#813

Nusli Wadia

India 82 years old

Overview

Source of Wealth
Consumer goods
Residence
Mumbai
Marital Status
Married
Children
2

Assets

  • Bombay Burmah Trading Co.
    0 shares @ -
    -
    501425-IN
  • Bombay Dyeing & Manufacturing
    102,015,000 shares @ -
    -
    500020-IN
  • Britannia Industries
    86,200,000 shares @ -
    -
    500825-IN
  • National Peroxide
    3,940,000 shares @ -
    -
    500298-IN

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.

About

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.