Billionaire Profile
Noaman Razack
Global Rank
#2279

Image: Public domain | via Wikimedia Commons

Noaman Razack

CEO, Prestige Estates Projects
IN
Real-Time Net Worth
$1.7B
As of December 2025
Age
67
Source
Real estate
Industry
real-estate
Citizenship
IN

Biography

Noaman Razack, a prominent figure in the Indian real estate sector, holds a current net worth of $1.7 billion as of December 4, 2025. He serves as an Executive Director at Prestige Estates Projects, a leading real estate developer based in Bangalore. Razack's wealth stems from his stake in Prestige Estates Projects, a company with over 300 completed projects spanning residential, commercial, retail, and hospitality sectors. He is involved in overseeing the retail operations for Prestige Group. His career began in the family's retail business, and he has been instrumental in the growth and success of the Prestige Group. He is also a director in multiple other ventures.

Wealth Over Time

In-Depth Profile

Early Life

Noaman Razack is part of the Razack family, known for their significant contributions to the real estate landscape in India. The family's journey began with Razack Sattar, who established a small fabric shop in Bangalore in the 1950s. Noaman, along with his brothers Irfan and Rezwan, joined the family business as it expanded into real estate. He is the youngest son of Razack Sattar.

Rise to Success

Noaman Razack's career has been closely tied to the growth of Prestige Group. He started in the family's textile and apparel business, learning the ropes of retail and customer service. He later transitioned into real estate, working alongside his brothers in various aspects of the business. His role as Executive Director involves overseeing retail operations and contributing to the design and customer experience aspects of the projects. He is known to be the driving force behind Prestige Forum malls, which are in Bangalore and other cities.

Key Business Strategies

Noaman Razack has been instrumental in the growth of Prestige Group, a leading real estate company in India. The success of the company is due to the strong family teamwork and the ability to manage customer and staff relations. He has also focused on creating well-designed and comfortable spaces within the Group's retail and leisure projects. He also brought new ideas regarding the retail side of business.

Philanthropy

The Razack family has a legacy of philanthropy. In September 2024, the family donated Rs 5 crore to St. Joseph's Boys' High School (SJBHS) to support the institution's ongoing projects.

Career Milestones

1986

Joined Prestige Group

Began working in the family's real estate business alongside his brothers.

Present

Executive Director, Prestige Group

Oversees retail operations and contributes to the design and customer experience aspects of the projects.

Philanthropy & Social Impact

Education

Donation to St. Joseph's Boys' High School (SJBHS)

$0.6M

The Razack family donated Rs 5 crore to support the institution's ongoing projects.

Business Philosophy & Leadership

Notable Quotes

"The Prestige retail vertical model transformed Bangalore's lifestyle, elevating retail to a truly international level in what has become a world capital. Perhaps the sum total of our efforts through the years has been to transform in some way how Bangalore lives well."

Leadership Principles

Honesty

The importance of honesty in business, as emphasized by his father.

Focus on People

Prioritizing people and relationships in business dealings.

Attention to Detail

The values of focus and impeccable attention to detail.