Portrait of Nusli Wadia

Rank #823

Nusli Wadia

Net worth $5.1B

Consumer goods · India

Born
Feb 15, 1944
Age
82
Source
Consumer goods
Residence
Mumbai
Citizenship
India
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Nusli Wadia is chairman of the Wadia Group, a cookies-to-textiles empire with roots in shipbuilding dating back to 1736.
  • Group companies include Britannia Industries and home textiles company Bombay Dyeing.
  • His loss-making budget airline, Go First, declared bankruptcy in 2023.
  • Wadia is often referred to as a corporate samurai by the Indian press for waging numerous legal battles.
  • One notable battle was against the Tata Group and his former pal Ratan Tata, who got him ousted from the boards of three Tata firms in 2016.
  • Wadia is the grandson of Muhammad Ali Jinnah, founder of Pakistan.
  • Wadia's son Ness co-owns Indian Premier League cricket team Kings XI Punjab.
  • In September 2024 Nusli Wadia sold a 10-acre parcel in Mumbai for over $130 million.

Financial assets

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