Meet man, the grandson of Jinnah who had a fierce rivalry with Tata and Ambani, leads business empire of Rs 478370000000, owns companies like…
New Delhi: The chairman of the Wadia Group, Nusli Wadia, is a billionaire Indian businessman. His company operates in various industries such as textiles, aviation, chemicals, and real estate. Nusli Wadia expanded the Wadia Group and established several new companies, including Bombay Dyeing. He was also actively involved in GoAir airline. He has also contributed to the fields of education and healthcare through philanthropy. However, he faced controversies, including rivalries with the Ambani family and legal disputes with the Tata Group.
The Wadia family holds an important place among the Parsi community. His mother, Dina Wadia, came from a Gujarati Muslim family. Nusli Wadia's maternal grandfather was Muhammad Ali Jinnah, the founder of Pakistan. His maternal grandmother, Rattanbai Petit, belonged to one of India's wealthy Parsi families. Nusli Wadia's paternal grandfather, Sir Ness Wadia, was a well-known textile industrialist who played a key role in making Bombay one of the world's largest cotton trading centers at the end of the 19th century. His paternal grandmother was an Englishwoman named Evelyne Clara Powell from Yorkshire. His grandaunt (mother's aunt) Fatima Jinnah was a politician. Thus, Nusli Wadia's family has connections to many prominent figures in politics and business. In this article, we will delve into the journey of his success. All you need to know about Nusli Wadia Nusli Wadia was born on February 15, 1944, in Bombay (now Mumbai).
Nusli Wadia is a billionaire Indian businessman.
He is the chairman of the Wadia Group, which operates in various industries such as textiles, aviation, chemicals, and real estate.
Nusli Wadia's father, Neville Wadia, was a well-known businessman, and his mother, Dina Wadia, was the daughter of Muhammad Ali Jinnah, the founder of Pakistan.
The Wadia family has played a significant role in Indian business for several generations.
Nusli Wadia expanded the Wadia Group and established several new companies, including Bombay Dyeing. He was also actively involved in GoAir airline.
He has also contributed to the fields of education and healthcare through philanthropy.
His wife's name is Maureen Wadia.
They have two sons – Ness Wadia and Jeh Wadia.
Nusli Wadia acquired an 11 percent stake in the company with the help of well-wishers such as his mother, sister, friends, and J.R.D. Tata. He also persuaded employees to invest their savings and buy shares in order to prevent the company from being sold. Nusli then went to London, where his father was negotiating a deal, and convinced him not to sell the company or move abroad. In 1977, Nusli Wadia became the chairman of the company after his father.
Nusli Wadia is married to Maureen Wadia, who was formerly an air hostess. Maureen Wadia is the head of Gladrags magazine and one of the organizers of the Mrs. India beauty pageant. They have two sons: Ness Wadia and Jehangir Wadia. Nusli Wadia's son Ness Wadia is also quite well known. He is recognized in both the sports and business worlds. Ness Wadia is the co-owner of the IPL team Kings XI Punjab, which is now known as Punjab Kings. Nusli Wadia's real-time net worth is $5.6 billion (approximately Rs 47,837 crore).
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