Irfan Razack Net Worth

Irfan Razack has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Irfan Razack profile (figures as of October 20, 2026). That is up from $1.3 billion in 2024.

Irfan Razack is the chairman and managing director of Bangalore real estate developer Prestige Estates Projects. He began his career in the family’s textile and apparel retail business before moving into property. In 1986, he formally established Prestige Estates Projects Limited and expanded it into a major listed developer. Under his leadership, the company built residential, commercial, retail and hospitality projects. Its work spread across Bengaluru, Chennai, Hyderabad, Kochi and Mumbai.

His wealth comes from real estate through Prestige Estates Projects. The company’s portfolio includes 300 completed projects across residential, commercial, retail and hospitality segments. Prestige became one of India’s largest listed real estate developers after its IPO in 2010. Razack also co-founded Inventure Academy in 2005. His younger brothers Rezwan and Noaman work with him and are also billionaires, making the business a family-led force in Indian property.

How Irfan Razack makes money

Razack built his fortune in real estate after starting out in retail. He first worked in the family’s textile and apparel business, then shifted into property development and formally established Prestige Estates Projects Limited in 1986. That move set the base for his wealth. Over time, the company grew into a listed developer with projects in several major cities, giving him exposure to different parts of India’s property market.

A large share of his wealth is tied to Prestige’s broad project mix. The company has 300 completed projects across residential, commercial, retail and hospitality segments. That means the business is not limited to one kind of property. Prestige also diversified into malls, hotels and integrated townships, and its IPO in 2010 helped establish it as one of India’s largest listed real estate developers. Razack leads the company alongside his younger brothers Rezwan and Noaman.

Forbes net worth history

Forbes estimated Razack’s net worth at $1.3 billion on the World’s Billionaires List in 2024. In 2025, Forbes put the figure at $1.2 billion. By 2026, Forbes raised the estimate to $1.4 billion on the World’s Billionaires List. Across those years, the source of his fortune stayed the same: real estate, centered on Prestige Estates Projects, the Bangalore developer where he serves as chairman and managing director.

Forbes’ real-time billionaires tracker also showed him at $1.4 billion as of October 20, 2026. The estimate is closely connected to Prestige Estates Projects and its wide property portfolio across homes, offices, retail and hospitality. Because the company is listed and active in multiple segments, changes in the Forbes estimate are tied to the value of a large real estate business rather than a single project or one narrow line of work.