Billionaire Profile
Rezwan Razack
Global Rank
#2712

Image: The colonial government of the British Raj. | Public domain | via Wikimedia Commons

Rezwan Razack

CEO, Real estate
INDIA
Real-Time Net Worth
$1.321B
Estimated based on Real estate stock value as of March 7, 2026
-2.9% (24h)
Age
70
Source
Real estate
Industry
Diversified
Citizenship
INDIA

Biography

Rezwan Razack, a prominent figure in the Indian real estate sector, is the Joint Managing Director of the Prestige Group. With a net worth of $1.3 billion as of April 2024, he ranks among India's wealthiest individuals. His source of wealth stems from his involvement in real estate development, alongside his brothers Irfan and Noaman. Razack's career began in the family's textile and apparel business before transitioning to real estate. He is also a passionate numismatist and author, with a notable collection of Indian paper money.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/7/2026

Wealth Over Time

In-Depth Profile

Early Life

Rezwan Razack was born and raised in Bangalore, India. He comes from a family with a strong entrepreneurial background. His grandfather, Hajee Abdul Sattar Sait, was a successful trader, and his father, Razack Sattar, founded the Prestige Group, one of Bangalore's largest property developers. Rezwan's early exposure to wealth came through his interest in collecting old banknotes, which he discovered in his home at a young age.

Rise to Success

Rezwan Razack's career is intertwined with the Prestige Group, which was established in 1986 by his father and brothers. After graduating with a commerce degree from St. Joseph's College of Commerce, Razack entered the family's retail business in 1975 before diversifying into property development in 1985. He currently serves as the Joint Managing Director of the Prestige Group, playing a key role in the company's growth and expansion over the decades. The company has completed 300 projects across residential, commercial, retail, and hospitality segments.

Key Business Strategies

Rezwan Razack's business acumen has been pivotal to the Prestige Group's success. He is responsible for handling all construction and engineering activities within the company. His approach to business emphasizes honesty, and delivering high-quality projects on time. He is known for his hands-on approach and commitment to delivering value to customers, ensuring that what is promised is what is delivered. Prestige Group's focus on building relationships with key suppliers, such as ensuring that the company was the first to receive building materials during challenging times, has also contributed to its success.

Philanthropy

Razack is involved in philanthropy, supporting causes such as cancer research through the Terry Fox Run in Bengaluru and providing medical assistance to the underprivileged through the PRAY (Pain Relief and You) Foundation.

Career Milestones

1975

Entered Family Business

Joined the family's retail and textile business.

1985

Diversified into Real Estate

Transitioned into property development with Prestige Group.

2020

Opened Museum on Indian Paper Money

Established a museum dedicated to Indian Paper Money.

Philanthropy & Social Impact

Cancer Research

Terry Fox Run

Undisclosed

Coordinated a fundraising event in aid of Cancer Research in Bengaluru.

Medical Assistance

PRAY Foundation

Undisclosed

Supports the PRAY (Pain Relief and You) Foundation, which provides medical assistance to the underprivileged.

Business Philosophy & Leadership

Notable Quotes

""With a smile!""

Leadership Principles

Honesty and Transparency

Emphasizing straightforwardness and not shortchanging anyone in business dealings.

Commitment

Being hands-on and dedicated to delivering high-quality work on time.