Nusli Wadia net worth of $4.2 billion. Nusli Wadia is the chairman of Wadia Group which has interests in textiles, aviation, plantations, real estate, media, chemicals, food processing and cookies.
Wadia Group started in ship building in 1736 when Lovji was contracted by British East India Company to build docks and ships in Bombay in 1736. It is the oldest conglomerate in India from which Nusli Wadia net worth is generated.
Wadia Group is made up of companies such as Britannia Industries, National Peroxide Limited, Go First, Punjab Kings, Bombay Realty and Bombay Dyeing which is in textile business. The group also owns several other companies which are not listed on the stock exchange.
Nusli Wadia net worth is also generated from tea growing business which was established in 1913. They now have 2,822 hectares of land under tea production in South India. The Wadia Group produce 8 million kilos of tea every year. The Wadia Group own five estates and four tea factories. They also own Singampatti Group which operates 804 hectares and 3 tea factories in the southern tip of India. They own Dunsandle Estate which sits on some 155 hectares of land.
Wadia Group owns a fashion magazine known as Gladrags which was established in 1959. They also own Wadia Techno-Engineering Services Limited and Bombay Realty which was established in 2011.
Wadia Group is the largest manufacturer of hydrogen peroxide gas in India which also contributes to Nusli Wadia net worth. They also produce hydrogen gas.
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Wadia Group also owned Go First Airline which is not profitable and declared bankruptcy in May 2023.
Nusli Wadia is known as a corporate samurai by Indian media for his many legal cases.
One such a court battle was against Tata Group and Ratan Tata who ousted him from the boards of three Tata companies in December 2016.
Wadia is the grandson Muhammad Ali Jinnah who was the founder of Pakistan.
Ness is Wadia’s son who co-owns India Premier League cricket team known as Kings XI Punjab.
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