Meet man who once worked at tailor’s shop, now owns Rs 12930000000, his business is…, he lives in…

We all watch movies where the hero rises from nothing to become a successful person. But these are not just stories; there are real people who started from humble beginnings and reached great heights. This inspiring story is about a man who rose from modest beginnings to become one of the richest individuals in the country. Today, his name is synonymous with excellence in the real estate sector. Irfan Razack, Chairman and Managing Director of Prestige Estates Projects, is India’s most renowned real estate developer. Let’s explore his remarkable journey.
Success Story: Who is Irfan Razack?
Irfan was born into a business family in Bengaluru. His father, Razack Sattar, founded Prestige Group in 1950 with a small fabric and tailoring shop in the silicon city. Under Irfan Razack’s leadership, Prestige Estates Projects has emerged as a major player in India’s real estate market.
Success Story: Big Companies Like Apple, Caterpillar, Armani, And Louis Vuitton Are His Tenants
Irfan’s company has successfully completed 285 projects and is currently working on 54 various sectors. These sectors include – residential, commercial, retail, and hospitality.
Razack got everybody’s attention and made news when his family’s net worth exceeded USD 1 billion. Prestige Properties’ high-profile tenants include global brands like Apple, Caterpillar, Armani, and Louis Vuitton.
Success Story: Expanding Across India
In 1990, after selling their second real estate project in Bengaluru, Razack’s retirement plans were briefly discussed. Prestige Estates Projects has expanded in cities like Chennai, Kochi, Calicut, Hyderabad, and Mumbai.
Success Story: Among the Wealthiest in India
This year, Irfan Razack’s net worth reached USD 1.3 billion (approx. Rs 10,868 crore). Last year, his company recorded sales worth Rs 12,930 crore.
Razack was also mentioned in the Forbes’ 2024 World’s Billionaires list.