development.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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